Islamabad: The dismal performance in the World Cup continued to haunt the Pakistani players as the country's cricket Board has decided to deduct 50 per cent of their total earnings for the team's early exit from the mega event. "This was an agreement signed before the World Cup and the players agreed to performance-based terms and conditions," Pakistan Cricket Board (PCB) spokesman Samiul Hasan was quoted as saying by the BBC Sports website on Friday. "The agreement was that if they failed to go beyond the preliminary rounds, they would face 50 per cent deductions from their total earnings from the tournament," Hasan said. The accounts department of the Pakistan Cricket Board (PCB) has completed paper works on the amount to be deducted from each player's total earnings in the World Cup. PCB officials here said that the players can not complain about the deductions as they had agreed to the performance-based formula in their contracts. "The players can't complain, because they all agreed to the World Cup contract prepared by the Board which was a performance based one," a Board official told the local daily 'The News'. "The performance based formula is simple. If the players perform well to a certain level they get additional percentage of their total earnings which includes match fees and tour fees. If they perform badly they lose a percentage of their earnings," the official said. "The 50 per cent deduction was agreed upon in the contract for failing to qualify for the Super Sixes. And similarly if they had qualified for the final or won it each player stood to earn a bonus of Rupees 50 lakh (approximately $ 90,000) apart from the prize-money and their regular fees," the official said. Each Pakistan player stood to earn about Rupees one crore from different avenues if the team had reached the final or won it. The newspaper said that senior-most member of the World Cup squad, Wasim Akram earns an approximate fee of Rs 2.5 lakh for each One-day International. The performance-based formula was worked out and incorporated into the players' contracts along with the slab system before the start of the World Cup. Extras:
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Tags: cricket, world cup 2003, pakistan cricket board (pcb), samiul hasan, bbc sports website, world cup contract, super sixes, wasim akram.