MLC Salary Cap: Future Increases Expected
- Major League Cricket (MLC) began its third season at the Oakland Coliseum, marking a significant step for the league. The opening game took place Thursday with the oakland...
- The event at the Coliseum, previously home to the Athletics and Raiders, drew a crowd to the 40,000-seat venue.
- The move to the Coliseum marks the tournament's expansion to the West Coast, with previous games held in Dallas and Morrisville, N.C.
Major League Cricket (MLC) is off to a high-scoring start! The third season’s opening match at Oakland Coliseum highlights the league’s expansion, as MLC seeks to solidify its place with new locations and a focus on drawing top talent. While the MLC salary cap remains at $1.1 million per team, with top players earning around $175,000, new media rights deals are expected to boost revenue. This influx could lead to an increase in the salary cap for the domestic franchise league, allowing for the recruitment of more international cricket stars.The league’s strategic moves, including West Coast expansion with a focus on attracting audiences and retaining stars, signal aspiring growth plans for Major League Cricket. News Directory 3 has the latest update on this expanding league. Discover what’s next for the MLC.
Major League cricket Season Opens at Oakland Coliseum
Major League Cricket (MLC) began its third season at the Oakland Coliseum, marking a significant step for the league. The opening game took place Thursday with the oakland Hills providing a backdrop.
The event at the Coliseum, previously home to the Athletics and Raiders, drew a crowd to the 40,000-seat venue. This season represents a pivotal moment for the American T20 domestic franchise league as it seeks to solidify its place in the cricket world.
The move to the Coliseum marks the tournament’s expansion to the West Coast, with previous games held in Dallas and Morrisville, N.C. Lauderhill, Fla., will also host games this season. While plans exist for each of the six teams to have home grounds, only the Texas super Kings currently have a permanent venue. The San Francisco Unicorns’ arrangement with the Coliseum is for one season.
Significant investment, exceeding $100 million, has enabled MLC to attract prominent players from major cricket nations, including Australians Pat Cummins, Steve Smith, and David Warner.The MLC salary cap remains at $1.1 million per team,with top players earning around $175,000 for a minimum of five games.
Soma Somasegar, co-owner of the Seattle Orcas, said media rights could significantly boost league revenue. “There is an chance for a good amount of revenue to come into the league from media rights,” Somasegar said. “That will open up not only more opportunities to keep attracting top players but also sponsorship.”
Anand Rajaraman, co-owner of the Unicorns, echoed this sentiment, hoping a new broadcast deal would lead to profitability as the league gains popularity. “As the league gains popularity, my hope is that the second broadcast deal is what takes us to profitability,” Rajaraman said.
Johnny Grave has taken over as chief executive, succeeding Vijay Srinivasan. Grave previously served as Cricket West Indies chief and commercial director at the Professional Cricketers’ Association in England.
MLC’s international exposure is growing, with broadcast deals secured with JioStar in india and Channel Seven in Australia. The season opener featured Finn Allen, who hit a record-breaking 19 sixes, and American player Sanjay krishnamurthi.
What’s next
Looking ahead, Major League Cricket aims to establish itself as a premier T20 league, attracting more top-tier talent and securing lucrative media rights deals to ensure long-term profitability and growth.