In a significant move on Wednesday, BCCI, the Board of Control for Cricket, in India’s Committee of Administrators (CoA), relegated former India captain MS Dhoni to the second tier of the Annual Player Contracts for the period from October 2017 to September 2018.
The Supreme Court-appointed Committee of Administrators (CoA) of the BCCI announced the new payment structure announced on Wednesday and Dhoni has been moved to second tier (Grade A, below Grade A+).
BCCI has given Grade A contracts to seven players. Apart from Dhoni, Ravichandran Ashwin, Ravindra Jadeja, Murali Vijay, Cheteshwar Pujara, Ajinkya Rahane and Wriddhiman Saha are in Grade A. Shikhar Dhawan, Bhuvneshwar Kumar and Jasprit Bumrah have been awarded the new A+ contract announced by the Indian cricket board.
The players in Grade A+ will be paid Rs. 7 crore each, while Rs. 5 crore will be paid to the Grade A players.
“The CoA was of the view that the performance and position of Indian Cricket needs to be recognised with the fee structure comparable to the best in the world,” BCCI release said.