Interim CSA CEO Thabang Moroe says they discussed taking such a drastic decision with the franchise owners and that a re-assessment of their strategy dictated that postponing the competition is the best option. 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.
The franchise owners, according to the CSA statement, are in support of the decision.
"Having discussed it with all our stakeholders including the franchise owners, we believe that the interest of the league should be our first priority". Lorgat had been considered the mastermind of the T20 Global League product.
Last Friday, Moroe had insisted that the tournament would go ahead as planned.
However, the League is still looking for a title sponsor, while no broadcast deals have so far been established. If we are going to deliver a league that takes away from that, it would be irresponsible.
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"I think it will be necessary for CSA to appoint its own independent review into what has actually transpired here as there are significant implications across South African cricket".
The announcement followed the news two weeks ago that then-CEO Haroon Lorgat, considered the mastermind behind the Global League, had stepped down.
Moroe added the T20 Global League needs to be made stronger before it is launched. The amount accounts for over half of CSA's current cash reserves.
"At this time, we also wish to thank all the players, sponsors, broadcast partners, SACA (South African Cricketers Association) and FICA (Federation of International Cricketers) who have committed to the project".
After South Africa's upcoming four-day match against Zimbabwe, there is a chance that the country won't enjoy any cricket between October and December.
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