PCB to compensate players who turn down offers from foreign leagues.

PCB to compensate players who turn down offers from foreign leagues. The PCB introduce separate red ball and white ball central contracts with increased retainers for its players on Friday.

The PC introduce separate red ball and white ball central contracts with increase retainers for its players on Friday. But it will discourage its elite players from competing in foreign leagues, for which it is willing to compensate them. According to the PCB, the Board of Governors approve an annual budget of 15 billion rupees for fiscal year 2022-23. With 78 percent allocated to cricket activities.

“The BoG has approved changes in the men’s central contracts structure as part of its strategy to incentivize. Reward, and encourage its high-performing elite cricketers. As well as to narrow the salary gap compared to players from other countries. ” The PCB said in a statement.

Separate red and white-ball contracts with increase retainers will be issue beginning July 1. The number of players under central contract has been increase from 20 to 33.

The Board of Directors announced a 10% increase in match fees across all formats. As well as an increase in match fees for non-playing members from 50% to 70% of the overall match fee.

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Ramiz Raja, Chairman of the Pakistan Cricket Board, also announced at a media conference in Lahore that the Board has established a special fund for current players who receive offers to play in foreign leagues.

“We want to discourage our top players from participating in additional off-season events.” We believe that the players would be better off not participating in these leagues. Where required, we will pay them 50 to 60 percent of the contract amount.

“This is a critical season for us, and we don’t want our players to be tired or burn out.” We want them to be fresh and ready for national duties.” Ramiz also confirm a 15% increase in women’s central contract retainers across all categories. Furthermore, the pool of women’s centrally contract players may be expand from 20 to up to 25 players.

“Pakistan’s men’s cricket team has achieved an impressive 75% success rate across all formats since September 2021, the highest among all Test playing nations. This has helped Pakistan improve its rankings, which are now fifth in Tests (up one), third in ODIs (up three and the highest since January 2017), and third in T20Is (up one) “Raja stated.

Raja explained the reasoning behind splitting red and white-ball contracts

It was done to recognize the importance of white-ball cricket in the game’s growth and development.

“In the next 16 months, we have four international events, including two World Cups. This recognition of offering contracts to white-ball specialists will help us develop two separate squads that can play both white and red-ball cricket at the same time. This will also allow us to showcase a wider range of talent to the world.” The former captain also state that Pakistan working on developing a talent pool that would allow them to field simultaneous red and white ball squads for international events/series, similar to India and England.

He also state that a Pakistan Cricket Foundation has been establish to assist retire cricketers, match officials, scorers, and ground staff who are experiencing severe financial hardship.

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