The report further states that the Supreme Court-appointed Committee of Administrators (CoA), headed by Vinod Rai, is trying to come up with a formula that will add Rs 200cr to the present sum of Rs 180cr, and will be effective from next season.
"Senior cricketers are certainly going to get a 100% raise and even domestic players would get the same percentage increase," a source close to CoA told Times of India. "Since, these cricketers are the reason for BCCI's revenues, can't the board afford another Rs 200 crore for their salaries?" a top board official said.
The formula is to be presented to the BCCI's general body, and then only a final decision would be taken. But if the new formula does come into place, that would bring the yearly salaries of Indian players, and domestic too, to a new high. This move will specially be beneficial for the domestic players, who earn far less than their counterparts, who play for the Indian team.
Virat Kohli with MS Dhoni and Ravi Shastri had raised this issue earlier. The formula won't have any negative impact in the 70% share of BCCI's state units. "Because of the sheer bulk of the money, the senior Indian cricketers can't be given half of the projected 26% revenue of BCCI. It would be distributed in such a way that domestic cricketers also get big hikes," the official further added.
It is also learnt that cricketers who are restricted to only one format of the game, will also be duly compensated.
First Published: December 15, 2017, 10:16 AM IST