The board will continue to offer international players 12-month contracts, but domestic players will now receive retainers covering seven months. CWI has also suspended the men's Super50 and women's T20 Blaze for this season, with the board seeking to reduce the cost of running domestic cricket.
"We appreciate the spirit of cooperation of the West Indies Players' Association and the players who have demonstrated their understanding of the circumstances we all face. While not ideal, it is a necessary step towards financial stability," Dehring said in a statement.
According to Dehring, CWI currently covers expenses ranging from salaries and match fees to air travel, accommodation and tournament operations across its domestic and development programmes.
Dehring added that domestic travel has placed a considerable burden on CWI, saying the board had spent more than US$80 million with domestic airlines over the past 15 years.
Super50 and T20 Blaze suspended, replacement tournaments announced
There is another dimension to the restructuring. The Caribbean's cricketing system is made up of several independent nations that compete together as West Indies at international level, while individual countries can also pursue opportunities in multi-sport events.
The top four finishers from the 2025-26 Super50 and T20 Blaze have already secured places for the respective Pan American Games events. CWI will now introduce separate qualification tournaments for the 2028 Olympics, with the participating national boards responsible for their own costs.
"These replacement tournaments will be by invitation to the 10 countries" - Chris Dehring
Dehring said the new competitions will bring the individual Caribbean nations into a different structure as they pursue Olympic qualification.
Under the new arrangement, national cricket and Olympic associations, governments and private-sector partners will have a greater role in funding participation.
Also Read: Watch: Virat Kohli and Shubman Gill share a funny moment ahead of 1st ODI vs West Indies
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