INDIANS_TO_EARN_MORE_02SEP1996
Indian Tobacco Company - more specifically, its premier cigarette brand Indian cricket team
02-Sep-1996
2 Sep 1996
Indian cricketers to earn more money
Rediff on the net
Indian Tobacco Company - more specifically, its premier cigarette
brand Indian cricket team.
The increase came as a result of negotiations between the company
and the Board of Cricket Control for Cricket in India, for
renewal of the three-year contract the Calcutta-based tobacco giant had signed.
As per the agreement, the BCCI will retain 40 per cent of the
sponsorship, while distributing the remaining 60 per cent among
the players. Under the new terms, each player who represents India in a one-dayer will receive as his remuneration per match Rs
60,000, as against the previous Rs 20,000.
An even more dramatic increase is seen in Test match remuneration
- thus, a Test player who earliler received Rs 23,000 per fiveday Test will now get Rs 80,000.
The new agreement will be approved by the working committee of
the BCCI when it meets in Vishakapattinam this weekend.
The new financial terms will become effective beginning with the
home series of four Tests - one against Australia and three
against South Africa, followed by a triangular world series oneday tournament featuring India, Australia and South Africa.
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