Cricket Australia says Shane Warne and Sachin Tendulkar's plan to start a new Twenty20 competition for former international stars could help promote the sport globally.
News Corp reports Warne and Tendulkar have offered 28 big-name ex-international players contracts worth around $30,000 a match to play in a worldwide tournament, the Cricket All Stars League.
Among those understood to have been contacted are Australians Brett Lee, Ricky Ponting, Adam Gilchrist and Glenn McGrath, along with Englishmen Michael Vaughan and Andrew Flintoff and South African Jacques Kallis.
Cricket Australia and the International Cricket Council said they had not been advised of the venture, but a CA spokesman told AAP it could be a positive way to promote and grow the game in new or emerging markets - as long as it didn't poach contracted international players.
Lee's manager Neil Maxwell confirmed his client had received an offer and would be seeking permission from CA to play.