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Cricket Australia approves private equity sale of Big Bash teams

December 26, 2025, Sydney, Nsw, Australia: SAM HARPER of Melbourne Stars celebrates scoring a century during the Big Bash League match between Sydney Sixers and Melbourne Stars. Melbourne Stars 145 for 3 beat Sydney Sixers 144 and won by 7 wickets. (

Cricket Australia has approved private ownership within the Big Bash League, opening a full sale of the Melbourne Renegades ahead of the 2027-28 season.

Global Franchise Market Shift

The governing body will invite bids from private investors under a “self-determination” structure, allowing individual associations to dictate their commercial timelines. This directive proceeds even as New South Wales and Queensland maintain their resistance to equity sales within their respective state frameworks.

Threat To English Player Availability

With major Indian Premier League conglomerates poised to expand their footprint following recent investments in The Hundred, this injection of private capital risks luring top English white-ball talent onto multi-league contracts. The commercial transition creates fresh scheduling conflicts for the England and Wales Cricket Board. Workload debates are surfacing across formats, mirroring recent limited-overs squad omissions as administrators attempt to manage high-profile players.

Retaining Domestic Board Control

Cricket Australia will keep direct authority over international scheduling, salary caps, and player availability. An official board release stated the financial strategy aims to “protect the primacy of Test Cricket.” Chair Mike Baird noted the move is a deliberate step to secure the sport’s long-term future. The Renegades will operate in a caretaker capacity through the impending domestic summer before any ownership changes take effect. The Big Bash season begins on 12 December when the Renegades face the Perth Scorchers in Chennai.

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