"Instead of a three-month central contract, the board has verbally assured the players that when they return home, they will be issued a fresh 12-month contracts backdated from January 1, 2015," a source said.
The source also said that since PCB had to ensure that the players in New Zealand and Australia were contracted to them to cover issues of payments, discipline and other commercial stakes, it would probably issue special tour contracts now.
The 15-member World Cup squad and even those 18 who are not selected for the event, had refused to sign the three-month central contracts offered by the board when the team left for New Zealand.
The players led by seniors had expressed concerns over certain clauses and loss of payments in the three-month contracts.
Despite manager Naved Akram Cheema asking them to sign the short contracts, the players stuck to their stance with senior player Saeed Ajmal meeting with board officials in Lahore on behalf of the others to sort out the issue.
