Image for WICB defends plan to impose 20 percent levy on T20 stars ()
St.John's (Antigua), Nov 10 (CRICKETNMORE) The West Indies Cricket Board (WICB) has defended its decision to impose a 20 percent levy on the contract fees of its T20 stars playing in overseas domestic tournaments, saying revenue raised will be used to aid the development of players in the territories.
A statement from the WICB released on Wednesday, said some of the funds will be disbursed as an incentive for territories to "expose new cricket talent", reports CMC.
The unprecedented move by the WICB proposed to take 20 percent of T20 players' contract fees in exchange for a No-Objection Certificate (NOC) to compete in overseas T20 tournaments.