Melbourne, Oct. 30 -- Cricket Australia (CA) chief executive Todd Greenberg has cautioned about the peril of not paying Australia's top male cricketers adequately in the coming years, as the board tries to protect them from the lure of lucrative franchise leagues. CA is dealing with a number of uncomfortable financial cuts in a year they announced AUD 11.3 million deficit, as per ESPNcricinfo.

CA held its annual general meeting in Melbourne on Thursday, where Greenberg and CA chair Mike Baird addressed stakeholders from across the country. They clarified that the financial loss had been anticipated well in advance and was not a surprise, despite hosting the high-profile Border-Gavaskar series last season. Both officials expressed confide...