The outbreak of the coronavirus pandemic has brought the world to a standstill around the planet. Almost 8 lakh individuals have been affected by his deadly virus and around 40,000 people have lost life around the globe. The effects of the pandemic are evident in every country as almost half the population of the world has been under a lockdown state due to the coronavirus debacle.
India’s Prime Minister Narendra Modi has also announced a 21-day lockdown in the country to tackle the pandemic. Because of that, the future of the 13th edition of the Indian Premier League (IPL) seems to be in jeopardy as it has already been suspended till April 15 in the wake of coronavirus outbreak. However, considering the current situation in the country, the tournament might be called off or postponed further to July or September.
The ardent IPl fans are eagerly waiting for BCCI to announce an alternative window later this year when the tournament could be played by compromising a few bilateral series. Furthermore, the postponement of the league has affected players as well.
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Talking about the players’ salaries to the Hindu, a senior BCCI official said, “The system of IPL payments is that 15% is paid a week before the tournament starts. 65% more is paid during the tournament. The remaining 20% is paid within a stipulated time after the tournament ends. The BCCI has specific guidelines. Obviously, no player will be paid as of now.”
With the postponement of such a grand tournament, the economic aftermath was supposed to be huge, according to BCCI Players’ body — the Indian Cricketers’ Association — president Ashok Malhotra. He reckons that even the domestic players will have to suffer due to the ongoing scenario. The domestic players may have to accept pay cuts if the losses eventually amount to thousands of crores, according to Malhotra.
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Describing the same, the official revealed, “We will not get any money from the insurance company as a pandemic is not covered in the clause. Each franchise has salary overheads ranging between ₹75 to 85 crore. How can we pay if there’s no action? From English Premier League, La Liga to Bundesliga, players are taking pay cuts. Also, there is no certainty anywhere as to when things will get normal.”