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IPL   

Rs 735 Crore Windfall For Associations Staging IPL

The staging associations of the Indian Premier League (IPL) will receive a financial compensation of Rs 1.5 crore for each match. For instance the Mumbai Cricket Association (MCA) will get Rs 10.5 crore from seven home matches of the Mumbai Indians. Other associations like Tamil Nadu, Karnataka, Hyderabad, Bengal, Delhi, Uttar Pradesh and Gujarat too will get the same. The Punjab and Rajasthan Cricket Association will get the equivalent for five matches because the Punjab Kings will play two at Himachal Pradesh (Dharamsala) and the Rajasthan Royals have already played two in Assam (Guwahati). In all the 10 staging associations will get Rs 735 crore for the 70 league matches. The four playoff matches — two each at Chennai and Ahmedabad — will be conducted by the BCCI. In 2008 the BCCI had allotted Rs 200 crore to be disbursed to its full members together, all this has gone up manifold. The players are not the only stakeholders who have benefited from the IPL, the members of the BCCI too have with different revenue streams in place. With the pandemic forcing the IPL to be played in the Middle East in 2020 and 2021, the home team associations lost substantial money. But it has been a windfall this season, the money could be deployed for stadium maintenance and other activities of the State association. The MCA (Mumbai) can even fund to an extent the activities of some well-run clubs that win local tournaments.