How much loss will BCCI suffer if IPL gets cancelled ?
The global pandemic COVID-19 has certainely affected almost every fields including sports.Board of Control for Cricket in India (BCCI) has revealed how much loss will it suffer in case the most awaited Indian Premier League (IPL) gets cancelled due to the pandemic.
The President of BCCI, former Indian captain Sourav Gangulysaid that the BCCI will suffer loss to the tune of Rs 4,000 crore if the cash-rich tournament gets cancelled. Ganguly hinted that cricketers might suffer pay cuts if the league doesn't take place.
"We will have to examine our financial situation, see how much money we have and take a call. Not hosting the Indian Premier League (IPL) will cause losses to the tune of Rs 4,000 crore which is huge." said Ganguly.
How much Indian players earn?
The present Grade system sees players in Grade A+ category earn Rs 7 crore/per year. Players in Grade A, B and C have a salary of Rs 5 crore, 3 crore and 1 crore, respectively.
Grade A+ Players
Grade A Players
In case of women players, players in Grade A earn Rs 50 lakhs while players in Grade B and C have a salary of Rs 30 lakhs and 10 lakhs, respectively.