Latest News on IPL 2020: How much will the BCCI lose if IPL 2020 gets canceled?

How much will the BCCI lose if IPL 2020 gets canceled: The future of the forthcoming season of the Indian Premier League remains uncertain.

India Prime Minister Narendra Modi announced a 21-day lockdown across the nation yesterday. The same means that the citizens of the country will have to remain indoors till April 14.

The forthcoming season of the Indian Premier League, which was postponed till April 15 more than a fortnight ago, still doesn’t have a confirmed start date.

In a recent interaction with IANS yesterday, BCCI President Sourav Ganguly laid emphasis on things not changing making it difficult for him to take a call on the future of the tournament.

While nothing can be said at this point in time, another BCCI source stated first week of May as the deadline to begin IPL 2020. If the tournament gets cancelled altogether, it will incur a huge amount of monetary loss for all the stakeholders.

How much will the BCCI lose if IPL 2020 gets canceled?

If a report published in Business Today is to be believed, a loss in vicinity of INR 3,269.5 crore will come across if the tournament gets canceled. In addition to the broadcast and streaming revenue, the aforementioned amount also includes central and title sponsorship revenues of INR 200 crore and INR 400 crore respectively.

As far as the players of the eight franchises are concerned, they will experience a loss mounting around INR 600 crore.

Royal Challengers Bangalore captain Virat Kohli, who receives INR 17 crore per season, will receive the maximum loss among players. Chennai Super Kings captain MS Dhoni, Mumbai Indians captain Rohit Sharma and Delhi Capitals wicket-keeper batsman Rishabh Pant are next on the list as they get paid INR 15 crore per season.

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Among the players who were bought in the auction this season, Australia fast bowler Pat Cummins bagged the maximum amount after he was bought for INR 15 crore by Kolkata Knight Riders.