The UAE-based International League T20 (ILT20) is set to offer top players a whopping USD 450,000 per season, making it the second-most lucrative T20 league for some players outside of the IPL. The league, run by the Emirates Cricket Board (ECB) but fuelled by the presence of IPL money, launches in January 2023 with an overall salary cap of potentially USD 2.5 million per team.
For perspective, the highest-paid player in the IPL earns more than USD 2 million per season, the Hundred offers its best-paid player USD 164,000, in the PSL it is USD 175,000, and the most expensive overseas players in the BBL make about USD 238,000 per season.
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Three of the six franchises in ILT20 have owners with teams in the IPL – Mumbai Indians, Kolkata Knight Riders and Delhi Capitals. The other three teams are owned by Lancer Capital, led by Avram Glazer, part of the ownership of Manchester United, Indian business conglomerate Adani Group, and Capri Global.
Though the league aims to provide exposure and unearth future UAE talent, it is in some ways the first, truly global league: each franchise can have up to 12 overseas players in an 18-man squad. At least three members in a squad will need to be UAE players, two from other Associates, as well as one Under-23 UAE player. A playing XI can have a maximum of nine overseas players along with at least one UAE and one Associate player.
According to a document that details the rules and regulations of the ILT20, seen by ESPNcricnfo, there are nine wage slots for players, with a top category pay-out of USD 340,000 and a lowest slot of USD 10,000.
The overall purse currently is USD 2.5 million, though this includes a “minimum wage bill” of USD 1.5 million and then the option for a franchise to pay up to USD 500,000 as a signing-on or loyalty bonus, and an additional USD $500,00 as bidding purse. Both the loyalty bonus, which is reserved only for direct signings, and the bidding purse are optional amounts.
The maximum salary a player can get – what the league calls the “total direct payout” – is USD 450,000. The “total direct payout” is the sum of the wage slot plus a loyalty bonus. For example, a player picked for highest wage slot of USD 340,000 can get a maximum of a further USD $110,000 as a loyalty bonus should the franchise want to trigger that clause.
In the document, organisers detail player acquisition in two ways. The bulk of a squad will be picked through AUDRA, a unique, hybrid model based on a player draft as well as an auction. Up to five players can be acquired directly by a franchise, outside of AUDRA.
The franchises have told the ILT20 organisers that they stand the best chance to acquire a wider pool of good players if they can negotiate directly with players, without having to pass through the AUDRA as originally planned. The teams have also said if that is allowed, the purse can be limited to USD 2 million comprising USD 1.5 million minimum wage bill and a USD 500,000 discretionary pot that can be utilised for certain players. The maximum salary cap of USD 450,000 will stay.
Officials involved in discussions point out that by allowing a direct signing, they can counter situations where a player can pull out after entering AUDRA, if he does not get the desired amount. As for the risk of whether the player could decline if he is not happy with the amount on offer during the direct talks with the franchise, one official said that he would still have more options to choose from rather than waiting for his turn in a draft.
A final decision is likely to be taken by the ILT20 this week.
Nagraj Gollapudi is news editor at ESPNcricinfo
Source: ESPN Crickinfo