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BCCI Set To Incur Losses Of Over Rs 2000 Crore Due To Covid-Forced Indian Premier League 2021 Postponement, Says Report  | Cricket News

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BCCI Set To Incur Losses Of Over Rs 2000 Crore Due To Covid-Forced Indian Premier League 2021 Postponement, Says Report  | Cricket News





The BCCI stands to lose over Rs 2000 crore of the broadcast and sponsorship money earmarked for this year’s Indian Premier League (IPL) which was indefinitely postponed on Tuesday due to COVID-19 cases in its bio-bubble. The BCCI was forced to postpone the IPL after multiple cases of COVID-19 among players and support staff emerged from Ahmedabad and New Delhi in the past couple of days. “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.

The 52-day 60-match tournament would have concluded in Ahmedabad on May 30. However, only 24 days of cricket was possible with 29 completed games before the virus halted proceedings.

The biggest loss for BCCI is the money it gets from Star Sports for the broadcast rights of the tournament. Star has a five-year contract worth Rs 16,347 crore which is Rs 3269.4 crore per year.

If there are 60 games in a season, the per match valuation comes to approximately Rs 54.5 crore. If Star pays per match, then the amount for 29 matches would be Rs 1580 crore approximately out of what would have been Rs 3270 crore for a full tournament. This means a loss of Rs 1690 crore for the Board.

Similarly, mobile manufacturers VIVO, as tournament’s title sponsors, pay Rs 440 crore per season and BCCI is likely to get less than half of that amount because of the postponement.

Add to it, associate sponsor companies like Unacademy, Dream11, CRed, Upstox, and Tata Motors, who pay in the range of Rs 120 crore each. Some subsidiary sponsors are also there.

“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.

The loss of a substantial amount of money will also reduce the central revenue pool for the season (the money that BCCI distributes among eight franchises) to nearly half.

The official, however, didn’t divulge how much each franchise would lose due to the suspension of the tournament.

“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.

Players’ payment would be based on duration rather than pro-rata. In case players are available only for a part of the tournament, the salaries are paid on pro-rata basis which means “assigning an amount to one person according to their share of the whole”.

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However, a senior player said that pro-rata is only applicable when a player voluntarily makes himself available for only a part of the tournament based on the matches available.

In this case, the organisers have halted the event so the franchises are likely to pay for at least half of the season.

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England players unlikely to feature in rescheduled IPL: Giles

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England players unlikely to feature in rescheduled IPL: Giles


England’s centrally contracted players are likely to miss the remainder of the COVID-19-hit Indian Premier League (IPL) season if the Twenty20 tournament clashes with the international schedule, managing director Ashley Giles said on Monday.

The IPL was suspended indefinitely last week after several players and support staff tested positive for COVID-19. India reported 366,161 new COVID-19 infections on Monday, taking the case load to 22.66 million.

A potential window to complete the IPL is before the Twenty20 World Cup in October when England is scheduled to tour Bangladesh and Pakistan.

“If those tours go ahead I’d expect them (players) to be there,” Giles told British media. “We’re planning on the involvement of England players in England matches.”


Sri Lanka vs India: Colombo set to host the entire ODI, T20I series

 

Giles had previously agreed that England players who were involved in the latter stages of the IPL could miss the two-test series against top-ranked New Zealand starting June 2.

“The New Zealand scenario was very different,” Giles said. “Those matches were formalised at the end of January, by which time contracts were signed for players to have full involvement in the IPL.”

Following the postponement of the IPL, England internationals Jos Buttler, Sam Curran, Chris Woakes, Jonny Bairstow and Moeen Ali – all currently serving their 10-day isolation period in government-approved hotels – could now be available for selection.


Veda Krishnamurthy cautions about COVID after losing mother, sister

But Giles said those in quarantine will not be rushed back into the team and England is likely to consider a bigger pool of players this summer.

“We need to look after them, with the amount of cricket they’ve got coming up, we’re not going to rush or force them back into cricket,” Giles said.

“(Head coach) Chris Silverwood will work with each and every one of them, as will our medical teams, on what’s best for their progress.”



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“How do you raise a black son?”- Din Thomas asks Michael Chandler a fascinating question

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“How do you raise a black son?”- Din Thomas asks Michael Chandler a fascinating question


In the latest episode of Din Thomas’ YouTube series ‘Din Dairies,’ the former fighter went over to Florida to meet up with UFC lightweight, Michael Chandler. Chandler is currently preparing for a lightweight title shot against Charles Olivera at UFC 262.

In the video, Thomas and Chandler initially train together at Sanford MMA before going to Chandler’s house to watch some tape on his upcoming opponent. However, the conversation quickly shifts to how Chandler has to spend time away from his family to fight.

“How do you raise a black son?”

This leads to Thomas asking how Michael Chandler responds when people ask him how he raises a black son as a white man. Chandler’s response was considered and thought out. He stated the following:

“Well, I think it adds an extra wrinkle to it, obviously. Because of, you know, kind of different experiences in life. I can’t say I know what it’s like to be a black man in America. But I would say that number one, it goes back to whether he’s black, white or any race in between, how do I raise a good man?”

“A loving man, a joyful man. A man who believes in himself to do ridiculously amazing things with the gifts that God has given him. And then all of the other stuff will, I think, take care of itself. God will put people in his life who may be able to educate him more on the African American community or African American struggles,” explained Michael Chandler.

Michael Chandler went on to say that whilst he is attempting to do his own research on the matter, he does not want to overcompensate for it.

“I have been trying to do more and more research. I want to be well-read or well versed on it but I also don’t want to overcompensate too much for it as if it is the most important thing. Because I don’t think race is the most important thing. And I don’t know if that’s the right answer or the wrong answer. I’m still trying to figure it out,” said Michael Chandler.

As Michael Chandler states in the video, he must be away from his son and wife whilst he travels to Texas to fight at UFC 262. Despite being only one fight into his UFC career, Chandler is already set to fight for the vacant lightweight title.






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“He’s the king of the light-heavyweight division” – Jiri Prochazka talks about a potential fight with Jon Jones

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“He’s the king of the light-heavyweight division” – Jiri Prochazka talks about a potential fight with Jon Jones


Jiri Prochazka has opened up on a potential fight between him and former UFC light-heavyweight champion Jon Jones. Prochazka is 2-0 in the UFC so far, with his most recent fight seeing him score a second-round KO win over Dominick Reyes at UFC on ESPN: Reyes vs. Prochazka.

In a recent interview with RT Sport MMA, Jiri Prochazka opened up on multiple topics, including Dominick Reyes and Jon Jones. On being asked whether he feels sorry that Jon Jones isn’t in the light heavyweight division right now, Jiri Prochazka stated:

“That’s a good question because he’s the king of the light-heavyweight division, yeah. And I think he will be the greatest opponent in the light-heavyweight division for me. But he’s now in heavyweight. So, what now? Yeah, I’m a little bit sorry. I’m sorry for that. But I think when he will be in light-heavyweight, that will be more dangerous for everybody.”

The interviewer then noted what Jiri Prochazka was insinuating; the fact that Jon Jones fighting at light-heavyweight would be better for the division. Prochazka replied to this assertion by saying:

“Yeah, but I think he hasn’t the motivation anymore for light-heavyweight. And he needs some change in the fighting lifestyle or whatever.”

The Czech MMA star, known by fans as ‘Denisa’, also addressed the UFC 247 fight between Jones and Reyes, which saw the champion win via unanimous decision and successfully defend his UFC light-heavyweight title.

“If you want to take a title and take a title, you need to beat this holder of title definitively, like KO or TKO. And that Dominick didn’t do. So, I think that fight (Jon Jones vs. Dominick Reyes), it was close, but it was right to Jones to win that fight,” said Prochazka.

“His performance (Reyes) in this fight was much better than Jones. But to beat the champion, you need to knock him down – Because Jon Jones wins all the fights, lasts all his fights,” added Prochazka.” (*H/T Sportskeeda for the transcription)

Jiri Prochazka feels that if Dominick Reyes had beaten Jon Jones, perhaps via KO or TKO, he would have deserved to be awarded the UFC light-heavyweight title.

Prochazka also alluded to Jones’ recent performances. He opined that Jones simply used minimal activity, great defense, and controlled the movement in the fight to successfully defend his title.

Jiri Prochazka aims to win the UFC light-heavyweight title

Jiri Prochazka (left); Dominick Reyes (right)
Jiri Prochazka (left); Dominick Reyes (right)

The general consensus in the MMA community is that Jiri Prochazka or Aleksandar Rakic could fight the winner of the UFC 266 title fight between reigning UFC light-heavyweight champion Jan Blachowicz and challenger Glover Teixeira.

Jiri Prochazka has repeatedly asserted that his goal is to continually evolve as a martial artist. Many in the MMA world believe that Prochazka is likely to capture the coveted UFC light-heavyweight title sooner rather than later.

On the other hand, Jon Jones vacated the UFC light-heavyweight title in August of 2020 and is set to make his debut in the UFC heavyweight division this year.

Jones is expected to fight current UFC heavyweight champion Francis Ngannou for the title. ‘Bones’ has claimed that he intends to win the heavyweight title and cement his legacy as the MMA GOAT.






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