BCCI will lose over Rs 2000 crore of the broadcast and sponsorship money after the IPL 2021 was suspended indefinitely.
“We would be losing anything between Rs 2000 to Rs 2500 crore for the midway postponement of this season. I would say something in the range of Rs 2200 crore will be closer to accurate estimation,” a senior BCCI official told PTI on conditions of anonymity.
“Slash all the payments by half or a bit less and you will be reaching a loss in the range of 2200 crore. The actually losses could be much more but this is a back of the hand calculation for the season,” the official said.
“It is difficult to say what kind of sponsorship and co-sponsorship money they earned this season as the economic climate has been pretty hostile,” he said.