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Central Contracts and Match Fees:
National boards like the BCCI (India), ECB (England), and CA (Australia) offer central contracts with annual salaries. For instance, Indian players in the top contract grade reportedly earn around ₹7 crore (about $850,000 USD) annually, plus match fees: ₹15 lakh (about $18,000 USD) per Test, ₹6 lakh (about $7,000 USD) per ODI, and ₹3 lakh (about $4,000 USD) per T20I.
T20 Leagues:
Top cricketers often supplement their earnings by joining high-paying leagues like the IPL, PSL, BBL, and The Hundred. These leagues provide lucrative contracts, sometimes exceeding $2 million per season for elite players. IPL, especially, offers substantial compensation, making it one of the most financially rewarding leagues for professional cricketers worldwide.
Endorsements:
Endorsements allow top cricketers to earn substantial income, with star players often landing lucrative, multi-million dollar sponsorship deals from major global brands. These deals enhance players’ incomes significantly, sometimes surpassing their on-field earnings, as brand associations boost their visibility and marketability worldwide.
Domestic Leagues:
Domestic cricketers generally earn less than their international counterparts, but some leagues offer competitive pay. Players in premier domestic leagues, such as the Indian Premier League (IPL) or Australia’s Big Bash League, earn substantial salaries. However, outside these leagues, earnings may be more modest, with most income coming from match fees, sponsorships, and bonuses.