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The current status of the Indian Premier League
IPL 2020

The current status of the Indian Premier League

One of the most lucrative leagues of the world, the Indian Premier League has also come under the fear of Corona Virus. Following the launch of Global Health emergency, BCCI has decided to postpone Indian Premier League till 15th April. Initially, it was decided that the tournament will be played behind the closed doors and its start was due on the original date that was 29th March.

However, with the suspension of global flights, the arrival of foreign players was in doubt and they were not available until 15th April as the Indian Government suspended the issuing of visas. Under these circumstances, the franchise owners realized the loss of money that was imminent, therefore, they requested BCCI to postpone the tournament till the arrival of the foreign players.

Moreover, the Delhi government has also imposed a ban on hosting any matches of Indian Premier League which means that the BCCI will have to conduct games with one venue less. IPL, being a cash machine incentivized BCCI and the franchise owners to be on the same page and postpone the league. In 2017, the IPL broadcasting rights were sold for 2.55 billion USD. Every franchise made an estimated profit of 150-200 crores INR. Therefore, playing behind closed doors and no foreign players might lead to huge loss for not just BCCI but also the franchise owners.