New Zealand Cricket Board is said to have has annulled the contract with Neo Sports, alleging non-payment of the first instalment that was agreed upon in February last year. The board did not respond to queries from HT . However, a senior Neo Sports executive said on condition of anonymity that the deal was called off after the New Zealand board failed to submit details of events and those related to the sharing of associated advertising revenues that were agreed upon.It is, however, still not clear whether the cancellation involves broadcast rights only for this series or the whole contract of seven years.
