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News Article

USAC–ACE settlement marks pivotal reset after years of turmoil

USA Cricket and American Cricket Enterprises appear close to ending their long and bitter standoff, with a proposed settlement offering financial stability and a path toward restored governance. The agreement would provide more than $1.1 million in funding from ACE, reinstating the Major League Cricket owners as USAC’s commercial partner under the original 2019 deal. The dispute, which escalated sharply in 2025, stemmed from years of internal conflict involving former chairman Venu Pisike and disagreements over the long‑form contract.

The crisis deepened when the ICC suspended USAC for governance failures, followed by USAC’s attempt to terminate the ACE agreement and its subsequent bankruptcy filing. In early 2026, a bankruptcy court removed the board and installed a trustee, shifting negotiations and enabling this settlement. If approved, the ICC is expected to oversee a transitional governance model with appointed directors and delayed elections. After repeated false starts, American cricket faces a crucial turning point.

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