The UAE-based International League T20 (ILT20) is expected to offer a whopping $450,000 per season to its top contracted players per season, making it the second most lucrative for some cricketers after the Indian Premier League (IPL).
Recently, multiple owners of the IPL franchises have also brought teams into the UAE T20 competition. The league, led by the Emirates Cricket Board (ECB), will start in January 2023 with an overall salary cap of potentially $2.5 million per team.
Three of the six franchises in ILT20 have owners with teams in the IPL: Mumbai Indians, Kolkata Knight Riders and Delhi Capitals. The other three teams are owned by Lancer Capital, led by Avram Glazer, part of Manchester United, Indian business conglomerate Adani Group and Capri Global.
By comparison, the highest paid player in the IPL earns more than $2 million per season; in the PSL it is USD 200,000; the hundred offers its highest-paid player $164,000, and the most expensive foreign players in the BBL earn about $238,000 per season.
There are also rumors of David Warner skipping the Big Bash League to play in the UAE’s T20 league, citing the money difference.
UAE ILT20 has nine pay slots for players – highest slot at $340,000 and lowest at $10,000
The UAE International T20 League is actually a global competition where each of the franchises is allowed to have 12 foreign players from the 18-man squad. At least three members in a roster must be UAE players, two from other Associates, as well as one UAE player under the age of 23.
A playing XI can have up to 9 foreign players along with at least one UAE and one Associate player.
According to The Bharat Express News reports, here are nine pay slots for players, with the highest tier payout of $340,000 and the lowest slot of $10,000. The total grant currently stands at $2.5 million, although this includes a “minimum wage” of $1.5 million.
There is also an option for a franchise bonus to pay out up to $500,000 as a sign-up or loyalty bonus, and an additional $500.00 as a bidding grant. The maximum salary a player can get – what the league calls the “total instant payout” – is $450,000.
The majority of a squad is chosen through AUDRA, a unique hybrid model based on a player concept and an auction. Up to five players can be acquired directly by a franchise, outside of AUDRA.