Lahore, March 14 The Pakistan Cricket Board on Saturday denied reports that fines were being imposed on members of its T20 World Cup squad for failing to reach the semifinals of the tournament.
Amir Mir, the PCB spokesperson, refuted the reports that appeared in some sections of the media.
"No player has been fined, but yes, the board is considering a formula for players to receive incentives when they perform well," Mir told reporters here.
Mir noted that each player now earns close to PKR 6-7 crores, so the board is contemplating making them responsible for their performances.
"But nothing is final, and no player has been fined," he added.
It has been reported that each Pakistani player was fined PKR five million after the team's exit from the ICC tournament without reaching the last four stage.
Pakistani cricketers are given central contracts with monthly retainers, in addition to usual match and tour fees and bonuses for winning matches in different categories.
The players also receive a share of the logo sponsorship deal signed by the board.
Last year, it was also agreed that the players would receive a 3 percent share of the annual revenues that the PCB receives from the International Cricket Council, which amounts to close to USD 34 million a year.