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BCCI Secretary Arun Dhumal confirms loss to the tune of 2000 Cr due to IPL 2021 suspension

The Indian Premier League suspension has brought losses to the richest cricket board and the richest cricket league in the world. Board of Control for Cricket in India (BCCI) Treasurer Arun Kumar Dhumal confirmed that the board is looking down the barrel at a revenue loss of approximately Rs 2000 crore, which if converted, turns out to be $270 million. 

"The ballpark figure for revenue loss would be to the tune of 2000 crore rupees (20 billion)," Dhumal told Reuters. "Given all our contractual obligations, we are yet to find out what would be the actual figure," the Treasurer added. 

It is not just the loss of money that is pinching BCCI, but it is rather the loss of Brand Value and a certain loss of face that the board is more worried about. Duff & Phelps, a financial consultancy firm said that in the last year, the IPL's brand value shrunk by 3.6% to $6.19 billion, mostly due to the pandemic. 

This year, the number could go high as the cricket governing board of the country, which is religiously mad about the sports is facing the ire of the people for conducting the league in the times when thousands of people are dying and more than four lakhs are testing positive because of Covid-19. 

More importantly, STAR Sports, which bagged the IPL's television and digital rights for 2018-2022 for a whopping 163.48 billion rupees and which would shell out about 545 million rupees per game in a 60-match season, would not be paying in full to the board as well. Many sponsors are not keen on fulfilling their 100% financial commitment either as only 29 of the proposed 60 matches have been completed.

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ACA chief warns Australian players, asks them to choose overseas T20 leagues wisely in this pandemic

The Australian Cricketers Association chief executive Todd Greenberg gave an informal warning to the Aussie cricketers regarding their preference of playing overseas T20 leagues at a time when the COVID-19 pandemic is creating a ruckus all around the world especially in India. Greenberg asked them to do their homework while choosing to play in T20 leagues in these tumultuous times. The 14th edition of the Indian Premier had to be suspended after 29 matches after two KKR players tested positive for COVID. In the next two days, more players and support staffs from different bio-bubbles started testing positive which forced the BCCI to postpone the tournament with immediate effect. This is the second tournament in a short while after the Pakistan Super League to be suspended midway. With a huge 40 contingent Australian players and commentators, all of them were stranded in India after the borders were shut for visitors travelling from India atleast till 15th May. The 14 cricketers part of the tournament is now expected to travel to the Maldives and then fly back to Australia via a connecting flight. "I'm not sure it will create reticence but it will ensure players do their due diligence before they sign agreements," Greenberg was quoted as saying by ESPNcricinfo. "The world is literally changing before our eyes particularly with Covid and on that side of the world, obviously, those cases are going up exponentially,” he further added. Several other Australian cricketers withdrew their name from the IPL even before the start of the tournament which included the likes of Mitchell Marsh, Josh Philippe and Josh Hazlewood. Meanwhile, players like Liam Livingstone, Adam Zampa, Kane Richardson and Andrew Tye pulled out midway through the tournament. They narrowly managed to fly back home just in the nick of times before the Australian government closed their borders for anyone travelling from India. "We're enjoying our freedoms here in Australia. It is a very different place over there. If anything it sends a message to players about making sure you do your homework before making any decisions," Greenberg was quoted by ESPN Cricinfo. He promised that the Australian cricketers will be taken care of after they return to the country knowing the fact that many are dealing with anxiety after the virus breached four different bio-bubbles. "I was at pains to point it out during the week, the public will see our best Australian cricketers as almost superheroes, they're brilliant athletes, great cricketers, but they're human beings, some of them are fathers and husbands and they're under enormous amounts of stress," Greenberg said. "Some deal with it differently. This will probably be an experience they will never forget. We will help them when they come home. Some will cope with it really well, others will need support and counselling and that's what we'll do,” he concluded.

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IPL 2021: We will come back stronger says Rajasthan Royals before leaving bio-bubble

With the 14th edition of the Indian Premier League suspended indefinitely, players from all the franchises will slowly start moving out of their respective bio-bubbles and travel back to their respective destinations. It won’t be an easy task for the foreign players as they have to travel via other routes and complete their quarantine duties before leaving for their country. The Australian players and support staffs might have to fly off to the Maldives or Sri Lanka in order to reach home. Only last week the Australian government banned travellers from India atleast till 15th May. While the IPL Hasn’t been cancelled yet, it looks highly unlikely it will return anytime soon this summer. Before leaving, the Rajasthan Royals posted a video on their Twitter handle where every player can be seen thanking the supporters for their support and also promised to come back stronger whenever the tournament restarts. The second wave of COVID-19 has left India gasping for breath. Nearly four lakh cases have been reported for several days now and the death percentage is only increasing with each day. The IPL was one of the sources of entertainment for the people in these tumultuous times but with the virus breaching respective bio-bubbles it was almost impossible for the BCCI to continue with the tournament. Coming to Rajasthan Royals there are occupying the 5th position in the points table. While they have been below par in quite a few matches, they have come out triumphant on a few occasions courtesy individual brilliance. In the last match against the Sunrisers Hyderabad, it was on the back of a special knock from Jos Buttler that RR managed to thrash SRH by 55 runs.

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Kyle Mayers, Bonner, Joshua Da Silva earn West Indies central contracts: Roston Chase dropped

Emerging talents such as Kyle Mayers, Nkrumah Bonner, Joshua Da Silva, Akeal Hosein have earned reckoning in the Cricket West Indies men’s central contracts for the 2021-2022 season. Along with recognising the potentials of the young players, Cricket West Indies have also awarded central contracts to experienced players such as Dwayne Bravo, Kieron Pollard for the white-ball formats. Only Jason Holder has got the all-format contract from CWI while the newly appointed Test captain Kraigg Brathwaite along with Jermaine Blackwood, Rahkeem Cornwall, Shannon Gabriel, and Kemar Roach have got the central contracts for the red-ball format. For the white-ball formats, CWI has put their money on Kieron Pollard, Fabien Allen, Darren Bravo, Shai Hope, Akeal Hosein, Evin Lewis, Alzarri Joseph, Nicholas Pooran and Hayden Walsh Jr. Despite many winners of the central contract of the CWI, there have been some who have been shown the exit door as well. Former vice-captain Roston Chase has lost his all-format contract while players such as Sunil Ambris, Sheldon Cottrell, Shimron Hetmyer, Brandon King, Keemo Paul, Rovman Powell, Romario Shepherd and Oshane Thomas have been shown the door from the contracts for the white-ball formats. “Contracts offered for the 2021-22 period sees 18 players being retained, a decrease of 4 from last year. Jason Holder is the only player to retain his all-format contract due to his strong Test and T20I performances during the evaluation period. There are several new players offered red-ball contracts earned by their strong performances during the last period. A number of players were not retained because they did not meet the minimum requirements,” said West Indies Men’s Team Lead Selector, Roger Harper in CWI statement.