Players chief Tim May has criticised the "unacceptable" behaviour of the Australian, Indian and South African boards after revealing that Champions League prize money totalling 6million Australian Dollars had yet to be paid.
The second edition of the flagship Twenty20 tournament featured sides from all three countries - whose administrators run the event - as well as the champions of New Zealand, Sri Lanka and the West Indies.
It concluded in September, with IPL side Chennai Super Kings victorious, but May says the players' contracts have not yet been fulfilled.
Former Australia spinner May, who now acts as the Federation of International Cricketers' Associations chief executive, said: "We are increasingly frustrated and disappointed that the prize money still has not been paid by the organisers to teams and players.
"Despite numerous requests for clarification of when the prize money is to be paid we continue to be met with a lack of certainty as to the timing of payment and a general lack of regard to the players' concerns."
May said his latest communications with Champions League organisers indicated the payments could be made in early February, but he remains dissatisfied with the delay.
"Players are like anyone else in the community, they have financial commitments and families to provide for, and they expect to be paid in a timely manner," he said.
"It's simply unacceptable that three of the most financially affluent cricket boards in the world can seemingly sit on their hands for four months with no apparent sense of obligation to pay this prize money in a timely manner.
"It reflects poorly not only on CLT20 but the cricket boards concerned, that not only have the players not yet been paid, but also that the boards have failed to have the common courtesy to communicate direct to players as to why this delay of payment exists.
"FICA and other player associations still await definitive confirmation as to when the prize money and participation fees will be paid, and in the meantime, we will be assessing our various options regarding recovery of these outstanding amounts for the 2010 event should the monies not be received within the next couple of weeks."
The news has no effect on English county sides, who were ruled out of participation in the tournament after it was slated to clash with the end of their domestic season.