The three-year central contacts agreement, which will run from July 1, 2023, to June 30, 2026, has been successfully negotiated, according to the Pakistan Cricket Board. A historic arrangement that includes a share of ICC earnings will be presented to up to 25 cricket players.
Red-ball and white-ball national contracts have been combined, in contrast to last year. This alternative was proposed by the central contract committee as a way to gauge player success in terms of victories and to promote fairness and openness in the selection procedure.
Four categories with significantly higher monthly retainers will be created from the list of players. The total monthly compensation will include the income from ICC.
– Category A (3 players): 202%
– Category B (6): 144%
– Category C (2): 135%
– Category D (14): 127%
Player match earnings will considerably rise with a 50% increase in Test, a 25% increase in ODI, and a 12.5% increase in T20I.
The centrally contracted domestic cricket players will receive 50% of the international match fee. Each season, players will also be allowed to play in two leagues abroad.
The contacts’ financial structure will be set for the duration of their three-year term. However, every year, player performance will be assessed. The current agreement will be deemed in effect as of July 1, 2023, having replaced the previous central contract cycle, which terminated on June 30.
Zaka Ashraf, the chair of the PCB Management Committee, stated, “I am glad to inform that the PCB has reached a financial arrangement with the players following protracted negotiations. We consider our players to be the real assets of Pakistan cricket, so we make it our top priority to maintain their wellbeing and give them the finest care possible.
The Pakistani captain Babar Azam went on to say that the agreement was historic. I’m delighted and content that we were able to reach an agreement with the PCB. After a protracted and oftentimes difficult negotiation process, I believe we have reached a fair and advantageous arrangement for all parties.