CSA announces new T20 competition

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Cricket South Africa has announced the establishment of a new franchise-based T20 event in collaboration with SuperSport.
The competition will be held for the first time in January 2023, following South Africa's tour of Australia. January has been designated as a special timeframe for future editions.
According to a press release from the CSA, the competition will include international players, with a player auction to be held at a later date. Each team will be allowed to use a maximum of four foreign players in their starting XI.

A new company formed by CSA and SuperSport will manage the tournament.
"The company is looking at a very attractive player salary bill per team that will rival other leagues around the world outside of the IPL," the release said.
Six privately owned teams will compete in the event, which will be played twice in a round-robin format before the top three teams advance to the playoffs. Over the course of three to four weeks, 33 matches will be contested.
"We are excited by the formation of something this fresh and invigorating, which also offers the opportunity for private investment into the franchises. CSA has already received interest from a number of potential local and international investors," CSA CEO Pholetsi Moseki said.
"We are delighted to invest in a product that will change the face of South African cricket. There is an early-year gap in the calendar, so the timing is ideal." Marc Jury, the CEO of SuperSport, said.