Cricket Australia today announced an unprecedented USD 570 million deal with free-to-air television networks Nine and Ten to broadcast the sport -- a 118 percent increase on the previous five-year contract.
Channel Nine, featuring veteran cricket commentator Richie Benaud, will continue to show Australian home Test and one-day matches as it has done for more than 30 years.
The network had been in danger of losing the sport after Channel Ten reportedly offered Cricket Australia Aus$500 million for coverage rights for the next five years.
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"There was never any doubt that Channel Nine was not going to get the cricket," Nine chief executive David Gyngell said.
Under the new deals, rival Ten will broadcast Australia's Twenty20 competition, the Big Bash League.
"The Twenty20 Big Bash League is a great competition and Ten and Cricket Australia will make it a major free-to-air television event," Ten chief executive Hamish McLennan said.