Cricket Australia, players’ union, reach agreement on new pay deal – Cricket News Update
The dispute between Cricket http://www.senore.com/Cricket/Paul-Marsh-c81144 having released the list of players who
have been granted national contracts for 2012-13, while announcing the signing of a new Memorandum of Understanding (MoU) for pay structures and player contracts in Melbourne.
The most prominent change in the new MoU involves a reduction in the number of centrally contracted players from 25 to 17-20 and an increase of 15-20 in player contracts at state level, in accordance with the suggestion of last year’s Argus review. The match
fees for players have been increased, and performance bonuses (for series wins, victories in http://www.senore.com/Cricket/ICC-World-Cup-2011-c100625 events, and for attaining first or second place in the ICC’s annual rankings) will also be granted to cricketers at the national level.
“We believe that this agreement and its player payment model strikes a strong balance - players are well rewarded for playing senior representative cricket within a system that emphasises accountability for performance and ensures the right players are receiving
the right payments at the right times,” Sutherland said.
http://www.senore.com/Cricket/Simon-James-Marshall-c90362, also expressed his appreciation for the new deal, claiming that it would prove beneficial for both current and past players.
“The thing we are most excited about is that this new MOU provides excellent outcomes for not only our current players but also, through the 2015 Cricket World Cup revenues, a program that will significantly benefit our past players and Australian Cricket,”
he said.
According to the new agreement, the minimum CA contract is worth $230,000, with players able to earn up to $14,000 per Test, $5600 per ODI, and $4200 per T20I in performance payments.
In addition to the new contract list, the pay structure has also been changed to function according to a more variable system – the previous contract offered players a fixed 26% of the match revenue, but the new system grants them the opportunity to earn
up to earn between 24.5 and 27% every year, based on how well or poorly they perform.
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