BCCI delay payment of prize money to CL winners New South Wales

BCCI may be the world's richest cricket board but it doesn't seem to be the fastest in releasing money and has not yet paid the $2.7 million prize money to inaugural Champions League Twenty20 winners New South Wales.

The Australian side had won the tournament after beating Trinidad and Tobago in Hyderabad in October last year but Cricket NSW chief executive David Gilbert said they are yet to get the prize money.

"We were advised during the tournament that payment to the winners would be made 20 business days after the conclusion of the competition, which indicated it would be late November. But now we're in January and we haven't seen anything. It's certainly not panic stations, but we'd like to see the money soon," he was quoted as saying by Daily Telegraph.

Gilbert said Cricket Australia was aware of the delay in payment but dismissed suggestion that it had any impact on the ongoing domestic Big Bash competition.

"The players have been tolerant and we've made it clear we can't pay them until the money is received. The matter has had absolutely zero impact on this season's competition. There are no 'ifs' or 'buts' - we will get paid," he said.

Cricket NSW will pocket half the prize money with the other half to be divided among the players.