Connect with us

Hi, what are you looking for?

Sporting ExcitementSporting Excitement

Cricket

Angry IPL franchise owners write to Indian cricket board after prize money was slashed in half

, Angry IPL franchise owners write to Indian cricket board after prize money was slashed in half

OWNERS of all eight Indian Premier League teams have written to the board after prize money for this year’s tournament was cut in half.

Board of Control for Cricket in India (BCCI) officials announced massive cost cuts across the game with the mega-rich IPL also affected.

Kolkata Knight Riders owner Shah Rukh Khan is among those to have written to the BCCI
, Angry IPL franchise owners write to Indian cricket board after prize money was slashed in half
Kings XI Punjab owner Preity Zinta (right) also signed the letter

The winners of the 2020 tournament will earn 10 crore rupees (£1.065m) while reigning champions Mumbai Indians scooped double that amount last year – 20 crore rupees (£2.13m).

Runners-up will now win 6.25 crore rupees (£667,000), down from 12.5 crore rupees (£1.332m) last year.

And that has led to outrage among team owners, according to the Mumbai Mirror.

According to the report, all eight franchises have written to IPL governing council chairman Brijesh Patel to express their displeasure with the decision.

They say the pay cut will cause teams “significant and unexpected financial complication”.

The letter was sent to Patel on March 6 and signed by all eight team owners, the report says.

Advertisement. Scroll to continue reading.
, Angry IPL franchise owners write to Indian cricket board after prize money was slashed in half
Mumbai Indians beat Chennai Super Kings by one run in the final last year

Among those are Bollywood superstars Shah Rukh Khan, who owns Kolkata Knight Riders, and Preity Zinta from Kings XI Punjab.

The 2020 edition of the IPL will begin on Sunday 29 March with a repeat of last year’s final between Mumbai Indians and Chennai Super Kings.

Mumbai edged out Chennai by one run in a dramatic final last year to win their fourth title, making them the most successful team in the tournament’s history.

Advertisement. Scroll to continue reading.
Advertisement
Advertisement

Latest

Tennis

BAFFLED tennis fans blasted Alexander Bublik for his ‘idiot’ shot using his HANDLE as he threw away a final. The controversial Kazakhstani star, 25,...

Boxing

BOXER Ebanie Bridges has revealed her three wildest and weirdest fan requests as she also hit back at “jealous” trolls. Bridges is the current...

Premier League

AS comebacks go, this one could make a Hollywood movie. It was only 15 months ago that Christian Eriksen was fighting for his life...

Boxing

FLOYD MAYWEATHER was caught with a brutal right hand by Mikuru Asakura before going on to knockout the Japanese star. The boxing legend produced...

Premier League

FORMER Arsenal and Chelsea hero Cesc Fabregas has criticised modern managers for not having open communication with their players. The Spaniard recently joined Serie...

Horse Racing

LUKE MORRIS, the rider they call ‘The Sniper’, goes into Sunday’s Arc with a horse who has ‘no chinks in her armour’. And, unusually,...

Advertisement
Advertisement

Facebook