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Pay Hike For Cricketers: Here's How Much They Will Earn Now 

Three words that are better than saying I Love You these days have to undoubtedly be: Salary is Credited.All of us eagerly wait for that one day when we get our salaries. Even famous personalities like the Indian Cricketers also feel the same when it comes to their salary. Recently, BCCI announced that it is going to give a huge pay hike to all the cricketers. According to IB Times, BCCI is going to present its new contract for 2017-18. And all Virat fans will be glad to know that he will be paid the highest amount. Come, let's take a look at how the new policies and frameworks are going to affect the earnings of our players. But, before that let us take a look at the categories that are formed. 


As per the reports, Grade-A category will include players like:Virat Kohli, Mahendra Singh Dhoni, Ravichandran Ashwin, Ajinkya Rahane, Cheteshwar Pujara, Ravindra Jadeja and Murali Vijay.


Grade-B players are as follows: K. L. Rahul, Rohit Sharma, Bhuvneshwar Kumar, Mohammed Shami, Umesh Yadav, Ishant Sharma, Wriddhiman Saha, Jasprit Bumrah and Yuvraj Singh. 


Names that have included in this group are: Shikhar Dhawan, Ambati Rayudu, Amit Mishra, Manish Pandey, Akshar Patel, Karun Nair, Hardik Pandya, Kedar Jadhav, Yuzvendra Chahal.Now, let's take a look at how much these sportsmen were paid as per the old regulations.  

Grade-A players' old salary.

The players mentioned in this group were paid an amount of INR 2 crore per annum as per the old regulations and budget plan of BCCI. 

Grade-B players' old salary.

Grade-B players received an amount of INR 1 crore per annum earlier. 

Grade-C players' old salary.

These players received the least amount band, and it was merely INR 50 lakh per annum. Now, let's see the revised amount these players are going to enjoy:

Current salary of Grade-A players.

The new contract states that the current salary of players of this group will be INR 12 crore per year. However, captain of the team will receive more than the mentioned amount. Yes, you read that right. 

Current salary of Grade-B players.

The new salary of players in this group will be INR 8 crore per annum. 

Current salary of Grade-C players.

The salary of these players has increased 8 times, and it will now be INR 4 crore per annum. 

Here's the reason behind this change.

Sources suggest that Committee of Administrators (CoA) of places like Australia and other foreign cricketers are paid a humongous amount and to match that level the players of Indian cricket team have been granted this pay hike. SourceIf you wish to read more such articles, let me know at muskan@wittyfeed.com