USA Cricket, the national governing body for the sport, filed for financial reorganization under Chapter 11, Subchapter V of the U.S. Bankruptcy Code on Wednesday.

 

CEO Johnathan Atkeison said the move will give the organization time to stabilize finances, address concerns raised by the International Cricket Council (ICC), and protect the future of the game in the United States. Atkeison, who joined in 2024, previously helped USA Rugby through a similar restructuring.

 

USA Cricket cited its troubled partnership with American Cricket Enterprises (ACE) as a major reason for the filing. The board terminated its 50-year agreement with ACE in August, accusing the company of failing to honor financial commitments, withholding payments, and blocking sponsorship and broadcast opportunities.

 

The body also accused ACE of failing to deliver promised infrastructure, noting that the company committed to building six ICC-grade stadiums by 2025 but completed only one.

 

General Counsel Corey MacDonald said ACE used its financial strength to pressure USA Cricket. “We have been forced into bankruptcy protections because ACE has weaponized its financial muscle to frustrate our ability to govern the sport,” he said.

 

Atkeison added that the Chapter 11 filing will help USA Cricket fix contracts, reorganize finances, and pursue governance reforms with a long-term focus on the LA 2028 Olympics.

 

Earlier, on 23 September 2025, the ICC suspended USA Cricket’s membership for repeated breaches of the ICC Constitution, including failure to establish a functional governance structure and lack of progress toward recognition by the U.S. Olympic and Paralympic Committee.

 

The suspension does not bar U.S. teams from competing in ICC events. The ICC has temporarily taken charge of national teams management to protect player interests and ensure continuity during the reorganization.