Monday, April 2, 2012

A year since ICC World Cup 2011; what did Indian cricketers earn? | sachin tendulkar | ghambir

On April 2, 2011, exactly a year ago, the entire nation was high on team India’s historic performance in cricket. The men in blue defeated Sri Lanka in the finals of the 2011 ICC World Cup and regained the honours after a long wait of 28 years!


So what did this win do for Indian cricketers’ value in the endorsements market? YourMoneySite takes a look at how much some prominent cricketers earned in the financial year 2011-12.

Cricketer’s and their purses post ICC World Cup 2011

MS Dhoni

Indian skipper signed a mouth-watering deal like no other player before. Rhiti Sports signed a two-year contract of $43 million or equivalent to Rs 2 billion. Captain Cool saw his earnings jump to approximately $8 million in year 2011-2012.

Sachin Tendulkar

The batting maestro, now with a century of centuries under his belt, saw estimated earnings of $10 million in 2011-12. Sachin endorses products like Aviva Life Insurance, Sunfeast, Coca-Cola, Castrol India, Toshiba and Reynolds.

Yuvraj Singh

Yuvraj made approximately $5.5 million during 2011-12. However, lung cancer(stage-1) put the all-rounder out of action for most of 2011. Yuvi endorses brands like Birla Sun Life, Royal Stag Mega Music, Parachute Hair Cream, Pepsi and Reebok.

Down memory lane

The visitors gave Indians a run for their money. After piling of a total of 274 runs, the cricket world witnessed one of the best innings of ODI cricket. Mahela Jayawardene put Sri Lanka into the driver’s seat after smashing 103 runs in just 89 balls. However, Indian bowlers too put up a good show in the early overs of the match, until Sri Lankan batsmen were let loose in death overs.

The second half of the game saw the momentum swing towards Sri Lanka. If Jayawardene’s century saw pressure mounting among fans and players, the quick dismissal of Virender Sehwag by Lasith Malinga saw billions skip a heart-beat. Sachin Tendulkar’s presence at the crease was a ray of hope. However, Wankhede Stadium was stunned in silence when Tendulkar nudged a Malinga delivery to wicket –keeper Kumar Sangakkra.

Gautam Gambir and Virat Kohli tired to rebuild the innings, after an 83 run patnership, but Kohli perished, to the brilliance of Dilshan. The next player to come in was the in-form Yuvraj Singh, however skipper Dhoni promoted himself to write the winning script for team India. Gambhir missed out on a century by just 3 runs. Dhoni and Yuvraj stayed on till the end with the skipper finishing the proceedings in style. He smashed a six that went sailing into the Wankhede stands. The entire nation was on frenzy, millions of fans were seen dancing on the streets from every corner of the country.

Fees:

Apart from endorsements, MS Dhoni, Sachin Tendulkar and Yuvraj Singh are Grade-A players under the BCCI’s contract. Players in this grade receive retainership fee of Rs 1 crore yearly. Players of Grade-B & Grade-C receive retainership fee of Rs 50 lakh and 25 lakh respectively.

Players also receive a fee for each Test Match, ODI and T20 as follows:

Test match: Rs 7 lakh per match
ODI: Rs 4 lakh per match
T20: Rs 2 lakh per match

Now India played 14 test matches, 25 ODI’s and 5 T20 internationals from April 2011 to March 2012. Based on this, calculating how much one cricketer (who played all matches) earned the minimum last year – Rs 208 lakh or Rs 2,08,00,000 in one single year! And this, whether the team wins or loses!