BCCI keen to follow CA
The financial model followed by Cricket Australia (CA) and England and Wales Cricket Board (ECB) has encouraged Board of Control for Cricket in India (BCCI), which is planning to introduce a performance-based incentive system for the Indian team for every home and away series. During the Indian Cricket Board's financial committee meeting, that took place in the capital on Wednesday, an initial blueprint was drawn for the concept.
BCCI's finance committee has agreed in principle on going the corporate way where profit sharing will be directly proportional to the board's revenue and the members discussed the possible ways of doing it. According to BCCI sources, it was Indian Premier League (IPL) chief operating officer, Sundar Raman, who provided a presentation to the finance committee members, where it was intimated that CA and ECB, as well as BCCI's next door neighbours Pakistan Cricket Board (PCB) also follow an incentive-based model.
"Till now, BCCI normally gave handsome incentives to cricketers during triumphs in big tournaments like 50-over World Cup, World T20 or ICC Champions Trophy. But from now on, the BCCI is planning to have incentives for each and every series played at home and away," sources said.
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