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Colombo: Mar 15, 2014
SLC sources said the players’ tough stand, even momentarily, threatened the island’s chances in the World T20 as authorities contemplated sending a second string side for the tournament.
SLC CEO, Ashley de Silva said players have refused to enter contracts based on a new formula announced this week. The players have been demanding a 20 per cent share from the revenue derived from International Cricket Council (ICC) to the SLC.
The SLC formula stipulated a new participating fee for players from a kitty ranging between USD 500,000 to 750,000 and performance related bonuses.
Players have rejected this formula claiming that cumulative bonuses under this would be a mere six per cent.
They want a reasonable percentage from the ICC monies to form an integral part of their annual contracts.
They are willing to come down on the 20 per cent demand.
Player sources say they had decided to play for the country in the T20 without formal contracts in view of the importance of the event pending negotiations.
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