Cricket Australia is facing a tough situation as New South Wales and Queensland have informed them that they’re not quite ready to give the green light on the proposed privatisation of the Big Bash League. This puts the board in a bit of a bind, as they need unanimous support from the states to move forward. Cricket Australia had set a deadline for all states to weigh in on whether they would support the next steps, which involve getting official valuations for the BBL franchises. The financial potential is huge, with earlier estimates suggesting that full privatisation could rake in between AU$600 million and AU$800 million. However, both New South Wales and Queensland are holding back their approval for now. Reports suggest that they’re looking for more clarity on several points of the proposal before making a final call. Despite this hesitation, NSW chief executive Lee Germon has made it clear that they’re still committed to the growth and success of the BBL. Also Read | IPL 2026: Ajinkya Rahane Fined ₹12 Lakh After CSK Loss – Here’s Why Germon has called on Cricket Australia to hit the brakes on their current push for privatisation, or at least consider exploring other models alongside it. NSW sees significant revenue opportunities in areas like ticket sales, sponsorships, and betting. However, the latter could be a contentious issue, especially with the Australian Government’s recent announcements about gambling reforms. Adding to the complexity, NSW’s position puts them at odds with Mike Baird, the CA chair, who is a strong advocate for privatisation and also represents NSW on the CA board. Meanwhile, NSW chair John Knox is a partner and local head of Ares Management, which owns a 49% stake in Trent Rockets in The Hundred and has representation on the franchise’s board. During last month’s meeting between CA and the states, which led to the current deadline, it was revealed that there is a possibility to move forward with the BBL’s privatisation even without unanimous agreement from all states.