BCCI is one of the richest cricket board in the world. According to Indian Express report, the BCCI hasn’t paid its salary to the Indian contracted players for the past 10 months (since October 2019). A lump sum amount of 99 Crores (INR) had to be distributed to the 27 contracted players based on their grading level.
According to the grading system, A+ level players get 7 crores, A level players get 5 crores, B level players get 3 crores and C level players get 1 crore. Additionally, the players receive their match fee fixed for 15 lakhs in Tests, 6 lakhs for ODIs and 3 lakhs per match for T20.
BCCI had made it’s previous balance sheet public. It has a total of 5,525 crores (INR) deposited in a bank which also included FD’s of 2,292 crores. Along with it, BCCI had also signed 5-years broadcasting rights with Star for 6,138.1 crores.
According to the reports, 8 players central contracted have confirmed that they weren’t paid salaries for the past 10 months. BCCI treasurer Arun Dhumal, who handles the finances hasn’t responded to this.
The reason could be the vacant seat of the Chief Financial officer since December 2019. Other key positions of Chief Executive Officer and General Manager (Cricket Operations) have also been vacant since July.
BCCI president Sourav Ganguly and secretary Amit Shah have also completed their tenure last month. Hence the supreme court has been approached by the BCCI to override the “cooling off” clause of the board’s constitution, thereby allowing Ganguly and Shah to continue further.