Indian Cricketers Salary Per Month - Latest Updates 2024

Indian Cricketers Salary Per Month – Latest Updates 2024

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India is a major hub for cricket, home to some of the sport’s highest-paid athletes. But what are the Indian Cricketers Salary Per Months in 2024? Do the top stars really earn as much as we imagine? And how do the new players compare in terms of pay? Let’s explore the latest on Indian cricketers’ salaries and find out the real story behind the numbers.

Key Takeaways

  • The BCCI’s central contract system for 2023-24 includes 30 cricketers across four grades: A+, A, B, and C.
  • Grade A+ players earn INR 7 crores per year, while Grade A, B, and C players receive INR 5 crores, INR 3 crores, and INR 1 crore, respectively.
  • Match fees range from INR 15 lakhs for Tests to INR 6 lakhs for ODIs and INR 3 lakhs for T20Is, with additional incentives for playing a certain number of Tests.
  • Top Indian cricketers like Virat Kohli, Rohit Sharma, and Jasprit Bumrah earn between 7-8 crores annually, including their central contract fees and match fees.
  • Emerging talents like Rinku Singh, Yashasvi Jaiswal, and Kuldeep Yadav are making their mark, earning 1-3 crores per year under the BCCI’s contract system.

Understanding BCCI’s Central Contract System

The Board of Control for Cricket in India (BCCI) has a detailed central contract system. It helps pay the country’s top cricketers. This system is key in setting the salaries of India’s best cricketers.

Grade A+ Contract Details (₹7 Crore)

The Grade A+ category is the highest in the BCCI’s system. Players in this group earn ₹7 crore a year. This includes stars like Virat Kohli and Rohit Sharma, who are key to the Indian team.

Grade A to C Breakdown

The BCCI’s system also has Grades A, B, and C. Players are placed in these categories based on their performance and team contribution. Grade A players get ₹5 crore, while B and C players earn ₹3 crore and ₹1 crore, respectively.

Some notable players in each grade include:

  • Grade A: R Ashwin, Mohammed Shami, Mohammed Siraj, KL Rahul, Shubman Gill, Hardik Pandya
  • Grade B: Suryakumar Yadav, Rishabh Pant, Kuldeep Yadav, Axar Patel, Yashasvi Jaiswal
  • Grade C: Rinku Singh, Tilak Varma, Ruturaj Gaikwad

Annual Contract Period and Selection Criteria

The BCCI’s contract period is from October 1 to September 30 each year. To get a contract, players must perform well in international matches. They also need to show consistency and have the chance to contribute more to the team.

Contract GradeAnnual Retainer FeeKey Players
A+₹7 CroreVirat Kohli, Rohit Sharma, Jasprit Bumrah, Ravindra Jadeja
A₹5 CroreR Ashwin, Mohammed Shami, Mohammed Siraj, KL Rahul, Shubman Gill, Hardik Pandya
B₹3 CroreSuryakumar Yadav, Rishabh Pant, Kuldeep Yadav, Axar Patel, Yashasvi Jaiswal
C₹1 CroreRinku Singh, Tilak Varma, Ruturaj Gaikwad

The BCCI’s central contract system rewards India’s best cricketers. It ensures they are paid well for their contributions to the national team.

Match Fees and Performance-Based Earnings

Indian cricketers earn a lot from match fees. Test matches pay the most, with ₹15 lakhs per game. ODIs pay ₹6 lakhs, and T20Is pay ₹3 lakhs. Players not in the starting XI get 50% of these fees.

The BCCI has a Test Cricket Incentive Scheme. It gives extra money for playing well in Tests. This helps players earn more than just their match fees.

Indian cricketers also get bonuses for their performance. These bonuses include:

  • ₹500,000 for scoring a century in a Test or ODI match
  • ₹700,000 for scoring a double century in a Test match
  • ₹500,000 for taking a 5-wicket haul in a Test match
  • ₹700,000 for taking a 10-wicket haul in a Test match

These bonuses, along with match fees, make sure players are well-paid. They are rewarded for their hard work and success.

Match TypeMatch Fees (Playing XI)Match Fees (Squad Member)
Test Match₹15 lakhs₹7.5 lakhs
ODI₹6 lakhs₹3 lakhs
T20I₹3 lakhs₹1.5 lakhs

Match fees, contracts, and bonuses make India’s cricketers very well-paid. This system helps keep the best players in the country. It also boosts the Indian national team’s success.

Indian Cricketers Salary Per Month - Latest Updates 2024

Top-Earning Indian Cricketers in 2024

India’s top cricketers are not just great on the field. They’re also smart with their money. Virat Kohli leads with a monthly salary of around ₹66-68 lakhs. Rohit Sharma is close behind, earning the same amount.

Elite Players’ Monthly Income

Jasprit Bumrah, Ravindra Jadeja, and Ravichandran Ashwin are also in the top tier. They earn ₹7 crore a year, or about ₹58 lakhs monthly. Hardik Pandya, Axar Patel, Mohammad Shami, and Rishabh Pant earn between ₹41-52 lakhs monthly.

Brand Endorsements and Additional Revenue

The top Indian cricketers make a lot from brand deals. Virat Kohli and Rohit Sharma can earn between ₹1-5 crore per deal. This boosts their income a lot.

IPL Earnings Impact

The Indian Premier League (IPL) is a big money-maker for cricketers. Top players can earn ₹10-17 crore per season. Some even make over ₹20 crore. This extra money can be more than their BCCI contracts.

“The IPL has transformed the financial landscape for Indian cricketers, making it a key part of their income.”

Indian Cricketers Salary Per Month Across Different Formats

Indian cricketers’ monthly pay changes a lot. It depends on how many and what type of matches they play. Test players might earn more in months with more Test matches. Limited-overs players could make more during ODI or T20I series.

Players in the top Grade A+ category, like Virat Kohli and Rohit Sharma, get ₹7 crore a year. This means they make about ₹58 lakh monthly, before match fees and other earnings.

Grade A players, like Hardik Pandya and Rishabh Pant, earn ₹5 crore yearly. That’s about ₹41 lakh monthly. Grade B players, including KL Rahul and Shubman Gill, get ₹3 crore a year, or ₹25 lakh monthly.

Contract GradeAnnual SalaryMonthly Salary
Grade A+₹7 crore₹58 lakh
Grade A₹5 crore₹41 lakh
Grade B₹3 crore₹25 lakh
Grade C₹1 crore₹8.33 lakh

Indian cricketers also get match fees, which can increase their monthly pay. They earn ₹15 lakh for Test matches, ₹6 lakh for ODIs, and ₹3 lakh for T20Is.

With their annual contracts and match fees, top players can earn over ₹1 crore monthly. This is during busy seasons with many international games.

New Entrants and Rising Stars’ Compensation

The Indian cricket scene is changing fast. A new batch of emerging Indian cricketers and young cricket talents India are joining the national team. The Board of Control for Cricket in India (BCCI) is noticing and rewarding them with central contracts.

New players usually start with a Grade C contract, earning ₹1 crore a year. This gives them a strong financial base as they grow in their careers. Players like Rinku Singh, Tilak Varma, and Yashasvi Jaiswal have just got central contracts, showing their talent and hard work.

These young cricket talents India can move up the contract grades if they keep doing well. By proving themselves, they can earn more, moving to Grade B or even Grade A contracts.

The BCCI’s effort to support and reward emerging Indian cricketers shows the talent in Indian cricket. As these young stars grow, fans will get to see their progress, both on and off the field.

Conclusion

The Board of Control for Cricket in India (BCCI) has changed the game financially. They use a central contract system that rewards players based on their performance. This way, the best and most promising players get what they deserve.

Cricket’s popularity, thanks to T20 leagues, is growing fast in India. This means better pay for players. With central contracts, match fees, IPL earnings, and endorsements, cricket is a very rewarding career. The BCCI plans to keep rewarding excellence and growing Indian cricket.

The salary structure and the growing cricket world will draw more talent. This will help Indian cricket stay on top globally. With player earnings going up, the future looks bright for cricket and its athletes.

FAQ

What is the BCCI’s central contract system for Indian cricketers?

The BCCI has a grading system for player pay. It’s based on their performance in Tests, ODIs, and T20Is. The contract lasts from October 1 to September 30 each year. It covers 30 cricketers in four grades: A+, A, B, and C.

How much do Grade A+ players earn annually?

Top players like Virat Kohli and Rohit Sharma earn ₹7 crore a year. Jasprit Bumrah and Ravindra Jadeja also fall into this category.

What are the earnings for other BCCI contract grades?

Grade A players get ₹5 crore a year. Grade B players earn ₹3 crore. Grade C players make ₹1 crore annually.

How are players selected for the BCCI central contracts?

The selection is based on their performance in international matches. It also looks at their consistency and future team contributions. Players need to have played a certain number of matches in the last season to qualify for higher grades.

What are the match fees for Indian cricketers?

Test match fees are ₹15 lakhs per game. ODIs pay ₹6 lakhs, and T20Is ₹3 lakhs. Players not in the playing XI get half of these amounts.

How much can the top-earning Indian cricketers make annually?

Virat Kohli and Rohit Sharma can earn around ₹8 crore a year. This includes their BCCI contracts and match fees. It works out to about ₹66-68 lakhs a month.

What other sources of income do Indian cricketers have?

Indian cricketers earn more from brand endorsements and sponsorship deals. They also make a lot from the Indian Premier League (IPL). Top players can earn between ₹10-17 crore per season.

How do Indian cricketers’ monthly salaries vary based on the format?

A player’s monthly income changes a lot throughout the year. It depends on the number and type of matches played. Test specialists might earn more in months with more Test matches. Limited-overs specialists might earn more during ODI or T20I series.

How do new entrants and rising stars in Indian cricket earn?

New players start with a Grade C contract, earning ₹1 crore a year. They can quickly move up the grades based on their performance. This can significantly increase their earnings in a short time.

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