BCCI avoids pay cuts: The Indian cricketing fraternity continues to be devoid of any pay cut due to the ongoing global crisis.
The ongoing novel COVID-19 pandemic has had severe financial repercussions on businesses around the globe. The sports industry, which relieves primarily on live events, has suffered a lot commercially in times of social distancing and lockdowns.
Talking only about cricket, the 13th season of the cash-rich Indian Premier League has been suspended till further notice. The status of the ICC T20 World Cup 2020 also remains doubtful as a final verdict is expected on June 10.
While there are murmurs of IPL 2020 replacing the T20 World Cup, no official announcement has been made till now. As far as the BCCI (Board of Control for Cricket in India) are concerned, they would be hoping to conduct IPL 2020 to avoid losses mounting to INR 3,500 crore.
“IPL not happening will have a huge impact and we will assess the situation before taking a fresh call,” BCCI treasurer Arun Dhumal said in a statement recently.
BCCI avoids pay cuts
Succumbing to the global pandemic, cricket boards around the world are introducing pay cuts to make ends meet in times when no competitive sport is being played. While these cuts are being made across departments, BCCI has successfully managed to not indulge in the same for any of their employees.
Opening up on the matter, Dhumal further said that the board has introduced some cost-cutting measures which are helping them to not force pay cuts on employees including players, support staff and administrative staff.
“The BCCI has done some cost control after the elected office-bearers took charge last October. The process started before the pandemic. But there has been no pay cut or lay-off as of now. We have cut cost on other fronts like travel, hospitality, etc,” Dhumal added.