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T&TCB approves $1.4M club budget

Published: 
Saturday, February 3, 2018
Azim Bassarath, president of the T&T Cricket Board.

Clubs participating in the T&T Cricket Board (T&TCB) 2018 National League season which will bowl of on February 24, will benefit from both grant funding and prize monies despite the financial challenges which the organisation is currently facing due to lack of sponsorship and direct funding from the sporTT.

The T&TCB has approved T&T$1,425,800.00 for the season for their clubs ($720,000 in grant funding and $705,800 in prize monies).

In a release yesterday the TTCB announced that teams will compete in the new two-day league competition and in April, following the conclusion of the league, the T20 tournament will be played, but there will be no Sunday League 50 Overs tournament this year for clubs, but there will be a new Inter Zonal 50-over competition which will commence in May.

The release pointed out that because of the current adverse economic conditions the TTCB is forced to make changes which will reduce the financial burden on clubs which are also challenged for funding. However, to assist the 40 clubs in the National League the TTCB would be giving each of the eight Premiership I clubs $25,000. The eight Premiership II clubs will get $20,000 and the 24 Championship Division clubs will get $15,000 each. A total $720,000. This is inspite of the current financial woes.

The release stated that the prize money for the two club tournaments have also been cut by approximately 30% with the winners of the top division getting $77,000, the runner up $42,000 and third place $35,000; while the champion team in the Premiership II division will pocket $45,000 and the championship division winner $31,500.

The TTCB will spend $206,000 on the T20 tournament with the winners of the two the Premiership divisions I and II earning $70,000 and the championship division top team will get $28,000. The TTCB is offering $28,000 for the Reserve teams Over-35 competition which will involve the two top divisions and $23,100 for the reserve teams T20 tournament.

The release states that, "The TTCB is hoping for a positive change in the financial situation in 2019 so that the regular formats can be resumed. These changes were communicated to the clubs at a meeting on Thursday at the National Cricket Centre in Couva. The 50 over Zonal tournament will fall under the auspices of the Zones which will be charged with selecting their top players to compete in what is expected to be a highly competitive tournament. This tournament will be instrumental in selecting players for national representation. Zonal qualification of players will be based on their place of residence."

T&TCB PRIZE STRUCTURE 2018

GRANT FUNDING

Premier Division 1: 8 x ($25K) $200,000.00

Premier Division 2 8 x ($20K) $160,000.00

Championships Division 24 x ($15K) $360,000.00

TOTAL $720,000.00

PRIZE MONIES – League

Premier Division 1: $77,000.00; $42,000.00 $35,000.00

Premier Division 2: $45,500.00; $28,000.00; $21,000.00

Championship Division : $31,500.00; $21,000.00; $14, 000.00

TOTAL $448,000.00

 

 

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