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Cricket SA Still Feeling Effects Of Failed Global T20

Despite an "encouraging start" to its Twenty20 league, Cricket SA "looks set to bleed more money into a competition that has wreaked havoc on its finances," according to Simnikiwe Xabanisa of CITY PRESS. As the Mzansi Super League "got off to a competitive and entertaining opening game," CSA "appeared still to be in the throes of extricating itself" from deals struck ahead of the failed Global T20. A source claimed that Ortus, the company contracted to source broadcast rights and sponsorship funding for the Global T20, "was locked in negotiations" to be paid for the remainder of the three-year contract for which it was signed. Ortus had reportedly been paid half of the $3M for which it was contracted when it became apparent the Global T20 would not "go ahead." When spokesperson Koketso Gaofetoge "was asked if it was true that CSA was in settlement negotiations" for the remaining $1.5M, he said, "The two parties have come to an agreement and that matter is being handled by our legal team." If the settlement agreement is for $1.5M, "it would be more money lost" on a tournament that is reported to have cost $14.3M "before a ball was bowled" (CITY PRESS, 11/18).

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