SLC to slash player fees

28 September 2016 11:27 am - 13 - {{hitsCtrl.values.hits}}

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The National cricketers are in for a substantial pay-cut in their contract fees as well as on match-fees as their paymaster - Sri Lanka Cricket (SLC) prepares a performance based pay-packet for the ensuing year.

Instead, players will receive a significant increase in individual performance bonus and win bonus - a strategy the SLC is keen to implement to encourage better performances of players.

A SLC media statement on Sunday said that it would contract 100 players in all - 30 National and ‘A’ Team players who would be given central contracts, 20 youth players (emerging category), 25 state players (senior veterans) and 25 provincial players.

“Discussions among the players of all categories and officials of the SLC led by President, Thilanga Sumathipala took place on September 10 at the SLC Headquarters, and the contracts are due to be signed next week,” the

statement added.

The documents has in possession reveal that SLC had disbursed a sum of Rs. 684.85 million among 16 National players from March 2015 to April 2016, around 33 per cent of the Board’s annual income.
Out of the sixteen who received central contracts, nine players have received from anything over Rs. 40 million to Rs. 95 million.

These payments include contracts fees, match-fees, seniority payments, win bonus, prize monies, 10 per cent share of the ICC and ACC events, percentage of clothing and team sponsorship and individual performance bonuses.

Though SLC’s income is comparatively lower than those of affluent board’s like India and Australia, they have paid their cricketers handsomely on par with the international standard. For an instance, a Grade 1 cricketer in India was paid an annual contract fee of US $190,000, a Test match-fee of US $7,500, an ODI fee of US $4,500 and US $2,250 for a T20 match last seasons. Australia offered an annual contract fee of Australian $ 900,000, a Test match fee of $ 14,000, an ODI fee of $ 7,000 and a T20 fee of $ 5,000 for all contracted players while the skipper earns 25 per cent more in his retainer fee as ‘captains’ bonus’.

A player in Sri Lanka’s top category received a contract fee of US $165,000, category 2 US $100,000, US $70,000 in category 3 and US $40,000 in category 4 during the 2015-2016 contract periods which ended in February.

In addition they were also paid a match fee of US $7,500 for a Test, US $3,000 for an ODI match However, SLC’s decision is likely to spark a fresh revolt from the players given that they will suffer a substantial financial loss under the proposed performance based system.

In 2014, the Sri Lankan players refused to sign the new payment contracts as their demands of 20 per cent share from the income derived through ICC events haven’t been met by the Cricket Board.

However after a lengthy battle, the matter was settled after the SLC offered a flat fee for ICC Tournament participation and a further incentive payment, in response to the players’ demands for a 20 per cent cut of the gross sum received by the SLC for global events. (Champika Fernando)

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Comments - 13

Desmond Jeromme Wednesday, 28 September 2016 11:46 AM

This may cause some of the Senior players to quit cricket and it will be a disaster for SriLankan Cricket. What's going on?

Moorkara Wednesday, 28 September 2016 11:47 AM

General Public ekata ..adalanane via DM Android App

Manuel Benjamin Wednesday, 28 September 2016 11:49 AM

Hay,,what is this? Pay according to the experience from Seniors to Juniors, that is the wise thing. Don't reduce any payments which will lead our teams to be in the bottom.

German Jacob Wednesday, 28 September 2016 11:51 AM

Reducing the payments for our Cricketers is not good for our future Cricket. Please don't hurt our guys who have performed well in the recent series. En-courage them not to dis-courage them.

Kiris Baba Amaray Wednesday, 28 September 2016 11:53 AM

Finance Minister

Kadupol Jothywansa Wednesday, 28 September 2016 11:54 AM

It seems SriLanka Cricket will go for dogs in due course as the Board now has so many cooks

kaboos Wednesday, 28 September 2016 12:06 PM

good move. Minimum salary and incentive on performancebased. furthermore on misbehavior total ban. Get SANGA for pep talk.

De Silva Wednesday, 28 September 2016 12:29 PM

They should have done this long time ago

Unchikun Wednesday, 28 September 2016 12:31 PM

Apply the same policy to our parliamentarians . Going further to all employees of Sri Lanka.

Pradeep Wednesday, 28 September 2016 12:32 PM

Very good, Payment must be done based on performances

rosebud Wednesday, 28 September 2016 12:42 PM

Glad our team is still around. I had forgotten they existed - performance and behaviour being below par. via DM Android App

Hang Hong Wednesday, 28 September 2016 12:57 PM

Best is to give them the same salary but collect VAT at 15 per cent !

arjuna Wednesday, 28 September 2016 01:05 PM

Salary cut to people who do the work. Administrators will increase their salary. This is not new. It is happening in all the fields. Cut down allowances, extra-duty payments for workers. Increase payments for polticos.

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SLC to slash player fees

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