The BCCI is likely to implement a very innovative and robust medium of increasing the productivity of its players. As per sources within the BCCI, some key members are planning to implement a performance based incentive system for the players. This means that the players will be financially rewarded based on their performances. In simple and fairly uncomplicated terms, if a player excels in his performance, then the BCCI would reward him with financial incentives.
The BCCI will take a final call on the subject in its next meeting which is scheduled to take place on the 22nd of July. Sundar Raman, the chief operating officer of the IPL will make a presentation which will analyze the topic in detail. Raman recently explained how the system would work. Raman had said that for instance, if India defeated Australia in a home series, then the players would get a higher bonus, which they would have got after defeating a low ranked team like West Indies.
The bonus or the incentive will be in addition to what the players earn from the BCCI. Every player gets approximately Rs 7,00,000 (Tests), 4,00,000 (ODIs) and 2,00,000 (T20Is) for an appearance. The players have also been contracted by the BCCI, where the Grade A players earn Rs 1 crore annually. The Grade B and Grade C players earn Rs 50 lakh and Rs 25 lakh respectively.
A similar performance based incentive system was supposed to be implemented for the Indians after the 2007 World Cup. But back then, things didn’t work out smoothly and thus the system couldn’t take effect.