BCCI president Sourav Ganguly has raised concerns about the financial condition of the cricket board of the country if the IPL 2020 does not happen. The former Indian skipper said that the BCCI would suffer loss to the tune of Rs 4,000 crore if the tournament, a cash cow, gets cancelled due to COVID-19 pandemic. Yet, Ganguly said that the board would not go in for wage cuts of players and staff.
IPL 2020 was scheduled for a 29 March beginning this year but was suspended till April when the Indian government stopped issuing foreign visas in a bod to stop the arrival of coronavirus from other countries. The situation worsened for IPL with the beginning of the India-wide lockdown.
BCCI had no choice but to postpone this year’s IPL for an indefinite period. “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,” Ganguly said.
“If the IPL takes place, we won’t have to go in for pay cuts. We’ll manage things,” said Ganguly.
There were suggestions to host the IPL behind closed doors with no spectators in the ground. Reacting to the same, Ganguly said, “Yes, the attraction will be less. I remember playing in such a scenario at the Asian Test Championship game against Pakistan in 1999 and there was a clear lack of excitement.”
“If you have matches with a restricted crowd, not only would strict social distancing rules apply, the officials would also have to be very careful about how the spectators leave the galleries for home. The policing will have to be very strict. It’s a tough call and the situation we find ourselves in, is grave,” Ganguly added.
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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. Indian skipper Virat Kohli, white-ball vice-captain Rohit Sharma and Jasprit Bumrah are three players in the A+ category.
Players in Grade A are those who are regular in Tests or in ODIs and T20Is. The Grade B includes players who play at least one of the formats but are not confirmed selection in the playing XI on every occasion. All the newcomers and irregular members were given a Grade C contract.
In the women’s division, 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.