PROPOSED ANNUAL PAYMENT STRUCTURE

(Each category has three tiers with three different base fee )

Category ‘A’:

Tier-1: $ 100,000

Tier-2: $ 80,000

Tier-3: $ 60,000

Category ‘B’:

Tier-1: $ 65,000

Tier-2: $ 60,000

Tier-3: $ 55,000

Category ‘C’:

Tier-1: $ 50,000

Tier-2: $ 45,000

Tier-3: $ 40,000

Category ‘D’:

Tier-1: $ 35,000

Tier-2: $ 30,000

Tier-3: $ 25,000

[caption id="attachment_135788" align="alignleft" width="380"] Initially Test skipper Dimuth Karunaratne (pictured) and his team had appointed Attorney-at-Law Nishan Sydney Premathiratne to hold discussions with SLC and negotiate all matters relating to their contracts, one Indian media said[/caption]

After national cricketers of Australia, England, and the West Indies, the Sri Lanka cricketers will now have to take a huge salary cut, international media revealed today (10).

Sri Lanka Cricket’s (SLC) new central contracts to the national Test and limited-over squads are 35% less, one report noted.

The new contracts are to be signed before the Lankan white-ball team, under Kusal Perera, tours Bangladesh shortly.

DETAILS

* Under the previous contract, a player in the top category earned $ 130,000 (Rs. 25.6 million per year or Rs. 21,34,220 per month).

* Now a top-category player is offered $ 100,000 (Rs. 19.7 million per year or Rs. 16,41,708 per month).

* Under the present contract scheme, the three main categories will have three sub-categories as well.

* In Category ‘A’ – A Tier-1 player will get $ 100,000 (Rs. 19.7 million per year or Rs. 16,41,708 per month) while a Tier-2 player will get $ 80,000 (Rs. 15.7 million per year or 1.3 m per month), and a Tier-3 player will get $ 60,000 (Rs. 11.8 million per year or Rs. 9,85,024) annual salary contracts.

* It has also been decided that SLC will only offer central contracts to 30 cricketers for the year 2021/2022.

* Despite a significant pay cut, national cricketers have in principle agreed to a new performance-based contract fee structure.

* Initially Test skipper Dimuth Karunaratne and his team had appointed Attorney-at-Law Nishan Sydney Premathiratne to hold discussions with SLC and negotiate all matters relating to their contracts, one Indian media said.

* “The meeting with SLC was very positive regarding clarity in respect of contract fees and payment structures. Though there has been an overall reduction in the slabs in comparison to last year, the players are in principle in agreement to the new formula through the performance-based model in ascertaining contract fees, subject to the process being transparent, where no player will be unfairly affected or feel hard done by,” Premathiratne has been quoted as saying.

* The players are yet to be categorised and they are awaiting a response during the next couple of days to sign their agreements before heading to Bangladesh for a three-match ODI series.

* Sri Lanka is ranked 7th in Tests, 9th in ODIs, and 8th in T20Is, the lowest it has fallen to in the last two decades.