"We have not come to this decision lightly", commented Moroe at the announcement. Pietersen, Morgan and Jason Roy had signed separate contracts outside the draft as overseas global icon players for fees believed to be around £200,000 that included the use of image rights to promote the tournament, which was due to begin on Dec 3.
Moroe stated that the various franchise owners were in complete support of the decision of postponement. Lorgat had been considered the mastermind of the T20 Global League product.
"The Durban Qalandars would like to pledge its commitment to the league and would like to reiterate that we will be back in South Africa for the start next year", said franchise owner Fawad Rana.
Last Friday, Moroe had insisted that the tournament would go ahead as planned.
It's National Fire Prevention Week
Such a plan includes working smoke alarms on every level of the home, in every bedroom and near all sleeping areas. You can go here to find out how to develop your own home escape plan.
Just two weeks ago, CSA and their CEO Haroon Lorgat parted ways. "This league will be delivered", he asserted.
Both him and president Chris Nenzani gave the assurance that the tournament will commence on November 3 and that the team owners are committed to their investments. The biggest concern with cricket experts was that its financial viability was in doubt since the beginning, because no broadcasting deal has been signed while no official main sponsor could be found.
South African television channel SuperSport were thought to be close to an agreement with Cricket SA but that could not be reached. However, after lots of questions arose about the tournament, pressure mounted on the former CEO.
The CSA had reserved six weeks in the peak of summer, but this postponement means that there will be no domestic or global action for that period.
Cricket South Africa launched its new T20 Global League in London on 19 June 2017.
Oil prices stable as OPEC says market is rebalancing
The price of Brent crude oil is now trading around $57.00 a barrel, having risen from six-month lows below $45 a barrel in June. Oil has found support from the deal but, trading below $57 a barrel on Wednesday, crude is still half its mid-2014 level.
Federation Ship Banned for Breaking North Korea Sanctions
Estimates say that North Korea exports about $3bn worth of goods each year - and the sanctions could eliminate $1bn of that trade. The UN expanded sanctions last month after the sixth and largest nuclear test made by North Korea.
Tom Brady Returns To Patriots Practice
Aside from fielding questions about his health, Brady also raved about the season wide receiver Danny Amendola is having. The quarterback hit total is the most he'd ever been hit in his first five games of a season.
England in top tier of new UEFA Nations League
Starting next year, there will be four leagues, with each country placed in a division rated on their level. The next edition of the competition, with relegation and promotions taken into account, will begin in 2020.
Sears Canada to Seek Court Approval for Liquidation
Executive chairman Brandon Stranzl had been working on a bid to save the company but has so far been unsuccessful. However, on Tuesday, the retailer said that "following exhaustive efforts, no viable transaction" was received.