Channel Nine wins rights to broadcast international cricket in Oz for next five years

Sydney, June 3 (ANI): Channel Nine has retained the rights to broadcast international cricket in Australia for the next five years.

Channel Nine will pay 450 million dollars in cash and contra advertising to televise home international matches between November and February in the richest television agreement in cricket's history.

According to the Age, Channel Nine won the deal over Network Ten by exercising its last-rights privilege from its previous contract with Cricket Australia.

The new deal will be formally announced by Cricket Australia in Melbourne on Tuesday afternoon. (ANI)