One would look at a comparable player in a comparable club. And see how much is the other player getting paid. That can be benchmark to start with. But then there are other factors also.
But players wages also vary depending on the position : a striker or a midfielder typically gets more than a defender. Also player's age and past club's performance plays a major role. Finally the club's financial health also has an impact on the wages. A club with limited financial resources might pay lesser salaries.
Who decides the salaries of the players? are they also paid entirely on rankings?
Hi Sonam, in one word : market 🙂
One would look at a comparable player in a comparable club. And see how much is the other player getting paid. That can be benchmark to start with. But then there are other factors also.
But players wages also vary depending on the position : a striker or a midfielder typically gets more than a defender. Also player's age and past club's performance plays a major role. Finally the club's financial health also has an impact on the wages. A club with limited financial resources might pay lesser salaries.
Can we get a similar simplanation on IPL?