Encouraged by the financial model followed by Cricket Australia and England and Wales Cricket Board, the BCCI is planning to introduce a performance-based incentive for the Indian team for each and every home and away series. There was an initial blueprint that was drawn at the Board's finance committee meeting that took place in the capital here on Wednesday.
While BCCI's finance committee has agreed in principle on going the corporate way where profit sharing will be directly proportional to the board's revenue, the members discussed the possible ways of doing it.
According to BCCI sources, it was IPl COO Sundar Raman, who provided a presentation for the finance committee members where it was intimated that Cricket Australia, ECB and BCCI's next door neighbours PCB also follow an incentive-based model in their respective countries.
"Till now, BCCI normally gave handsome incentives to cricketers during triumphs in big tournaments like 50-over World Cup, World T20 or ICC Champions Trophy. But from now on, the BCCI is planning to have incentives for each and every series played at home and away," sources said.
Similarly, the amount will shoot up when they are playing some other opposition on foreign soil. The amount will depend on the nature of opposition, conditions, home and away and impact of the performance.