Nine secures international cricket rights, Ten gets Big Bash

The Nine Network has secured a deal with the WIN Corporation that will help the TV network ensure it matches rival Ten’s aggressive $500m bid for the cricket rights and retains the important sport franchise it has held for 32 years.

Mumbrella understands the final deal sees the Nine network spending $400m over five years to retain the international cricket rights, with an additional $50m contra advertising deal, while Ten will take a consolation prize in the Big Bash League and domestic cricket for $100m.

The deal is a major rise in the price tag for the sport. Under the current seven year deal Nine pays $45m a year for the sport.

The move is the first big strategic move by new Ten CEO Hamish McLennan who has argued the network needs sports as a means of cross promoting its other content.

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