New Delhi, India
The stars of the Indian Premier League (IPL) are set for a bumper pay rise after Board of Control for Cricket in India (BCCI) secretary Jay Shah announced on his X handle on Saturday (Sep 28). Shah on his social media handle confirmed the news as players starting from IPL 2025 will pocket INR 7.5 lakh ($9000) per match. Additionally, players will also pocket $125,000 if they play all the matches for their respective IPL franchise.
In a historic move to celebrate consistency and champion outstanding performances in the #IPL, we are thrilled to introduce a match fee of INR 7.5 lakhs per game for our cricketers! A cricketer playing all league matches in a season will get Rs. 1.05 crores in addition to his…
— Jay Shah (@JayShah) September 28, 2024
Players set for bumper pay rise
“In a historic move to celebrate consistency and champion outstanding performances in the #IPL, we are thrilled to introduce a match fee of INR 7.5 lakhs per game for our cricketers! A cricketer playing all league matches in a season will get Rs. 1.05 crores in addition to his contracted amount,” Shah wrote in his X handle.
“Each franchise will allocate INR 12.60 crores as match fees for the season! This is a new era for the #IPL and our players!” he added.
For the first time, the IPL will have a match fee concept as players previously pocketed only payments from their contracts. However, the latest announcement comes as a big relief for players coming through the ranks as they will get huge sums. For this, the IPL governing body mandated a match fee of INR 12.60 crores ($1.5mn) for every franchise.
ALSO READ | WADA appeals Court of Arbitration for Sport in Jannik Sinner doping case, seeks ban of up to two years
5 retention, one RTM per side
According to ESPNcricinfo, a reliable cricket site, the IPL governing council is likely to approve five retentions per side along with an RTM. While the base price of each retention is yet to be fixed this could mean IPL teams can retain as many as six players from their current squad. The number of Indian or overseas player retention is also not yet guaranteed, but franchises like Mumbai Indians and Chennai Super Kings can breathe a sigh of relief as they face complications in retaining their star names.