Taking forward the decision taken by its all-powerful Working Committee, the BCCI said that all players picked for the Bangladesh tour would be given a flat retainer of Rs 5 lakh.

"In addition to the flat retainer of Rs 5 lakh the players would be entitled for match fees and bonus," said BCCI Secretary Niranjan Shah on his return from the West Indies.

The Working Committee had decided at its World Cup review meeting in Mumbai on April 7 to abolish graded payment for the players and instead introduce a flat retainer. Till the end of September, 2006, the players were divided into three categories-A, B and C-and awarded annual retainers of Rs 50, Rs 35 and Rs 20 lakh respectively. There are some changes in the match fees for the players and they would get approximately Rs 1.5 and Rs 2.5 lakh per ODI and Test respectively. Shah, who had gone to the Caribbean to witness the final stages of the World Cup, said that there would also be a bonus for winning a match and a series separately but there won't be any deduction for losses.

"There will be a bonus if the team wins a match and a separate one too if it wins the series but there won't be deduction for any losses," he said adding that exact details of the amount would be announced later.

"All these amounts as well as the condition that the players' individual endorsements would be limited to three per head have been included in the contracts clauses to be signed by the players before they leave for Bangladesh on May 7," Shah said.



URL: http://cricketflavor.blogspot.com/2007/05/flat-retainer-of-rs-5-lac-per-player.html

Labels: India