How much indian cricket players get paid

How much indian cricket players get paid
Cricket is more than just a sport in India, it’s a religion. Millions of aspiring cricketers dream not only about representing the country but also have eyes on the phenomenal magnitudes of money cricketing bodies like BCCI and IPL franchise owners pay their players. However, a lot goes behind these big numbers.

Payment Structure in Indian Cricket

Indian cricket has diverse avenues where Cricketers make their income: Domestic Cricket, International Cricket, Franchise-based Tournament (like IPL), Endorsements & Sponsorships etc.

In domestic cricket matches, all first-class cricketers are paid by respective state boards. The Board Of Control For Cricket In India (BCCI) distributes part of its profits to every affiliated state board which subsequently takes care of match fee, daily allowances, travel expenses etc. for all players under their jurisdiction.

When it comes to international matches, the payment structure is even more impressive. Every player gets a certain appearance or match fee over and above an annual retainer fee based on their seniority level and status within the team. This tiered-payment system laid out by BCCI ensures equal opportunities are provided.

Moreover, worldwide viewership has led television broadcasters to pay hefty sums for broadcasting rights and thereby contributing significantly towards generation of revenues for cricket management bodies in India.

BCCI Annual Contracts

The BCCI divides players into four grades – A+, A, B and C – based on past performances, fitness level and future potential– each with different contract amount per annum respectively as follows: Grade A+ receives 7 crores, A gets 5 crores, B brings home 3 crores while C earns 1 crore.

Then there’s always bonuses offered by BCCI for strong performances at key moments in games or significant milestones being achieved which could include double hundreds, fifers or spectacular catches etc., further enhancing earnings promisingly.

The IPL and its Impact on Cricketers’ Earnings

When it comes to cricket in India, one cannot ignore the impact of the Indian Premier League (IPL). A player’s salary from his franchise holds the most crucial weight in his overall earnings throughout the year. Well performing players can command impressive figures during the bidding wars at IPL auctions.

Also, with a pre decided ‘man of the match’ amount for every game and added perks of extra cash prizes, an IPL stint can be incredibly valuable for any cricketer. Besides this, brand endorsements emanating through visibility in such tournaments are another immensely profitable avenue taking annual incomes into astronomical numbers.

Sponsorships and Endorsements

Sponsorships and endorsements also play a key role in determining how much Indian cricketers earn. International media exposure gives these players opportunities to land lucrative endorsement contracts that contribute significantly to their total income. Sponsorship deals come from, sporting goods manufacturers or clothing brands to real estate companies and FMCG giants who want their products promoted by these widely recognized faces shown consistently on television screens.

All these docs not include personal business ventures that some Indian cricketers invest their time & money into which might escalate their overall net worth further.

Conclusion

Cricket is big business in India and it pays like big business too. However, climbing up the ranks isn’t just about hitting sixes or grabbing wickets; it requires consistent performances coupled with maintaining peak fitness levels because availability matters as much as ability when considering a contract renewal. There are countless aspiring Indian cricketers but only those truly committed towards this sport succeed dispelling any illusion about money being easy here because they really have to perform extraordinarily consistently for large sums offered.