IPL players to earn Rs 7.5 lakh per game in new match fee structure

BCCI introduces match fees for IPL players, adding Rs 1.05 crore potential earnings for full-season participation, to be implemented from the 2025 season.

By  Storyboard18Sep 30, 2024 8:54 AM
IPL players to earn Rs 7.5 lakh per game in new match fee structure
The new match fee structure is expected to take effect from the 2025 season, following the decision made at the IPL Governing Council meeting in Bengaluru.

The Indian Premier League (IPL) is set to become even more financially rewarding for cricketers, with the introduction of match fees for every game a player participates in.

In a historic move announced by BCCI Honorary Secretary Jay Shah on Saturday, IPL players will now receive Rs 7.5 lakh per game, adding to their existing contracted amount.

Taking to social media platform X on September 28, Shah declared, "In a historic move to celebrate consistency and champion outstanding performances in the #IPL, we are thrilled to introduce a match fee of INR 7.5 lakhs per game for our cricketers!"

Players participating in all league matches of a season stand to earn Rs 1.05 crore in addition to their contracted fees. Each franchise will earmark Rs 12.60 crore as total match fees for their players for the season. Shah highlighted that this marks a new era for the IPL, enriching the rewards for players' dedication and performance.

The new match fee structure is expected to take effect from the 2025 season, following the decision made at the IPL Governing Council meeting in Bengaluru. A mega auction, likely to take place in November 2024, will precede the new season.

The 2024 IPL auction saw new records being set with Kolkata Knight Riders (KKR) signing Australian player Mitchell Starc for Rs 24.75 crore, making him the most expensive player in IPL history. Pat Cummins, another Australian fast bowler, was brought by Sunrisers Hyderabad for Rs 20.75 crore, making him the second costliest player in the league.

First Published on Sep 30, 2024 8:54 AM

More from Storyboard18

Gaming

EXCLUSIVE: Karnataka govt to introduce whitelist for Real Money Gaming operators

EXCLUSIVE: Karnataka govt to introduce whitelist for Real Money Gaming operators

Brand Makers

RMG industry needs right regulatory framework, including under PMLA: Dilsher Malhi, CEO of Zupee

RMG industry needs right regulatory framework, including under PMLA: Dilsher Malhi, CEO of Zupee

Gaming

'If you play Rummy, I’ll become Mummy': Tamil Nadu’s RMG case reaches final stage

'If you play Rummy, I’ll become Mummy': Tamil Nadu’s RMG case reaches final stage

Gaming

Eliminating the middlemen: Esports orgs are now the new-age marketing agencies

Eliminating the middlemen: Esports orgs are now the new-age marketing agencies

Gaming

RMG industry set to shell out Rs 30 crore in four days for SC GST battle

RMG industry set to shell out Rs 30 crore in four days for SC GST battle

Gaming

We won’t risk the esports ecosystem on Real Money Gaming: Akshat Rathee, NODWIN Gaming

We won’t risk the esports ecosystem on Real Money Gaming: Akshat Rathee, NODWIN Gaming

Gaming

Maharashtra joins regulatory wave, eyes licensing system for online gaming

Maharashtra joins regulatory wave, eyes licensing system for online gaming

Gaming

NODWIN Gaming expands esports operations in the US

NODWIN Gaming expands esports operations in the US