You will get a salary for not playing IPL: BCCI took a step in the year 2008 which changed the face of cricket across the world. We know this move as the Indian Premier League (IPL). IPL has annually provided a great platform to the players from which they can build their careers at the international level.
It is said that many T-20 leagues are played in the world of cricket, but IPL has created a unique place. In this tournament, players are awarded very attractive prizes. Here, along with the country, foreign players have also given up their other series to play in the IPL because of their superior performance.
Do you know how players get money in IPL? You must be aware of the auction amount. But if a player has to withdraw his name after the auction, then to know what money he gets in such a case, we will discuss it in detail below.
You will get a salary for not playing IPL: How to get money in IPL
The amount paid during the auction in IPL is the tournament salary, and it is paid every year as per the auction agreement. If a player is bought for Rs 20 crore and his contract is for three years, then this amount will be paid every year. A question may arise in your mind about whether a player gets money due to injury or not.
The answer to this is yes. If a player gets injured and is unable to play, he does not receive money for the matches he is not available for during that time. But if he remains injured after the season, he gets a salary for the entire season on a pro-rata basis. Apart from this, he also gets a retainer amount, which is 10 percent.
How does the franchise pay its players?
In IPL, not all franchises pay the entire money to the players at one time. Some franchises give half the amount to the players at the time of camp. In some tournaments, 50 percent of the money is given just before the start. Some franchises give 15 percent salary a week before the start of the tournament. 65 percent amount is given during the tournament and 20 percent after that.