MUMBAI: With three competing Twenty20 leagues scheduled for next January, the Emirates Cricket Board-backed ILT20 has reportedly set an early marker to ensure marquee T20 players sign on the dotted line. Not surprisingly, it's all about the money.
As per ESPNcricinfo, each franchise in the six-team ILT20 will have an overall salary cap of $2.5 million. And although the highest wage slot $340,000, a marquee player can also get a maximum of a further $110,000 as a loyalty bonus.