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The Board of Control for Cricket in India (BCCI), renowned as the wealthiest cricket board globally, has always been at the forefront of supporting Indian cricket. While the spotlight often shines on the staggering earnings of active players in international cricket and franchise leagues, the BCCI also ensures that its retired players are not forgotten. But have you ever wondered how much India’s former cricketers earn as pensions?
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A Revamped Pension Structure
In 2022, the BCCI announced a significant hike in monthly pensions for retired players, covering both men and women cricketers. This was a much-appreciated move, especially by the legends of yesteryears who didn’t benefit from the commercial boom of modern-day cricket.
Revised Pension Structure for Male Cricketers
- Former First-Class Cricketers:
Previously receiving ₹15,000 per month, these players now earn ₹30,000 monthly. - Former Test Players:
Cricketers who earned ₹37,500 monthly saw their pensions raised to ₹60,000. - Senior Players with Higher Pensions:
Those receiving ₹50,000 now earn ₹70,000 per month.
Revised Pension Structure for Female Cricketers
- International Players:
Their monthly pensions were increased from ₹30,000 to ₹52,500. - First-Class Women Players (Retired Pre-2003):
Those who previously received ₹22,500 now get ₹45,000 every month.
A Much-Needed Boost
The revision in pensions acknowledges the immense contribution of former cricketers, many of whom played in an era where financial rewards were limited. Kapil Dev, India’s iconic all-rounder and World Cup-winning captain, expressed gratitude to the BCCI for this initiative. He lauded it as a significant relief for the families of retired cricketers who depend on these pensions.
“The increase in pensions is not just monetary but symbolic of the respect and recognition for players who laid the foundation for Indian cricket’s growth,” Kapil Dev remarked.
Modern Cricket Earnings vs. Pension
While the pension scheme is a lifeline for retired players, the earnings of contemporary cricketers dwarf these figures. Players in the central contract list earn between ₹7 crores (Grade A+) to ₹1 crore (Grade C) annually, excluding match fees, endorsements, and IPL salaries.
The stark difference between past and present highlights the evolution of cricket’s commercial landscape. However, the BCCI’s pension scheme ensures that those who played in less lucrative eras are not left behind.
