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Cricket Australia has announced there has been no agreement on a pay deal between them and the players.

It leaves the players, as of midnight Friday, unemployed.

Cricket Australia confirmed the news in a media statement on Friday afternoon, saying there was no deal with the Australian Cricketers' Association.

"CA has been disappointed by the ACA’s unwillingness to consider the sensible and necessary change CA has proposed to the fixed share of revenue player payments model," they said in a statement.

"The model was adopted 20 years ago to address the underpayment of players. The game has changed fundamentally since then: players are now justifiably well rewarded and the modern challenge is the chronic under-funding of the grassroots of the game, particularly junior cricket."

Former Australian cricketer Simon Katich expressed his discontent.

"The players are Cricket Australia’s biggest assets and it’s a shame that they’re putting them in this position at the moment," he told Fox Sports earlier on Friday.

"What sort of employer does that to their employees?"

It puts Australia's cricketing future under a cloud, most notably an Australia A tour to South Africa in July.