FactMosaic logo
sport

Pakistani Players Poised for ‘Groundbreaking’ Increase in New Contracts

Pakistan image
50views

Pakistan cricket team players contract boost. Babar Azam, Mohammad Rizwan, and Shaheen Shah Afridi may potentially receive a monthly retainer of up to PKR 4.5 million each.

Game-Changing Central Contracts: Historic Boost for Pakistan’s Cricket Stars

Pakistan’s cricketers are on the brink of receiving significant increments in their upcoming central contracts, even amid ongoing discussions regarding their involvement in foreign T20 leagues. The likes of Babar Azam, Mohammad Rizwan, and Shaheen Shah Afridi, who occupy the highest contract tier, stand to potentially earn an impressive PKR 4.5 million (approximately USD 15,900) per month as retainers – a remarkable four-fold surge compared to last year’s offerings for top players.

The upcoming contracts are expected to deviate from the previous year’s structure, where players were categorized based on the format of the game. Instead, they are poised to return to a format resembling earlier years, featuring four distinct player categories. In recognition of their leadership roles and cross-format prowess, Babar, Rizwan, and Afridi will secure spots in Category A.

Category B players are poised to receive approximately PKR 3 million (around USD 10,600), while those placed in categories C and D will earn retainers ranging from PKR 0.75 million to 1.5 million (approximately USD 2,650 to 5,300). The potential increase in retainer values, if ratified, signifies one of the most substantial hikes in years, forming part of a comprehensive package that officials deem as “historic.”

Balancing Inflation and Exchange Rates: Notable Hike in Retainers for Pakistani Cricketers

The augmented retainers are partially mitigated by the significant depreciation of the Pakistan rupee over the past year, coupled with an economy plagued by rampant inflation. Yet, even after accounting for these factors, the retainer increment surpasses twofold, particularly within the top echelon. This development also arrives a year prior to the implementation of the ICC’s new revenue distribution model. Pakistan cricket team players contract boost under this model, the PCB’s annual earnings, amounting to approximately PKR 9.6 billion (approximately USD 34 million), exceed the figure from the previous ICC rights cycle by more than double.

Revolutionizing Pay Scales: Transformative Impact on Pakistani Cricketers’ Earnings Pakistan cricket team players contract boost

This development is set to bring about a substantial transformation for players. Who have historically been among the lowest earners on the international stage. Their financial position has been further exacerbated. By the presence of often restrictive regulations regarding their participation in foreign T20 leagues. In an environment where players’ involvement in leagues is subject to shifting policies with each change of administration. The options for Pakistani cricketers have been limited. Notably, they are prohibited from participating in the IPL, and their engagement in other leagues. Has traditionally hinged on the whims of new management.

Pakistan cricket team players contract boost image 2

As recently as last year, prominent players faced delays in contract signing due to dissatisfaction. With the constraining clauses surrounding league participation particularly during Ramiz Raja’s tenure. This marked the second instance since 2019 that players had expressed discontent with contractual terms. A scenario that closely resembles a labor dispute, albeit within a landscape devoid of a formal players’ association.

While the exact number of leagues players will be permitted to partake in next year remains under negotiation. It forms an integral aspect of ongoing deliberations. As of now, players in the top two categories are anticipated. To be allowed participation in one league apart from the PSL. While those in lower categories are poised to gain permission for involvement in multiple leagues.

Balancing Opportunities: Navigating Pakistani Cricketers’ Participation in Leagues

However, it’s important to note that there could be room for maneuvering on this matter. And the specific clause could undergo modifications by the time the contracts reach their final stages. Steering these discussions are key figures like Usman Wahla. The PCB’s international director, and more recently, Misbah-ul-Haq, who serves as an advisor to Zaka Ashraf. They have been engaging in conversations with a select group of senior players.

Notably, the PCB acknowledges the fact that players who are excluded from league engagements miss out. On significant and potentially transformative earnings. This realization is underscored by the understanding that certain senior players. Particularly those in high demand on the league circuit. Could potentially earn two to three times more annually through league agreements compared to their current earnings.

Furthermore, there exists a cognizance that the league circuit warrants a distinct 12-month calendar for effective planning. Allowing players’ commitments to be structured accordingly. It’s worth mentioning that Najam Sethi, who held the position of board head prior to Ashraf. Had been pursuing a more open approach in relation to leagues. He had been engaged in negotiations with the ILT20 regarding the participation of Pakistani players in the current season.

Navigating Challenges and Opportunities: Pakistan cricket team players contract boost

The ILT20 emerged as a particularly complex concern during the previous season. As the PCB sought compensation from the league for every player’s participation. This issue was compounded by the fact that the ILT20 coincided with a bustling home season for Pakistan. During which their premier players were inevitably engaged.

Furthermore, players can anticipate the unveiling of domestic contracts in the near future. These contracts are likely to include augmented retainers and the potential for increased earnings through participation. In two distinct first-class tournaments – one catering to regional teams and the other to department-based sides.

The culmination of discussions with players is slated to occur over the upcoming weekend. Following which the outcomes will be presented to Zaka Ashraf during the early part of the following week.

Leave a Response