100 contracted players have not been paid since April of this year, when Sri Lanka co-hosted the World Cup together with India and Bangladesh.
The sport’s body’s inability to pay is down to the large amount of debt they are in, due to the capital expenditure on the recent World Cup.
There are currently doubts as to whether the SLC would be able to play their cricketers their salaries for the next two months.
“There is a truth in those media reports to a certain extent,” SLC chairman Upali Dharmadasa told BBC Sinhala.
But he assured that the SLC will repay the debt as soon as they receive the remaining payments from the International Cricket Council (ICC) for hosting the World Cup.
“The ICC still owes us $4-5m (£2.5- £3.1m),” he added.