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Old January 1, 2012, 09:11 PM
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Navo Navo is offline
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Join Date: April 3, 2011
Location: the Hague
Favorite Player: Shakib, M. Waugh, Bevan
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Originally Posted by zsayeed
I did some googling, Shakib got a contract of $425000 for three years with Kolkata Knight Riders for three years - 2011, 12, 13.
Shakib gets $141K Per Annum from IPL (It lasts a month? Nonetheless that's what he'll get)

The PCA has set the minimum wage at about 24K Pounds per year.
Some high class players can get upto 40K pounds.
A dated forum entry states 45K here
Compounding at3% per annum for 3 years (at $1.55=1 BGP):
County pays at most $76K per annum. (If he is there for three months then he will get $19K - but three months is too long for him, but maybe when he is off. He will learn more playing County FC then Domestic BD.

Which would be less than IPL for Shak.

From 2010 publication BD pays 108K taka monthly (A+) = $18K per annum.
BD pays for A+ $18K Per Annum
Firstly, I'm not sure if Shakib will be paid $425,000 total over three seasons. I think he'll get paid that sum each season. At least, that was what the New York Times reported but maybe someone could get a better cricketing source?

Secondly, beyond the actual figure, I think we also need to look deeper into the contracts IPL players sign. Before players used to get their stipulated salary, irrespective of their performance or availability. In the new contracts of 2011, like the one Shakib signed, 20% of a player's salary is withheld unless their team qualifies for the Champion's League, 10% is withheld if players fail to uphold promotional requirements and if a player fails to appear for the team regularly in addition to the above, they may only get about 50% of their stipulated salary. (See Source) They would still get paid a handsome sum of money after the deductions but no one likes the idea of potentially losing so much money.
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