For the first time in history, the Pakistan Cricket Board (PCB) is adopting distinct central contracts for both red and white-ball cricket. Although it is willing to offer them compensation, the PCB would discourage its top players from participating in overseas competitions.
According to the PCB, the Board of Governors meeting authorised a 15 billion rupee yearly budget for the fiscal year 2022–2023 with 78% going toward cricket-related activities.
“The BoG has authorised revisions in the men’s central contract as part of its plan to incentive, reward, and encourage its high-performing top cricketers, as well as to decrease the gap in earnings compared to players of other nations.
There will be distinct red and white-ball contracts with higher retainers starting on July 1. There are now 33 players that are centrally contracted, up from 20.
The Board announced an increase in match fees of 10% across all formats as well as a change in the percentage of match fees paid by non-playing members from 50% to 70%.
To compensate the team captain for the added duties that come with that position, a captaincy stipend has also been instituted. At a press conference in Lahore, PCB Chairman Ramiz Raja also said that the Board had established a specific fund for existing players who receive offers to play in international competitions.
“We want to dissuade our top players from participating in extra off-season competitions. We believe it is preferable for the players not to participate in these leagues. Where needed, we shall pay them between 50 and 60 percent of the contract sum they are offered.
“This is a crucial time of year for us. Our players shouldn’t be worn out or fatigued. They should be alert and prepared to do their duty as citizens.
Ramiz also reported a 15% rise in the retainers for women’s central contracts overall. Additionally, the pool of female players with central contracts may grow from 20 players to up to 25 players.
The Pakistani men’s cricket team has had an astounding 75% success percentage in all forms from September 2021, which is the greatest success rate among all Test-playing nations. According to Raja, this has helped Pakistan move up the rankings, which are currently fifth in Tests (up one), third in ODIs (up three, the highest since January 2017), and third in T20Is (up one).
Raja outlined the rationale behind dividing the red and white ball contracts, stating that this was done to acknowledge the significance of white ball cricket in the expansion and development of the game.
In the upcoming 16 months, there are four international competitions, including two World Cups.
We will ultimately be able to construct two distinct teams that can play both red-ball and white-ball cricket simultaneously thanks to this realisation of the value of granting contracts to white-ball specialists. This will enable us to display a wider variety of talent to the globe.
The former captain also made it clear that Pakistan was focusing on developing a talent pool so they could play red and white ball squads simultaneously for international competitions and series, similar to India and England.
He said that a Pakistan Cricket Foundation had been established to benefit retired players, officials, scorers, and field employees who were struggling financially.