24 November 2017 last updated at 14:36 GMT
 
Marquee players demand higher retention value
Saturday 07 October 2017

Marquee players demand higher retention value
The IPL 11 auction policy yet to be framed as franchises and players discuss ways of maximising value
Even as the Board of Control for Cricket in India (BCCI) is exploring ways to increase the remuneration for the domestic cricketers, looks like there is no stopping the Richie Rich of Indian cricket. If one were to go by the grapevine in the Indian Premier League (IPL) circles, the rich will keep getting richer in the coming days.
The BCCI is yet to come out with a policy on retention and matching cards for next year’s mega IPL auction but there is already talk of the players demanding higher retention value. In some cases, the demand apparently has been for a three-fold increase. The demand, evidently, comes in the wake of the staggering Rs 16k crore IPL media rights deal that the BCCI signed recently and also the understanding that 50 per cent of that booty will go to the teams.
Roughly estimated, each franchise could well be earning between Rs 200- 230 crore (as against Rs 70 crore on average previously) from the central revenue pool and the development has not been lost on the players, specifically the marquee players. The word is that players who stand a chance of being retained have asked for an increase in their fee, in some cases three times their existing value. That means top players could be earning between Rs 25-30 crore every IPL season.
The demand is also based on the assumption that the salary purse for the mega auction will go up. Previously it was Rs 66 crore and it is believed that figure will go beyond Rs 80 crore, some are speculating that it could even touch Rs 100 crore.
Virat Kohli, AB de Villiers, Rohit Sharma, Gautam Gambhir, Sunil Narine, Kieron Pollard, Lasith Malinga, Chris Gayle, David Miller and Harbhajan Singh are some of the players who were retained previously. For each retained player, the franchises had a part of the salary purse cut, with Rs 12.5 crore being the amount taken away for the No 1retained player.
The franchises were, of course, permitted to pay as much as they wanted for the marquee players without having to disclose the figure. Kohli, for instance, was getting Rs 15 crore although Royal Challengers Bangalore had to forego only Rs 12.5 crore from their salary cap. Their salaries were initially kept secret till the BCCI, under public pressure, was forced to make the numbers public in 2015.
“If the players are making such a demand, they are justified. The only way to make it all transparent is to give matching cards to the teams without permitting any retention. In that case every player will get his real market value and there won’t be a case of breach in salary cap. Everything will be open,” said a franchise official.
The BCCI is expected to announce the retention policy and value of the player purse after a meeting with the owners in the last week of this month.

Even as the Board of Control for Cricket in India (BCCI) is exploring ways to increase the remuneration for the domestic cricketers, looks like there is no stopping the Richie Rich of Indian cricket. If one were to go by the grapevine in the Indian Premier League (IPL) circles, the rich will keep getting richer in the coming days.

The BCCI is yet to come out with a policy on retention and matching cards for next year’s mega IPL auction but there is already talk of the players demanding higher retention value. In some cases, the demand apparently has been for a three-fold increase. The demand, evidently, comes in the wake of the staggering Rs 16k crore IPL media rights deal that the BCCI signed recently and also the understanding that 50 per cent of that booty will go to the teams.

Roughly estimated, each franchise could well be earning between Rs 200- 230 crore (as against Rs 70 crore on average previously) from the central revenue pool and the development has not been lost on the players, specifically the marquee players. The word is that players who stand a chance of being retained have asked for an increase in their fee, in some cases three times their existing value. That means top players could be earning between Rs 25-30 crore every IPL season.

The demand is also based on the assumption that the salary purse for the mega auction will go up. Previously it was Rs 66 crore and it is believed that figure will go beyond Rs 80 crore, some are speculating that it could even touch Rs 100 crore.

Virat Kohli, AB de Villiers, Rohit Sharma, Gautam Gambhir, Sunil Narine, Kieron Pollard, Lasith Malinga, Chris Gayle, David Miller and Harbhajan Singh are some of the players who were retained previously. For each retained player, the franchises had a part of the salary purse cut, with Rs 12.5 crore being the amount taken away for the No 1retained player.

The franchises were, of course, permitted to pay as much as they wanted for the marquee players without having to disclose the figure. Kohli, for instance, was getting Rs 15 crore although Royal Challengers Bangalore had to forego only Rs 12.5 crore from their salary cap. Their salaries were initially kept secret till the BCCI, under public pressure, was forced to make the numbers public in 2015.

“If the players are making such a demand, they are justified. The only way to make it all transparent is to give matching cards to the teams without permitting any retention. In that case every player will get his real market value and there won’t be a case of breach in salary cap. Everything will be open,” said a franchise official.

The BCCI is expected to announce the retention policy and value of the player purse after a meeting with the owners in the last week of this month.

(Courtesy: Mumbai Mirror)

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