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Foreigners hit jackpot, locals lag behind
It is undoubtedly the most unsporting cut of all. In a startling revelation, it has been found that of Rs 823 crore salaries paid by various sports leagues in India; domestic players get only 36 per cent of it.
Earnings in Indian soil
Hyderabad: It is undoubtedly the most unsporting cut of all. In a startling revelation, it has been found that of Rs 823 crore salaries paid by various sports leagues in India; domestic players get only 36 per cent of it. Although they constitute the majority, the lion’s share goes towards payment of salaries to the overseas recruits, who are in minority.
However, a significant finding is that wrestler Yogeshwar Dutt was the highest paid per minute with Rs 1.65 lakh for every 60 seconds he spent in the arena, and seventh in the overall list while high-profile cricketers like Yuvraj Singh (Rs 1.01 lakh) and Mahendra Singh Dhoni, Virat Kohli (both Rs 75, 000) are way behind in terms of overall standings.
Cricket, however, has earmarked the highest amount compared to other Leagues with a staggering Rs 420 crore. In terms of money earned by a player on the basis of time spent on field, UK-based IPTL player Andy Murray topped the list with a staggering Rs 14.34 lakh per minute.
These have been stated in the Indian Sports Salaries Report 2016, which surveyed various leagues, including IPL, Indian Super League (ISL), Hockey India League (HIL) and International Premier Tennis League (IPTL), Premier Badminton League, Champions Tennis League, Pro Kabaddi and Pro Wrestling.
Indian players received only Rs 296 core as total salaries. This is despite homegrown players accounting for 521 out of the total 857 players seen in action in the leagues. On the other hand, 336 foreign players walked away with a total salary of Rs 527 crore! "The report is based on the data available and the inputs received from various sports agents.
It will help in making direct comparison amongst certain key drivers of growth," said Super Insinght Director & CEO Raman Raheja. Among the eight leagues surveyed were Premier Badminton League, Champions Tennis League, Pro Kabaddi and Pro Wrestling. As per the report, against the common perception cricketers were not the highest earners in these leagues.
"Cricketers are not the highest paid sports person playing in the Indian leagues. Roger Federer and Rafal Nadal are the highest earning players with Rs 26 crore plus each for playing in the International Premier Tennis League (IPTL)," it said. The report is an analysis of the Rs 1,100 crore budget covering 857 players in seven sports spread into eight different leagues.
