SYDNEY: As Twenty20 cricket competitions explode around the world, Australia’s Big Bash League is struggling to chart a vision for the future, after plans to privatise its franchises stalled.

Cricket Australia chief Todd Greenberg is adamant that outside investment is necessary to shore up the game’s financial future and keep pace with a boom in other well-funded leagues played in a similar time slot.

They include the UAE’s ILT20, South Africa’s SA20, and New Zealand’s privately-backed NZ20 scheduled to start in December 2027, all bidding for the best local and overseas players.

“If those salary caps (of other leagues) are significantly higher than ours over the coming years, and players can earn more in those areas, then players will follow those. That’s a real risk to us,” Greenberg told local media.

“I want to make sure that for Australian cricket, our ambition is to have a league that runs at the key part of the year for us, which is the December-January window, and it’s the best T20 league in the world at that moment in time.

“To do that, we have to have a significant amount of money in our salary caps to attract not only the best players from overseas, but to retain and attract our own best players.”

He added: “The concept of bringing private capital to cricket is inevitable at some point.”

While not a direct competitor as it runs in a different window, the benchmark Indian Premier League has seen massive success thanks to wealthy benefactors, with England’s The Hundred also on a roll after an influx of private capital.

But it is a thorny issue in Australia with an initial proposal to sell stakes in each of BBL’s eight teams stalling last month amid concerns about a loss of control for the game’s local custodians.

While the Victorian, Western Australian and Tasmanian cricket associations voiced support and South Australia said it was open to the idea, New South Wales and Queensland rejected the move.

Queensland Cricket, which controls the Brisbane Heat, said it was worried about player payments skyrocketing to unsustainable levels, and that private owners may not be as invested in the grassroots game.

Cricket NSW, which operates the Sydney Sixers and Sydney Thunder, was similarly concerned that it could be detrimental to how the sport is governed and how local players are produced.

‘Sugar hit’

There are also fears about an Indian takeover, with the most likely buyers seen as the rich IPL team owners who have invested in other short-form competitions around the globe.

Former Australian captain Greg Chappell is in the “No” camp, arguing that the BBL belongs to the states and communities that have built it into a successful and well-attended product.

While acknowledging the commercial realities, he said selling it off was not the answer.

“The moment you introduce private ownership at scale, you introduce a set of priorities that may not always align with the long-term health of the game,” he wrote in the Sydney Morning Herald.

“Private investors, however well-intentioned, answer to shareholders, not to Australian cricket.”

Andrew Jones, a former head of strategy at Cricket Australia who was instrumental in the launch of the BBL, is similarly unconvinced.

“A one-off sale is a sugar hit, not a solution,” he said in The Australian newspaper, arguing that revenues can be better grown through sponsorships, wagering, ticketing, and more focus on commercialising the women’s game.

Despite scepticism, Greenberg remains confident and is now eyeing a hybrid ownership model.

This would allow the BBL franchises keen to sell stakes to do so while allowing those against to maintain complete ownership.

“If we end up not going together at the same time, can we still extract the same level of revenue, and can we extract the same level of value?” he said.

“I think we can, but I’ve got to do the work to satisfy a recommendation that would ultimately go to the members and our board.”

The NASCAR world is paying tribute to Kyle Busch this weekend, and that includes some classy ones from two series in which the late driver had a lot of success.

While Busch — who passed away Thursday after “severe pneumonia [that] progressed into sepsis” — had been a full-time driver in NASCAR’s top series, the Cup Series, for more than 20 years, he still competed occasionally in both the O’Reilly Auto Parts Series and the Craftsman Truck Series.

He was especially known for his dominance in the Truck Series, winning 69 of his 184 races, and at one point owned a team. In fact, the final win of Busch’s career came just under a week before his death in a Truck Series race at Dover.

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On Friday, the Truck Series was in Charlotte as part of the Coca-Cola 600 weekend for a race that Busch was supposed to take part in.

NASCAR, RACING WORLD REACTS TO KYLE BUSCH’S SHOCKING DEATH AT 41: ‘CANNOT COMPREHEND THIS NEWS’

Corey Day was in the No. 7 Chevrolet for Spire Motorsports, the truck in which Busch took his final win, and it was set to start on pole after Friday’s qualifying was rained out.

Kyle Busch celebrates the final win of his NASCAR career at Dover Motor Speedway. (Photo by David Hahn/Icon Sportswire)

Before the race was set to begin on Friday evening, teams and fans held a moment of silence for Busch.

Unfortunately, the race never got underway and was postponed until Saturday morning and then again to Saturday night.

The O’Reilly Autoparts Series, which Busch raced in many times and won many times during his career, also took a moment to remember him before their race at Charlotte on Saturday.

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That race was also suspended due to rain.

There will be some heavy hearts on Sunday when the Coca-Cola 600, the NASCAR Cup Series’ longest race of the year, gets started at 6 p.m. ET.

While Kyle Busch was a legend in the NASCAR ranks, he was incredibly well respected throughout the world of motorsports.

That’s why one of Busch’s NASCAR numbers — the one I’d argue is most iconic — will make an appearance in the 110th Running of the Indianapolis 500.

Busch had a bunch of numbers across NASCAR’s three national series, but in the Cup Series, he used No. 5, No. 18 and No. 8.

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For many fans, No. 18 is the number they associate with Busch, as he used it for 15 years, including during both of his championship seasons.

NASCAR, RACING WORLD REACTS TO KYLE BUSCH’S SHOCKING DEATH AT 41: ‘CANNOT COMPREHEND THIS NEWS’

You can close your eyes and picture it on the side of those legendary M&M’s paint schemes.

Well, Sports Business Journal’s Adam Stern shared that Dale Coyne Racing, which runs the No. 18 Honda driven by Romain Grosjean, will display the classic No. 18 used on Busch’s car during his time with Joe Gibbs Racing in the Cup Series.

How about that tribute?

Of course, the numbers are typically trademarked, so as Stern reported, the idea — which came from Fox Sports IndyCar commentator Townsend Bell — required getting in touch with Joe Gibbs Racing.

Busch never raced in the Indy 500 or in the IndyCar Series; however, he did have a lot of success at the Indianapolis Motor Speedway in NASCAR.

NASCAR star Kyle Busch died on Thursday at just 41 years old. (James Gilbert/Getty Images)

His brother, retired NASCAR driver and former Cup Series champ, Kurt Busch, attempted double duty by competing in both the Indianapolis 500 and Coca-Cola 600 on the same day in 2014.

It’s a heck of a tribute from the folks at Dale Coyne Racing with an assist from JGR.

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And while I don’t want to play favorites, wouldn’t it be something to see that No. 18 in Victory Lane?

Grosjean will start Sunday’s race in 24th, which means he has some ground to make up, but anything can happen in the Indy 500.