Issuing a statement, Sri Lanka Cricket said Rs. 85 million has been allocated for the contracted cricketers.
The players have been selected for contract based on their participation during 2016-2017.
The media release said : "20 first class players who had performed at the highest level during the last season, 23 players under the emerging category to encourage them to perform well in the domestic tournaments, 29 players from the under 19 age group category, 14 former national players and 17 other players, who have represented Sri Lanka in the recent past, but were left out of the national contracts, are among the players selected to be given new contracts for the year 2017/2018 season."
"Apart from the above annual contacts given by Sri Lanka Cricket, all these players are entitled to normal financial assistance given by their respective clubs," it added.