West Indies Cricket Fans Forum
India hands massive hike in cricket player fees with new retainer structure
“The CoA (Committee of Administrators) was of the view that the performance and position of Indian Cricket needs to be recognised with the fee structure comparable to the best in the world,” the BCCI said in a statement on Wednesday.
Last year, senior players expressed dissatisfaction with the pay rises they received, leading Vinod Rai, head of the Supreme Court-appointed CoA, to announce that a further hike would be considered for the current season.
The world’s richest cricket board handed seven players Grade A contracts this season, including former captain M.S. Dhoni, all-rounder Ravindra Jadeja and batsman Ajinkya Rahane, who will receive 50 million Indian rupees each.
Top Indian cricketers also receive a match fee for each international appearance and many benefit from playing in the lucrative Indian Premier League (IPL).
Grade B players, including fast bowler Ishant Sharma and all-rounder Hardik Pandya, will earn 30 million Indian rupees each while Grade C players will receive 10 million Indian rupees each.
The CoA, which supervises the operations of the BCCI, said that it had sanctioned the creation of a Players Revenue/ Compensation Equalization Fund (PR/CEF) to insulate player compensation.
The BCCI will contribute approximately 1.25 billion Indian rupees per annum to the fund.
When you subscribe to the blog, we will send you an e-mail when there are new updates on the site so you wouldn't miss them.
About the author
Guyana Diaspora Forum
We have a large database of Guyanese worldwide. Most of our readers are in the USA, Canada, and the UK. Our Blog and Newsletter would not only carry articles and videos on Guyana, but also other articles on a wide range of subjects that may be of interest to our readers in over 200 countries, many of them non-Guyanese We hope that you like our selections.
It is estimated that over one million Guyanese, when counting their dependents, live outside of Guyana. This exceeds the population of Guyana, which is now about 750,000. Many left early in the 50’s and 60’s while others went with the next wave in the 70’s and 80’s. The latest wave left over the last 20 years. This outflow of Guyanese, therefore, covers some three generations. This outflow still continues today, where over 80 % of U.G. graduates now leave after graduating. We hope this changes, and soon.
Guyanese, like most others, try to keep their culture and pass it on to their children and grandchildren. The problem has been that many Guyanese have not looked back, or if they did it was only fleetingly. This means that the younger generations and those who left at an early age know very little about Guyana since many have not visited the country. Also, if they do get information about Guyana, it is usually negative and thus the cycle of non-interest is cultivated.
This Guyana Diaspora Online Forum , along with its monthly newsletter, aims at bringing Guyanese together to support positive news, increase travel and tourism in Guyana and, in general, foster the birth of a new Guyana, which has already begun notwithstanding the negative news that grabs the headlines. As the editor and manager of the publication, I am committed to delivering Blog entries and Newsletters that are politically balanced, and focused on the positive ideas we wish to share and foster among Guyanese.
| ||||
