New Delhi:The IPL governing council has decided not entertain any change in the base amounts for the players, which is $200,000 despite speculation that a revolt is brewing among the Indian players.
Sachin Tendulkar, Sourav Ganguly, Yuvraj Singh and Rahul Dravid have nothing to worry about, as they won't be part of the 'fish market' on Wednesday since they are icon players who have to play for their respective cities.
They will be paid 10-15 per cent more than the highest paid player in their team.
Every player, whether Indian or foreign, will get a base amount of at least $200,000 or about Rs 80 lakhs from the DLF Indian Premier League but thereafter what they earn from their team depends on the auction.
What The Teams Spend On Players
Minimum Per Team: Rs 14 crores
Maximum Per Team: Rs 20 crores
Unhappy Indian players
The IPL governing council has told team owners that they have to spend a minimum of $3.33 million or approx Rs 14 crores on buying a team and a maximum of 20 Rs crores. But players say why have the limits.
Former Indian player Ajay Jadeja told NDTV, "It's great that players are being valued for what they are, but the only question i have is why a base price for a X player or a Y player or why a limit to a player. When you are talking about finances, if it's not about playing for your state team or your country, there can be a cap because you are representing a side, but when you are in a professional world you are free to be bid at any price if someone wants to pay X price then should not be a cap."
Surprisingly one of the team owners who appeared on NDTV show cricket controversies admitted that the owners themselves did not want a cap.
Vijay Rekhi the managing director of United Breweries group said, "I can also confirm to you at the forum it was discussed to abolish this cap altogether and if the motto is to win then there need not be a cap but since this is the first year we are experimenting with it and everybody is quite comfortable with it."
However most team owners are happy with the salary cap, not because it keeps their budgets in check but because they agree that it's the only way to keep the league competitive.
Ravi Krishnan, the vice-chairman of Emerging Media said, "we can debate whether players are being shortchanged but this is bringing in commercial opportunities for a myriad of players who would not have got opportunities to play this form of cricket at this level, players see this as a boon and not as a yoke around their neck."
However, the foreign players aren't complaining since the match fees and endorsements in their respective countries for the entire year will still be less than what they are paid in the IPL.