UAE's ILT20 will get underway early next year
UAE's upcoming International League T20 [ILT20] is set to become the second most lucrative franchise-based tournament after the Indian Premier League. With marquee cricketers set to be offered as much as $ 4,50,000 for 2-3 weeks work.
The ILT20 is set for a January 2023 launch. The franchises are owned by Indian origin franchises mainly - Knight Riders' Group, GMR Group, Adani Sportsline, and Reliance Industries Limited.
According to a report published in the National News, icon players Andre Russell, Jonny Bairstow, Sunil Narine are set to take home a lucrative sum of money.
The report also stated that the wage bill of each of the six franchises in the ILT20 is likely to be valued at around US$2.5 million, and the minimum wage bill is set to be close to US$1.5 million.
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Unlike the IPL, where franchises pick players in the draft or auction, the ILT20 offers a chance to the owners to freely negotiate directly with the players.
While the highest-paid player in the IPL earns more than US$2 million per season, it ranges from US$200,000 in the Pakistan Super League, US$1,64,000 in the Hundred and US$2,38,000 in the Big Bash League.
Wage Distribution
According to a report published in Cricinfo, a playing XI can have a maximum of 9 overseas recruits with places reserved for at least one UAE player and one cricketer from the Associate nations.
The wages of players have been divided into 9 categories, with the highest slab being US$3,40,00 and the lowest being US$ 10,000.
There is also an option of a 'total direct payout', according to which, a player can take home a sum of US$ 4,50,000.
The six-team competition will get underway early next year, with the inaugural season earmarked between the 6th January-February 12th window.
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