$6b IPL deal coincides with announcement of cash bonanza for ex-cricketers; what Sourav Ganguly, Jay Shah said


The BCCI on Monday announced a new cash bonanza for all its ex-cricketers on a day the Indian cricket board created history by selling its media rights for IPL for Rs 44,075 crore. BCCI President Sourav Ganguly and Secretary Jay Shah used the opportunity to reiterate their resolve to look after the former cricketers.

cash bonanza

Shah wrote on Twitter, “I’m pleased to announce an increase in the monthly pension of former cricketers (men & women) and match officials. Around 900 personnel will avail of this benefit and close to 75% of personnel will be beneficiaries of a 100% raise.

Ganguly, for his part, wrote, “It is important that the financial well-being of our former cricketers is taken care of. The players remain the lifeline of the game, it is our duty to be by their side once their playing days are over. The umpires hve been heroes and the BCCI truly values their contribution.”

After today’s announcement, the first-class players, who received Rs 15,000 in pension earlier will now get Rs 30,000 while former Test players, who get Rs 37,500, will now get Rs 60,000 and those with Rs 50,000 pension will get Rs 70,000.

Also Read: History created after IPL TV and digital rights sold for Rs 44,075 crore

The women internationals, who got Rs 30,000, will receive Rs 52,500 from now, reported PTI. The first-class cricketers who retired before 2003 and get Rs 22,500 will now get Rs 45,000.

The news of a cash bonanza for former cricketers came on a day when the IPL became the second-most richest sporting event after the NFL. The BCCI sold the IPL’s media rights for a whopping Rs. 44,075 crore to two different broadcasters.