Cricket fans, rejoice: Pay dispute reportedly over, official announcement scheduled

Australia's Steve Smith acknowledging the crowd after scoring a century. AFP

A deal has been agreed "in principle" by Australia's players to resolve a long-running pay dispute that could have threatened this winter's Ashes series against England.

It's expected CA chief executive James Sutherland and his ACA counterpart Alistair Nicholson will hold a press conference in Melbourne later on Thursday.

The ACA had asserted last month in a meeting that none of the nation's 300 professional cricketers would make themselves available to for matches organised by the CA until a new MoU fulfilling the demands of the players is agreed.

"Finally, all un-contracted players, on the signing of the full MoU, which will be continued to be negotiated over next four to six weeks, will receive back pay once resolved", he added.

Australia are scheduled to arrive on August 18 for a two-Test series with the first Test slated to start on August 27 at the Shere-e-Bangla Stadium.

At the heart of the dispute is CA's insistence that the two-decade-old model under which players get a fixed percentage of revenue should be jettisoned.

"Today's agreement is the result of a sensible compromise from both parties".

The players said they felt they had not been consulted enough on major decisions, like scheduling and rule changes, and were not treated as the game's prime asset.

Players subsequently boycotted the "A" tour and warned subsequent tours to Bangladesh, India and the Ashes series at home were under threat. Relationships within the game have been tested, and I know that's been a bit of a turn-off for some fans.

"In announcing this agreement, we're restoring certainty, and beginning to fix relationships, especially with the fans". The ACA and Cricket Australia are delighted to be genuine market leaders in Australian sport in this regard.

The country's top players have been out of contract since the end of June and tours of Bangladesh and India were on the verge of being scrapped.

The most divisive issue in the dispute involved revenue sharing.

"I think we've reached a good compromise, one that we can both live with and one that will be good for the game and good for Australia's cricketers", he added. They have made history and created a legacy for generations of players to come.

Furthermore, a performance pool will continue for male players while being extended to include the Australian women's team.

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