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Trinidad and Tobago will host the next three finals of the Caribbean Premier League (CPL) cricket competition after the government agreed to spend TT$20 million (US$3 million) for that right. The 2018 season is scheduled to run from 8 August to 16 September.
The government, according to a Ministry of Sports and Youth Affairs release, will pay half that sum in cash and the rest in kind, which includes the use of local services like the Brian Lara Stadium in Tarouba, ground transport, hotel, police and fire services with a cap of TT$3.5 million per year.
TKR won by four wickets, finishing with 161 for 6 in the highest run chase of the season.
(Courtesy Sean Morrison/Wired868)
The cost of hosting the CPL final, which is US$1 million per year, exceeds the initial estimate of US$850,000 in one daily newspaper earlier this year. However, the MSYA pointed out that it is much cheaper than the 2015 final, which supposedly cost taxpayers TT$24 million.
The release stated that the 2017 CPL final, which was won by the Trinbago Knight Riders, raked in TT$23 million in revenue for the country and attracted 37.6 million viewers worldwide.
Sport Minister Darryl Smith said the government’s outlay to clinch the CPL hosting rights was part of a broader “sport tourism” drive.
“2017 saw the best finals ever and to top it all off, the Trinbago Knight Riders won at home at the brand new Brian Lara Cricket Academy (BLCA).” said Smith. “We have built a great relationship with the CPL and cricket fans across the world can expect a great product of high-level excitement and entertainment, just as they did in 2017.”
Trinidad and Tobago hosted the CONCACAF Women’s Under-20 competition in January and the Badminton Continental Team Championships last month. The MYSA also anticipates that the Caribbean International Open Combat Sports Championships and Carifta Championship will be held on these shores later this year.
(Courtesy Sean Morrison/Wired868)
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MR J WE CANT GET IT RIGHT WITH NORMAL TOURISM…U THINK WE WILL GET IT WITH SPORTS
It is my hope that we do, and being the Patriot that I am, fingers crossed.
This the only country where the stadium is full for every game so yeah plus we will make a nice piece of cream
That cricket will bring in a lot of money to the country
No money for health drugs…..sigh
Now all off are sudden we have money!
Sports Tourism is the way to go to bring in much needed visitors to these shores which in turn would boost the dwindling foreign exchange earnings. Hotels would be fully booked and there would be an increase in commercial activity.
cricket lovely cricket blue sky gentle breeze champions champions champions
Is the only place to have the finals, NO other Caribbean country have this kind of action.
Great, the impact on tourism and the country advertisement will be greatly enhanced.
It takes money to make money and this is a massive international commercial opportunity which I hope that can be capitalized on culturally etc.
Lovely
Them Caribbean country will cuss
Great opportunity here for tourism. Opportunity to build packages combining day trips to Tobago and other events. Easy targets of diaspora in North America and Caribbean region.
In what hotel ?
I would think the first question would be, how they getting there?
We would hope the air and sea bridge would be regularised by then, but….
Kirwin day trips so hotel would not necessarily be a factor
Nerisha I am being positive about the opportunity. If you know about an event 1 year in advance and confirmation that it will happen each year you can work the CAL for instance for additional capacity. As I said great opportunity. What we do with it is a different thing