Cricket Australia (CA) is reassessing its approach to private investment in the Big Bash League (BBL) after Queensland Cricket announced its rejection of a privatisation proposal, joining New South Wales in opposition. This decision came after Queensland Cricket's board deliberated on the implications of selling stakes in BBL clubs, including the Brisbane Heat. They expressed a desire to collaborate with CA to enhance the BBL's growth without compromising ownership. CA's chief executive, Todd Greenberg, acknowledged the challenge of finding a consensus among the six states, each with differing views on private capital. While NSW proposes self-funding through increased wagering revenue, Queensland remains skeptical about private investment. The BBL's current salary cap limits player earnings, with no Australian player making over Aus$400,000 per season, compared to overseas leagues where players earn significantly more. Greenberg highlighted the risk of losing local talent to international franchises if player payments do not increase. CA is now considering a hybrid model of privatisation, similar to South Australia's suggestion, while maintaining control over the league and its players. The BBL is expected to remain in its current format until the 2026-27 season, with plans for private investment by 2027-28.