Cricket Australia is reportedly close to a deal with FOX Sports over broadcasting rights, but is facing an independent arbitrator in its stand-off with Seven Network, or alternatively proceeding to the Supreme Court.
Media reports claim CA has reached a fork in the road as to how to resolve the crisis with Seven.
Ongoing reports suggest Seven’s ultimate objective remains to try and blow up the entirety of their $450 million TV rights deal and get out of cricket, or at the very least, the Big Bash.
But CA is confident that force majeure covers them for this summer.
CA is also starting to think that being terminated by Seven, or choosing to terminate the network themselves might not be the worst outcome, even if it does mean accepting a reduced rights deal with Nine or 10.
CA could seek an injunction to stop the tribunal giving a value assessment on this summer’s rights or even sue Seven for breach of contract. But Seven have their own claims of contract breaches.
Both NRL and AFL agreed to contract adjustments with Free to Air and Subscription broadcasters following upheaval to 2020 fixtures due to the pandemic.
Source: The Chronicle