Cricket Australia offers Pat Cummins mega contract until 2029 to fend off franchise cricket's $10 million lure

Cricket Australia offers Pat Cummins mega contract until 2029 to fend off franchise cricket's $10 million lure originally appeared on Cricket News . Add Cricket News as a Preferred Source by clicking here . KEY TAKEAWAYS: Cricket Australia offers Pat Cummins a $4 million-per-year contract extension until 2029.

Cummins and Travis Head both previously rejected a $10 million annual offer to play franchise cricket. Head, Marnus Labuschagne, and Cameron Green are also in line for new deals. Cricket Australia moves to tie down Pat Cummins and key players with bumper new contracts Australia Test captain Pat Cummins is reportedly being offered a three-year extension that would take the Australian captain through to 2029 and lift his annual earnings from Cricket Australia to around four million dollars.

It is an increase of roughly one million dollars per year on his current deal. According to The Age , over the full term, the arrangement would be worth approximately $12m. It will be a figure that sits alongside his commercial partnerships and whatever he earns from IPL.

Cummins came in at number fifteen on a recent list of Australia's highest-paid sportspeople, with total earnings last year estimated at between nine and $10m dollars. Earlier this year, Cummins and vice-captain Travis Head were reportedly approached by an IPL franchise with an offer worth close to $10m annually each to walk away from international cricket and commit full-time to the franchise circuit. Both players had been part of Sunrisers Hyderabad's IPL setup, but despite the staggering figures involved, both turned it down as they remain committed to representing Australia.