The coronavirus pandemic has hit hard on the cricket scene as well. Almost every cricket board has suffered huge losses so far, which also includes BCCI. If IPL 2020 is cancelled, the wealthiest cricket board would be staring at a huge loss of Rs 4000 crore. The board is hopeful of staging the league sometime this year but there is no clarity over it for now.
While the board is yet to take a final call IPL 2020’s future, there could be a case that Indian cricketers might suffer pay cuts if the board is not able to stage the league. In a conversation with mid-day, BCCI President Sourav Ganguly hinted that the players might suffer pay cuts in case IPL does not happen.
“We will have to examine our financial situation, see how much money we have and take a call. Not hosting the Indian Premier League (IPL) will cause losses to the tune of R4,000 crore which is huge. If the IPL takes place, we won’t have to go in for pay cuts. We’ll manage things,” he told mid-day.
BCCI is waiting for a final word from the Indian government. The country is currently observing the third phase of lockdown, which ends on May 17. The board might be allowed to conduct a few activities if the restrictions are lifted. There could also be a case that BCCI might be allowed to stage IPL behind the closed doors in the next few months.
How much Indian players earn?
The present Grade system sees players in Grade A+ category earn Rs 7 crore/per year. Players in Grade A, B and C have a salary of Rs 5 crore, 3 crore and 1 crore, respectively. Indian skipper Virat Kohli, white-ball vice-captain Rohit Sharma and Jasprit Bumrah are three players in the A+ category.
Players in Grade A are those who are regular in Tests or in ODIs and T20Is. The Grade B includes players who play at least one of the formats but are not confirmed selection in the playing XI on every occasion. All the newcomers and irregular members were given a Grade C contract.
Talking of the women’s division, players in Grade A earn Rs 50 lakhs while players in Grade B and C have a salary of Rs 30 lakhs and 10 lakhs, respectively.