Renegades put up for sale as players launch fresh dispute action with Cricket Australia

Cricket Australia has approved the self-determination privatisation model for the Melbourne Renegades, making the team up for sale in full as part of its T20 league. This strategic decision could be the biggest Australian cricket has made in a generation, with Cricket Australia CEO Todd Greenberg calling it a $1 billion move. The new ownership will be in place for the 2027-28 Big Bash League and Women's Big Bash League seasons, with no impact on the current seasons.

The sale process will not affect the Melbourne Renegades currently run in a caretaker mode by the Australian cricket governing body, who will also consider putting the other clubs up for sale under the "self-determination" model. This allows each state to decide if and when to sell stakes in their BBL clubs. The governing body will continue to have control over international scheduling, player availability, salary caps, and media rights.

Any changes to club names, colours, and branding would require approval. Cricket Australia chairman Mike Baird emphasized their commitment to investing in and growing the BBL and WBBL, advancing the interests of cricket at all levels.