CRICKET: A 125% pay rise for Australia's international female cricketers and $419 million for all players to share over the next five years are the cornerstones of Cricket Australia's new pay offer.
The five-year Memorandum of Understanding proposal was made official today after weeks of stalled negotiations with the Australian Cricketers Association with the current pay deal set to expire on June 30.
Total potential remuneration for all players, including guaranteed and performance elements, will increase from $311m over the course of the current MOU period to $419m over the next five years.
Australia's elite male players could earn ab average of $1.45 million, taking in match fees and performance bonuses and Big Bash payments, with an average base retainer rising to $816,000 by the end of the deal.
It also includes a pay increase of 150% for domestic female players, taking their average earnings beyond $55,000 a year in a bid to ensure they could be fully professional.
It is a departure from the 20-year-old model of complete revenue sharing but CA chief executive James Sutherland said the new deal, which ensured guaranteed rates of pay for players, was the best way forward for the game.
"We understand that the ACA prefers the status quo, but CA believes that the model devised in the 1990s, which is based on a fixed percentage of revenue, has served its intended purpose - to make Australia's cricketers some of the best paid sportspeople in the country,” Sutherland said.
"It was a means to an end, not something that has to hold us back from providing players with financial certainty, a fair deal for all players including women, and the flexibility to invest in the grassroots of the game.
"This is a landmark agreement. We are now looking forward to sitting down with the ACA to work through the details and we are confident we will be able to announce a completed agreement before June 30.”
This morning Australian Twenty20 captain Aaron Finch said the current system worked well.
"It's worked since 1997 so I don't see why we would go away form that now,” he said.
"The international players are there because of domestic cricket. If you don't have a good domestic competition you are not going to be strong at the top end of international cricket.
"It's about finding a balance between what's right for the game and what's right for the players.”
The ACA is yet to official respond to CA's proposal.