Cricket originated in south-east England and by the 18th century, it had become an established sport in the country. In the 19th and 20th centuries, the game developed globally, and international matches started being played. Cricket is the second most popular spectator sport in the world after football.
International cricket began to develop in the 20th century when the Imperial Cricket Conference was established in 1909, with England, Australia, and South Africa as its founding members. In 1989 the ICC changed its name to the International Cricket Council. Over the years, several more countries joined, with Afghanistan and Ireland becoming the latest members in 2018, bringing the total number of full members to 12. So let us know the complete details of how much money cricketers earn.
In this article, we will tell you on the basis of Indian players. Indian cricket players earn a fixed annual salary from the Board of Control for Cricket in India (BCCI) based on seniority, playing ability, and other parameters decided by the Board's grading system. This salary goes a long way in ensuring that players make the game their primary concern. Apart from this, they also get paid per match depending on the type of match. There are many other sources of income for cricket players.
Players of all three formats are kept in it. Who is given an annual salary of Rs 7 crore Ravindra Jadeja, Rohit Sharma, Virat Kohli and Jasprit Bumrah are in this category.
In this category, at least two formats including Test cricket are necessary. Who are given five crore rupees as salary.
Players of at least two formats are included in this. Who are given Rs 3 crore as salary.
Players of any one format are kept in this category. Who are given one crore rupees annually as salary.
Apart from the salary received from BCCI, cricketers earn money in many other ways. Along with the annual salary, BCCI gives separate salaries to the players for matches like ODI, Test, and T20. In which a player is given at least Rs 15 lakh for a Test match, Rs 6 lakh for an ODI, and Rs 3 lakh per player for a T20 match.
If a player scores a century in an ODI or Test match, he gets Rs 5 lakh, if he scores a double century, he gets Rs 7 lakh, if he takes 5 wickets in a T20, ODI, or Test match, he gets Rs 5 lakh, and if he takes 10 wickets in Test match, he gets Rs 5 lakh. But seven lakh rupees are given.
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The salary range is huge for a cricket player. At the lower levels, players playing in the minor leagues or players who are just starting out can make as little as $30,000 per year. Undoubtedly, this number is not very high but if we talk about the highest-earning player who is India's Virat Kohli. Former captain of Team India and great batsman Virat Kohli is counted among the richest cricketers in the world. According to mpl.live, Kohli's total net worth is around $127 million i.e. around Rs 1046 crore. Virat's average annual earning is around Rs 15 crore. Whereas in a month they earn around Rs 1,25,00,000. Kohli's earning in a week is Rs 28,84,615 and about Rs 5,76,923 daily.
There are many ways for cricketers to earn money after retirement as given below.
Pension: Players are also given pensions after retiring from cricket. Those Indian cricketers who have retired from first-class cricket before 2003 and had played 0-74 matches, get a pension of Rs 30 thousand per month and those who have played 75 or more matches and took retirement before 2003, their pension is Rs 45 thousand. Is. BCCI had increased everyone's pension in 2022. Therefore, former test players who were getting Rs 37,500 will now get Rs 60,000 and those on pension of Rs 50,000 will now get Rs 70,000.
Commentators: Retired players often do commentary for which they get very good money. Those who do Hindi commentary in IPL get Rs 70 lakh to Rs 3 crore. And for English commentary, one gets Rs 1.9 crore to Rs 4 crore.
Entrepreneurship and Investing: Retired players often leverage their fame, expertise, and financial resources to venture into entrepreneurship and investment. By leveraging their brand and sporting knowledge, they can start businesses, and invest in startups. there is a lot of benefit in
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