Cricket South Africa (CSA), on Wednesday, announced that the players who were to play in the inaugural 2017 edition of the T20 Global League will get compensation with the effect of postponing the tournament.

The Board of Directors of CSA has decided to postpone the T20 Global League to 2018 in a meeting on October 10, 2017.

The tournament was slated to start in November, but CSA’s failure in securing a broadcast deal, the tournament moved to next year, but players will get their match fees for the loss of earnings that they have had earn by playing in the T20 League.

South African Cricketers’ Association (SACA) and CSA have reached an agreement to pay compensation to the contracted players in three installments between December 2017 and April 2018.

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As per IOL, the South African players will get 60 percent of their draft fees, while International players will get 50 percent of their contract amounts, although CSA has yet to officially announce the figure.

According to a report in eNCA.com, CSA Acting Chief Executive Thabang Moroe said, “I would like to thank SACA for the amicable manner in which this issue was settled in the best interests of South African cricket and the sustainability of its development and international cricket programmes. The settlement will help bridge the gap between player expectation and the disappointment of having to postpone the league.”

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Meanwhile, Tony Irish, chief executive of SACA, said, “This was an issue affecting 138 South African and foreign players and we’re very happy that we’ve been able to resolve it for all of them. The settlement is both fair and responsible and has been well received by the players. I would like to thank Cricket South Africa for its role in ensuring this outcome.”

It is also learned that the total of R93 million was spent on players’ draft for the tournament.