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Cricket Australia Approves Opt-In Model for BBL Franchise Sales

By Drooid · Sep 16, 2026, 6:21 AM UTC · How we work

Summary

Story summary

Cricket Australia approved an opt-in model letting states sell up to 49% of BBL franchises.
Cricket Australia chief executive Todd Greenberg said waiting is poor strategy and cited potential $1 billion investor interest.
Melbourne Renegades will be offered for a 100% sale, expected to close by year-end 2026.
Former Test opener Ed Cowan warned privatisation could spiral out of control and is unnecessary.

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Story summary

Cricket Australia approved an opt-in model letting states sell up to 49% of BBL franchises.
Cricket Australia chief executive Todd Greenberg said waiting is poor strategy and cited potential $1 billion investor interest.
Melbourne Renegades will be offered for a 100% sale, expected to close by year-end 2026.
Former Test opener Ed Cowan warned privatisation could spiral out of control and is unnecessary.