Cricket Business : Pakistan Cricket Board to give insurance covers to players and their families

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The Pakistan Cricket Board (PCB) is planning to do first of its kind reform in the cricket world. PCB’S Chief Executive Wasim Khan has informed that the centrally contracted players will be provided with the insurance covers for the families as well along with the players. The said insurances will be provided starting from July this year. Earlier, the PCB only provided insurance cover for player injuries but now their wives and children will also be part of the policy. He added that, in the future, domestic cricketers will also be given insurance cover. According to some sources, the said cover is being provided to make Pakistan cricketers agree to tour England amid Covid19 pandemic concerns.
But No risk allowances for the England Series declares PCB
Though PCB has made it clear that contrary to the speculations, the contracted players won’t get any  risk allowance for their participation in the England series.

There was a feeling in certain quarters that Pakistan players should be paid additional money, bearing in mind the risks associated with touring England due to Covid-19 pandemic.

While talking to media, Khan clarified that Pakistan cricketers earn substantial amounts, already, through their monthly retainers and match fess and paying extra money is not an option under consideration.
It must be noted, earlier this year, that the PCB Chairman Ehsan Mani told a National Assembly standing committee meeting that the board paid each West Indies player around $25,000 to come for the tour in 2018. This development was not new as the PCB earlier paid Zimbabwe players $12,500 each when they became the first foreign team to tour Pakistan after the 2009 attack on the Sri Lankan team in Lahore.

Increase in salaries for Domestic Cricketers in offing

The PCB has also decided to increase the salaries of domestic players this year in which the PCB will give new contracts to domestic cricketers with increase in their pay.
According to a report in the News International,  PCB sources has revealed that the compensation of 192 domestic cricketers could be increased by 15 to 40 per cent in the new contracts. The report further reveals that the increase can go up to 50 per cent if the budget is approved by the board of governors. When the PCB changed the domestic structure last season, a total of 192 cricketers in the First XI and Second XI in six regions were given domestic contracts worth Rs 50,000 a month. Sources believe that after the increase, the monthly salaries of domestic cricketers will be between Rs 60,000 and Rs 75,000. Sources said that the match fee of the players will also be increased after which the cricketers of First XI will start earning more than Rs 2.5 million annually.
The PCB has also decided to give A-plus contracts to the first 10 cricketers. The A-plus will also include top performers of domestic tournaments, top players of U-19s and current international cricketers who have lost their central contracts.