Lankapage Logo Recent Top Stories
CP 14 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Sri Lanka Cricket to pay hefty bonuses to the national team for successful championships
Thu, Mar 13, 2014, 09:41 pm SL Time, ColomboPage News Desk, Sri Lanka.

Mar 13, Colombo: The Executive Committee of Sri Lanka Cricket, the governing authority of the sport, has decided to pay hefty bonuses to the national team for participation and winning championship matches.

The Executive Committee at its meeting today proposed the payments as a flat fee to the team in lieu of the individual returns of the ICC events the players demanded to sign the contracts for the next year.

The Executive Committee met again today following the meeting of the Office Bearers with the player representatives yesterday.

According to the proposed fee structure which is aimed at rewarding the performance, the team will be paid a participating fee of US$ 500,000 for their participation in the T20 2014 Tournament in Bangladesh. Another US$ 250,000 will be paid if the team reaches the final and another US$ 250,000 if they win the final championship.

For participating in the World Cup Tournament 2015, SLC will pay US$ 750,000 to the national team members. In addition, the team will be paid US$ 250,000 on entering the semi-final, US$ 250,000 on entering the final and US$ 750,000 on winning the final.

The Executive Committee, as a gesture of goodwill, has decided to reward the Team's performance in winning the Asia Cup with a special bonus of US$ 100,000.

SLC CEO Ashley de Silva has told ESPN CricInfo that the board had presented these figures to the players, and was hopeful of a positive response from the team. The parties seek a solution before the team leaves for the World T20 early on Sunday.

The Committee has also decided to reward the Women's team for their participation in T20 2014 Tournament in Bangladesh. The ladies' team will be paid US$ 50,000 on entering the Semi Finals, an additional US$ 25,000 on entering the final, and another US$ 25,000 on winning the Final. However, no guaranteed payment was offered for participation in the tournament as for the men's team.

** Related Story :: Sri Lanka Cricket may decide on player contracts tomorrow

ColomboPage - Recent 10 Stories
Sri Lanka landslide: UN saddened by the human loss
-- [4 hours ago]
Sri Lankan President instructs officials to get the EU ban on fish exports removed
-- [4 hours ago]
India will appeal Sri Lankan court's death sentence to five Tamil Nadu drug smugglers
-- [5 hours ago]
United States to assist Sri Lanka in landslide rescue and relief efforts
Commonwealth Secretary-General conveys his solidarity and condolences to Sri Lanka
Tamil Nadu CM condemns Sri Lankan court's 'unjust' conviction, says evidence fabricated
Sri Lankan court sentences 5 Indian and 3 Sri Lankan fishermen to death for heroin trafficking
Sri Lanka's Opposition Leader to visit landslide affected people tomorrow
Sri Lanka Appellate Court rejects the petition against Tamil National Alliance
Ministry of Health to conduct a census on Sri Lanka's psychiatric patients

Copyright © 2000, 2014 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.