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August 9, 2012
The BCCI has asked IPL franchise Royal Challengers Bangalore to get NOCs from its players on a revised payment schedule. As reported by ESPNcricinfo, several India and overseas players contracted to the franchise, including team captain Daniel Vettori, have not been paid the first installment of their salaries for the 2012 season.
"The IPL governing council today summoned the RCB officials to the governing council meeting to discuss on the players' payment issue," a senior governing council member told PTI. "After discussions, the BCCI has asked RCB to get 'No Objection Certificate' from the cricketers on the revised payment schedule. The franchise has promised that they would produce the NOC in some time."
"The BCCI can still wait for its yearly franchise fee but it is unfair if the players' salaries are not paid on time," the official said.
The players affected include those from India, South Africa, Australia, New Zealand and Sri Lanka. It is believed that Chris Gayle, though, has been paid his contracted amount.
Under every identical IPL contract, signed between the player, the franchise and the IPL, the players are due 15% of their fee for the season by April 1 (before the IPL or very early into it), 50% by May 1 (during the IPL or towards its end), 20% after the Champions League and 15% by December 1. It is understood that the players emailed the management after the season finished in May, but did not receive a straightforward response. Royal Challengers' franchise owners, the UB group, have recently hit financial strife, with owner Vijay Mallya's airline found to be in debt of $1.3b.
© ESPN EMEA Ltd.
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