The Indian Cricketers’ Salaries system is divided into three class A, B, and C respectively. The grading system is especially for the players who perform well and can be promoted or demoted on the basis of their performance.
Recently, the Committee of Administrators (CoA) has finalized the annual contracts of the Indian players for the period which started from October 2016. BCCI has promoted the players like Cheteshwar Pujara, Ravindra Jadeja, and Murali Vijay to Grade A. The Indian board has also increased the match fees for Tests, One-Day Internationals (ODIs) and Twenty20 Internationals.
According to the new salary system, the Indian cricketers will now get Rs 15 lakhs per Test, Rs 6 lakhs per ODI and Rs 3 lakhs for T20 Internationals. The Grade A players will now be paid Rs 2 crore per annum, Grade B will be paid Rs 1 crore per annum and the Grade C players will get Rs 50 lakhs per annum. These figures are exactly double of the previous year contract of the players.
These changes have come into effect from Oct 1, 2016.
Despite the fact that Suresh Raina had played for India after October 1, 2016, still didn’t qualify in the 32-member list. Harbhajan Singh and Gautam Gambhir are not on the list as they have played before the said date, from which the contracts are to come into effect.
Calculations of the salaries of Indian cricketers:
Match Fee: Every cricketer who plays an international match for a nation is provided with the match fee. Match fee is the same for all the squad members.
Team Performance Bonuses: Performance Rewards are given by the BCCI to the individual cricketers if they score a Fifty or a hundred against the top 3 ranking teams in the world. The Hike is 30-60% in their overall salary.
Retainer Fee: Retain Fee is guaranteed yearly retainer which will be paid to all cricketers in the central contract according to their category.
Individual Performance Bonuses: Performance related bonuses are also rewarded for example Rs 500,000 for scoring a hundred in test or ODI, Rs Rs 700,000 for a double hundred in the test. Rs 500,000 for 5 wicket haul in Test, ODI or T20 and Rs 700,000 for taking a 10 wicket haul in test matches.
Grade A: Virat Kohli, MS Dhoni, R Ashwin, Ajinkya Rahane, Cheteshwar Pujara, Ravindra Jadeja, Murali Vijay.
Grade B: Rohit Sharma, KL Rahul, Bhuvneshwar Kumar, Mohammed Shami, Ishant Sharma, Umesh Yadav, Wriddhiman Saha, Jasprit Bumrah, Yuvraj Singh.
Grade C: Shikhar Dhawan, Ambati Rayudu, Amit Mishra, Manish Pandey, Axar Patel, Karun Nair, Hardik Pandya, Ashish Nehra, Kedar Jadhav, Yuzvendra Chahal, Parthiv Patel, Jayant Yadav, Mandeep Singh, Dhawal Kulkarni, Shardul Thakur, Rishabh Pant.
