Sri Lanka Cricket Hikes Players’ Wages by 34 Percent
Despite enduring a disastrous 2017 as far as the results are concerned, Sri Lankan players are enjoying a good financial windfall.
Sri Lanka Cricket (SLC), on Tuesday (May 22), increased the national players’ wages by more than a third.
The Sri Lankan board decided after making a record profit in 2017. Not only that; the match fees of the players are also set to be hiked.
“Sri Lanka Cricket raised the wages of national players by 34 percent for the period of 2018/19, following strong results achieved during the concluded financial year,” it said in a statement.
SLC did not give many details of the individual salaries. However, they are known to be among the highest paid individuals in Sri Lanka.
Last week, SLC announced a record annual profit of 2.12 billion rupees ($14 million) for 2017, 33 times what it made in 2016.
As per reports, the officials are citing a packed cricketing calendar last year for the record profits. The Island nation had hosted Bangladesh, India and Zimbabwe. Broadcasting earnings from an India tour were thought to be a significant contributor.
The latest news must have come as a much-needed respite for the beleaguered Sri Lankan players. The nation endured its worst year on the pitch since winning the World Cup in 1996.
Sri Lanka fared poorly across all formats especially ODIs last year. They suffered 5-0 whitewashes at the hands of South Africa, India, and Pakistan.
They also failed to win the ODI series against Bangladesh at home and exited the Champions Trophy at the group stage.
A shocking ODI series loss against Zimbabwe at home followed by which Angelo Mathews resign from his post. Upul Tharanga was given the captaincy in the ODIs after the Zimbabwe series, but he failed to win even a single game.
In Tests, South Africa whitewashed them. India also inflicted a 3-0 whitewash on them at their backyard. They even failed to win the series against Bangladesh at home.