Pakistan: PCB plans to revive cash awards (26 Sep 1998)
KARACHI, Sept 25: The Pakistan Cricket Board (PCB) plans to revive cash incentives for the team from this season
26-Sep-1998
26 September 1998
PCB plans to revive cash awards
By Our Sports Reporter
KARACHI, Sept 25: The Pakistan Cricket Board (PCB) plans to revive
cash incentives for the team from this season. Chairman of the
cricket board, Khalid Mahmood, said the idea was being mooted and
hoped that a decision would be taken in the next few days.
"I firmly believe that whatever is coming in the kitty of the PCB, it
is because of the players. Therefore, they deserve a share in the
profits.
"There is a clause in contract with one of our sponsors that they
would pay a sizeable amount to the members of the team after every
series win. Why has it been stopped, I have to investigate," he said
from Lahore.
According to informed sources, Pepsi Cola was contractually bound to
pay US$10,000 as win bonus per match. However, that has now been
changed to US$40,000 per season.
Well placed sources further stated that each member of the Pakistan
team was promised Rs 100,000 after they won the Sahara Cup in Canada.
Nevertheless, the approval would be taken from the executive council
on Saturday after which the commitment would be honoured.
However, no cash incentive has been so far announced by the cricket
board for the series against Australia though each member of the team
was paid Rs 100,000 for every series win until the 1996 tour of
England.
Talking about the PCB's contract with the players, Khalid Mahmood
said the format has almost been finalized and would be given to the
players "as soon as possible."
"According to the new agreement, the retainer allowance will not be
deducted from the annual earnings of a player. There was never a
dispute to increase the retainer allowance," he said.
He said the players contract will be of 12 months and will come into
effect from Sept 1. "The players are under contractual agreement with
the board from Sept 1 though they have not signed the documents yet.
Whenever they sign, it would still be effective from Sept 1."
Mahmood was, however, unsure how many players would be given the
contracts.
"It's upto the selection committee to recommend the number of
players. They may suggest 20 players or 25 players and even 10
players. It's entirely upto them," he said.
Mahmood said there was a proposal according to which the captain of
the team would be paid an additional amount for looking after the
team. "It's an extra duty for the captain who, I think, should be
compensated, like other cricket boards such as South Africa, England
and Australia do."
Source :: Dawn (https://dawn.com/)