IPL Players Salary: IPL 2021 is postponed indefinitely due to the covid-19 pandemic. BCCI may have to bear the huge financial loss if it’s not completed.
The fourteenth edition of the Indian Premier League, IPL 2021 got postponed on May 4th after several players from different franchises were tested. A total of 29 matches were played in the tournament before it was postponed.
Many overseas players had left the IPL before stating personal reasons even before the league was postponed. Players left in a soup over their salaries after the huge increase in covid cases resulting in the indefinite postponement of the league.
BCCI will have to bear a loss of somewhere around INR 2000-2500 Crores or $270 million if the tournament is not completed. So, amidst this covid situation in India and the possibility of such huge financial loss, the question arises that will the players receive their full salary now when the IPL is postponed?
According to the standard IPL players contract, the players are paid their salaries in three equal instalments by the franchises. The total salary of all the players in IPL 2021 is INR 483 crores. W
IPL Players Salary: Will the players receive their full salary for IPL 2021?
Yes, the players will receive their full salary for IPL 2021, even if BCCI fails to complete the remaining matches of the 14th edition of the tournament.
The first of the three instalments was paid by the franchises at the beginning of the league while the players have to wait for the league to be completed or to be cancelled before they receive the remaining two instalments.
The BCCI is looking for a window in September, later this year to just before the World T20 which is scheduled in October to finish the remaining 31 games of this year’s edition. There are chances of the tournament being played overseas, just like in 2020 if the situation doesn’t improve in India.
Where Will IPL 2021 Be Held Next?
The English county clubs have shown interest in hosting the remainder of the IPL. UAE too conducted a smooth IPL season last year. So, these two are the available options if BCCI and the IPL committee decide to organize the tournament outside India.
The chances of IPL 2021 resuming and completing the remaining games are quite high as the BCCI looks very determined to finish the remaining games.
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