Pat Cummins has reportedly been offered a lucrative contract extension by Cricket Australia, taking his annual earnings to around AUD 4 million (roughly Rs. 22 crores) per year as the governing body looks to match the growing financial power of franchise cricket and the IPL.

According to a report by Australian outlet The Age, Cummins has been offered a deal until 2029 If signed, it could be worth around AUD 12 million (about Rs 66 crore) over three years.

The proposed extension would reportedly increase Australia’s captain’s salary by approximately AUD 1 million annually due to the demands of the international schedule, which sees Australia play 21 Tests in a 12-month period.

Cummins, who captains In the IPL, Sunrisers Hyderabad was retained by the franchise for Rs 18 crore before the season.

The report also states that Travis Head, Marnus Labuschagne and Cameron Green are among the Australian players expected to get better deals.

Under Cricket Australia’s current memorandum of understanding, the average male retainer before match fees and superannuation is just over AU$1 million annually. Cummins’ proposed contract is also expected to include more guaranteed money, regardless of how much cricket he plays.

Cummins will be 36 by the time the deal expires in 2029.

pressure to conform IPL?

Cricket Australia’s head of cricket James Allsopp admitted the governing body faces increasing pressure from the franchise market, particularly for players capable of performing across all formats.

“It’s a really tricky balancing act. One thing we know is that market pressure is coming to the players who have the most commercial value,” Allsop said.

“Your multi-format players like Pat, Josh [Hazlewood] And Trav, those players are in high demand. So making sure they remain committed to Australian cricket is a really big priority.

Allsop also stressed the importance of rewarding players who continue to attract television viewers and viewers.

“There’s a world now where they can jump onto the franchise circuit and make a really good life away from Australian cricket, or even away from our BBL, and that wouldn’t be in the best interests of Australian cricket,” he said.

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