WICB to roll out new MOU

The West Indies Cricket Board (WICB) is proposing to roll out a new Memorandum of Understanding (MOU) featuring a players’ contract plan embracing 99 players and worth in excess of US$800 thousand.



The decision was taken by the WICB’s directors at the two-day Annual General Meeting.



WICB president Julian Hunte said the new agreement should be in effect by October 1 this year so that the board can plan for the future.



Under the new plan, 15 players will receive annual retainer contracts and the remaining 84 will be offered newly introduced, yearly Territorial Contracts.



The WICB has also proposed to add all players who are awarded retainer and/or territorial contracts to the Players’ Provident Fund, which goes towards retirement.



At present, only persons selected to the senior West Indies team are members of the Fund.



Any non-contracted player who is selected to play would receive a Pay-for-Play contract.



Hunte added that the new MOU, which should be in place until September 2010, is also expected to outline the structure of player salaries.