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IPL players’ fees not to be docked
The IPL governing council, which will meet here on Friday, will not deliberate on "20% reduction clause in players' remuneration".
Updated on: Feb 4, 2011, 24:19:26 IST
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The IPL governing council, which will meet here on Friday, will not deliberate on "20% reduction clause in players' remuneration".
It was reported that players' contracts have a clause that entails a deduction of 20% from players' salary if the team fails to qualify for the Champions League. However, it was confirmed on Thursday that the clause was misinterpreted.
"The actual clause is that if a team qualifies for the Champions League and the player makes himself unavailable, the franchisee will then deduct 20%," said an IPL insider.
"It means that the contract is inclusive of a player's remuneration for Champions League."
The meeting will phrase a reply to Mumbai Indians' objections over the conduct of IPL auction.
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