Huge pay packet awaits domestic cricketers

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The Board of Control for India (BCCI) announced that match fees of domestic cricketers for the financial year ending March 2007 would be inthe order of Rs. 25000 per day. More... Players to make Rs 1 lakh-plus per domestic game; BCCI net at Rs 231.64 cr Huge pay packet awaits domestic cricketers Anand Vasu August 20, 2007 The Indian board has announced that domestic cricketers' match fees for the financial year ending March 2007 would be in the order of Rs. 25000 per day. While this is being interpreted as a reaction to the exodus of players to the Indian Cricket League, it is merely the routine revision that the BCCI announces at the end of each financial year. According to the BCCI constitution, 10.5 per cent of the board's gross receipts has to be spent on the payment of wages of domestic cricketers. Accordingly, whenever the board's revenues increase, the wages of domestic cricketers, and international cricketers, increases proportionately. The finance committee of the BCCI met, under the chairmanship of Sudhir Nanavati, in Mumbai to finalise the accounts for the financial year ending March 31, 2007. The committee found that the BCCI had a surplus of Rs 231.64 crore. This correlated to a per day payment of approximately Rs. 25000 for domestic cricket. Players have already been paid a cash advance of Rs 4000 per day (Rs 16000 per four-day Ranji trophy match) and the remainder would be paid retrospectively. This means that a player now stands to make Rs 1 lakh -plus per domestic match. The board has also recommended that the cash component - paid in advance - be increased to Rs. 10000. What's more, from this year onwards the payment could go up to Rs 35000 per playing day, if sources close to the finance committee are to be believed. This encompasses senior domestic tournaments like the Ranji Trophy, the Duleep Trophy, the Irani Trophy, the all-star series for the Deodhar Trophy, the Challenger Series for the NKP Salve Trophy and the Premier Cup one-day matches (Ranji one-dayers). The standard practice of the board is to pay a cash component, as allowance during matches (previously Rs. 4000 per day, set to go up to Rs. 10000 per day) and then pay the remainder retrospectively, at the end of the financial year, once the balance sheet is finalised. "These are the projected figures and linked to the gross receipts for a year," said Niranjan Shah, secretary of the BCCI. "It's the prerogative of the working committee to make recommendations to AGM." Anand Vasu is associate editor of Cricinfo

[beetle]

:two_thumbs_up:

[Chandan]

:two_thumbs_up:

No need to be happy because it all is plain and simple lie!! BCCI has NEVER fulfilled any of its promises (website? anyone?)! Haathi ke daant dikhane ke aur, khane ke aur!

[beetle]

No need to be happy because it all is plain and simple lie!! BCCI has NEVER fulfilled any of its promises (website? anyone?)! Haathi ke daant dikhane ke aur, khane ke aur!

I wonder if they have paid the team for the last 8-9 months that was due..... ab interest ke saath dena hoga...:D

[Chandan]

They won't give anything. This is one reason why many are considering playing for ICL.

[beetle]

Nah! ...I think BCCI will seriously look to loosen the purse strings for a while. At least till this threat looms large. They have realised that they are in trouble ...and when their very position is threatened they will cough up the money.I have no doubt . And they do have lots of thatgreen stuff that the fight is all about. :wink_smile:

[King Tendulkar]

ICL has shook up BCCI. They have competition and need to up ther standards in every respect including pay

[coverpoint]

ICL has shook up BCCI. They have competition and need to up ther standards in every respect including pay

When there is a monopoly the quality and service will be horrible. You can see the difference in India's public sector as the economy got opened up. ICL being successful is critical for Indian cricket, this wont only help the current cricketers but would improve the quality of cricket for the future. More money into coaching and training from the grass roots etc

[yoda]

looks like their main goal is to stop more people from defecting. once all the signings are announced for this season, i expect them to backtrack.

[Gaurav]

BBC-

Meanwhile the BCCI says it will increase fees for domestic cricketers by 20%, but insists the threat of the ICL is not the reason for the rise.

Yeah right :hysterical:

[Guest BossBhai]

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