Contracts:What BCCI wants

[Holysmoke]

NEW DELHI, May 4 2007 - The Indian cricket board?s unwillingness to share the 26 per cent of their revenue has forced the cricketers not to sign the annual contracts given to them. More than one player told SportsCenter, ESPN?s DAILY NEWS MAGAZINE SHOW, that they are peeved at the board?s reluctance to part with what can be a substantial amount. The contract offered to them, a copy of which is with SportsCenter, doesn?t include any revenue-sharing clause. It only offers a retainership of Rs.10 lakh to each player and Rs.5 lakh as the signing amount. Besides, the Schedule A on page 25 of this 38-page contract details the payment structure for the players. For each test-match, the players will get a match fee of Rs.2.5 lakh per head as match fee and Rs.1.5 lakh per ODI. Interestingly, the Part II of this Schedule A, which is titled Tour Payment also talks about players getting Rs.50,000 for each test-match and Rs.30,000 per ODI or Twenty20 game. Furthermore, the board has also allocated 30% of this amount to the players who have played at least 75 Tests or 250 One-day Internationals. This percentage drops to 20% for players who have 50 Tests or 150 One-day Internationals to their name. The final rung has the players who have played 30 Tests or 90 One-day Internationals getting 10 per cent over and above the match fee and ?Tour Payment?. Keeping the performance oriented clause alive the team will earn Rs.50 lakh for a One-day series win in India. According to the Schedule C of this contract, the series has to constitute at least five matches. For a Test series win in India the team will get richer by Rs.75 lakh. With a view to encourage players for a better performance on foreign soil, the BCCI has offered them Rs.1 crore 20 lakh for a test series win and Rs.75 lakh for an ODI series win. In the same vein a Test win overseas will fetch each team member 5.5 lakh rupees as compared to 4.5 lakh for a win on home soil. An ODI win in India or abroad will leave each team member richer by Rs.2.5 lakh. The reserve players get exactly half of this amount for each of these wins. The players are not too pleased with this figure. They claim that the major chunk of their income is the revenue they share with the board. Just as an instance, BCCI?s latest annual latest balance sheet (ending March 31, 2006), a copy of which is also with SportsCenter, shows that the board owes a whopping Rs.1,086,053,062 (Rs.108 crores approx.) to the players. Besides, the contract has some bizarre clauses. For instance clause number 5.1.2 on page number 9 says, ?the player shall be entitled to have any sponsor of his own, irrespective of the same being a competitor of the BCCI sponsor, the player agrees and undertakes that all times while representing the BCCI [...] he shall wear the BCCI?s sponsors logo and shall not do anything directly or indirectly that constitutes a player endorsement for a competitor of the BCCI sponsor?.? This in effect means that while the players can enter into a contract with the rivals of the BCCI?s sponsors but can?t sport the logo of these corporates on their bats. ?Having a sticker on our bats is one major source of income for any player, how can the BCCI restrict us from exploiting it?? said a player. While a player can?t get into more than three endorsement contracts the BCCI, according to clause 4.2.1 on page 8, can use the entire team for up to 10 appearances in a year for commercial interests of BCCI sponsors. Another strange clause is 5.2.1 (ii) which says, ?The player agrees to submit to a person nominated from time to time by the BCCI for prior written approval details of the third party with whom the player intends to enter a player endorsement agreement.? This means that the player has to divulge the sensitive details of his personal contract which also hurts the corporate involved in this case because it may be a competitor to the BCCI sponsor and the later might just exploit his information. source = espnstar.com

[beetle]

Re: Contracts:What BCCI wants >>>Another strange clause is 5.2.1 (ii) which says, “The player agrees to submit to a person nominated from time to time by the BCCI for prior written approval details of the third party with whom the player intends to enter a player endorsement agreement.” This means that the player has to divulge the sensitive details of his personal contract which also hurts the corporate involved in this case because it may be a competitor to the BCCI sponsor and the later might just exploit his information. This is a Must......we don't want pitch hoggers.....we want performers.

[Ram]

Re: Contracts:What BCCI wants The players should not sign the contract in the current form. I dunno how the BCCI came to the conclusion that sponsor commitments can actually affect the performance of a player. Unless this statement can be verified , nobody should buy this shit from BCCI.