Stanford to dole out US$2M

A release from event managers, Kelly Holding, said Stanford plans to begin the disbursement of US$2,185,000 in the first week of January.

The US$1 million winner take-it-all competition will take place next year at the Stanford Cricket Ground here and will be followed by a Stanford Super Star Series when a Caribbean team will play two matches against two international sides for a purse worth US$5 million.

Stanford hosted a meeting in St Kitts on Tuesday with his board of directors, comprising 14 Windies cricket legends, "to agree on exactly how much each cricket board will be given in this first installment," a statement said. "The amount of funding given to each country will be determined based on the content of the plans that each cricket board has submitted to the organising committee and the reports and recommendations from the legends," it added.

Each legend has "adopted" at least one of the 19 countries, and acts as adviser to the local cricket boards and a liaison between the tournament’s organising committee.

The legends will also travel regularly to the jurisdiction to view the progress of the teams and offer any assistance necessary. To date, all but three of the countries have been visited at least once by their legends.

The disbursements to the 19 participating local cricket boards comprises US$100,000 for the development of facilities, US$5,000 for the upkeep of the facilities and US$10,000 for coaching and player development.