A groundbreaking new partnership for New Zealand Cricket, in an effort to keep the country's top players from joining other global T20 franchises. 

New Zealand Cricket have joined forces with the financial backers of a new franchise in North America's Major League Cricket - a competition that has a value of at least $200 million. 

The move could help keep leading players and coaches in the Black Caps set-up, instead of becoming global T20 freelancers. 

CEO Scott Weenink told Mike Hosking they're taking a two-pronged approach. 

He says this presents an opportunity to diversify their revenue streams into the most lucrative global sporting market, while also creating opportunities for their high performance staff and players.   

The new team —which is yet to be formally named or have their location confirmed— will debut in the 2027 season. 

LISTEN ABOVE