Currently ranked number 1. the Indian test cricket team are set to get a bonanza of 500% fee hike. Indian cricketers have a central contract with the BCCI. As per the pending recommendations, The Committee of Administrators (COA) are set to increase the fees of Test cricketers 5 times the current fees.
This recommendation was pending for a long time due to the ongoing battle between BCCI and Supreme Court.
This proposal has been pending since the series against New Zealand. BCCI’s Anti-Corruption Unit (ACU) is supporting the hike by saying, “This may reduce the chances of bookies targeting frustrated players for the lure of big bucks."
“The money our top players make from BCCI contracts isn’t in sync with what other players fringe players earn,” a BCCI top official told DNA on Wednesday.
"We want to send a signal to our top players that Test cricket is still our priority," the BCCI official concluded.
The fee structure was earlier improved last year but recently many cricketers have shown concern regarding the difference in pay of Test cricketers and T20. Mostly due to growing popularity of T20 leagues.
Doubling of the match fees by the BCCI is among the most the positive statements in favour of Test cricket. It was overdue
— Sambit Bal (@sambitbal) October 1, 2016
Experienced players like Cheteshwar Pujara were earning less than someone like Pawan Negi due to IPL contract. This move will remove the rift between players Pujara and Ishant Sharma are not bothered by their IPL snubs.
“With the new COA in place, the players once again put forth their view. Similarly, even the support staff – excluding head coach Anil Kumble – have been demanding a hike because they haven’t got one since they came on board in 2013,” added the official.
Some big names in the team like Virat Kohli and MS Dhoni earn millions from endorsement deals, on the other hand, the remaining Indian cricketers rely mostly on the contract they have with the BCCI.
After the implementation of this proposal the Grade A cricketers, who are currently on a Rs 1 crore contract, will earn Rs 5 crore per annum. Grade B cricketers, who currently earn Rs 60 lakh per annum, will earn Rs 2 crore per annum. Grade C cricketers, who are currently on Rs 35 lakhs per year, will earn Rs 1 crore per annum.