According to a report in the "Jang" newspaper, the board officials realized their mistake after the old contacts had already been dispatched to England to be handed over to the players for their signatures.
"After it was realized what had happened the board than sent the new central contracts announced recently for 2013," the report said.
Interestingly, the players have only been sent the last page of the central contracts for their signatures meaning they are not aware as yet about the details and clauses on the other pages of the contracts.
Senior players led by captain, Misbah-ul-Haq had demanded a 50 per cent pay raise in the new contracts but the board settled for much less increasing the monthly retainers by 15 percent plus a 10 percent increase in the test fees.
Players now get a monthly retainer of around 365,000 in the top A category followed by 275,000 and 175,000 in the other categories.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
