Indian cricket chiefs are sticking with plans to salvage the cash-rich IPL tournament this year even if it means playing in empty stadiums, the country’s board president Sourav Ganguly said Thursday.
— ESPNcricinfo (@ESPNcricinfo) June 11, 2020
The world’s richest Twenty20 tournament is heading for the first wipeout of its 12-year history after being repeatedly postponed because of the coronavirus.
The IPL remains BCCI’s biggest money spinner annually, with the board deriving a large portion of its revenue from its lucrative league, thanks to the record media rights deal worth INR 16,347.5 crore (approx. US$ 2.55 billion) signed in 2017.
If there is no IPL this year, the BCCI stands to lose around INR 4,000 crore (US$ 530 million approx.) from the media rights deal.