The International League T20 (ILT20), which will begin next year in the United Arab Emirates, is expected to be the second most profitable event after the Indian Premier League (IPL). The Emirates Cricket Board (ECB) will oversee the competition, which will have a wage ceiling of USD 2.5 million per club.
The ILT20 is predicted to be the second most costly league in the world, behind any other franchise-based event. For example, whereas the highest-paid player in the IPL earns more than USD 2 million each season, the ILT20 is slated to pay its highest-paid players USD 450,000 every season.
In the Pakistan Super League (PSL), the highest-paid cricketer may earn up to USD 200,000. Similarly, the highest-paid player in the Hundred earns USD 164,000 every season, while the most expensive international player in the Big Bash League earns USD 238,000.
With so much money at stake, players are more likely to be drawn to the ILT20 than to any other franchise-based competition. According to many reports, Australia’s lethal batter David Warner may miss the BBL to compete in the ILT20 in the UAE.
According to the organizers, the league will include six teams, with each side playing the other five teams twice during group stage matches before moving on to the knockout phases. The event will run from January 6 through February 12, with 34 matches scheduled. A side may have nine foreign players, with one UAE and one Associate player required to complete the playing XI.
Three of the six franchises in the next competition, including the Mumbai Indians (MI), Kolkata Knight Riders (KKR), and Delhi Capitals, have been bought by IPL owners (DC). The other three clubs are owned by Lancer Capital, directed by Avram Glazer, and are part of the ownership of Manchester United, leading India business group Adani Group, and Capri Global.
