How much money will Sponsors, Broadcasters and Players will lose if IPL 2020 is cancelled?

The lockdown due to coronavirus has hit many countries economically, and the cases are constantly increasing. Due to the lockdown, many big sports events including the Olympics have to be postponed.


Due to COVID-19 epidemic, players are in lockdown and are not engaged in any cricket activities, because of which they are losing millions of money. The Board of Control for Cricket in India (BCCI) has postponed the world's most expensive T20 tournament, IPL, for an indefinite period.

If the IPL 2020 gets cancelled, the BCCI may have to bear the loss of several thousand crores. The title sponsor Vivo may incur a loss of about 400 crores, while the broadcaster Star India may suffer a loss of massive 3269.50 crores.


Vivo has bought the title sponsorship of IPL for a period of 5 years for Rs 2000 crore. While Star India has bought the IPL broadcast rights for whopping Rs 16,347.50 crore.

Not only the Broad, Sponsors and Broadcasters will lose the money, the Indian and foreign players who are sitting at home these days will also have to bear the loss of several million.

Star Indian Players who will lose millions due to COVID - 19:

Virat Kohli, the captain of the Indian team and captain of the Royal Challengers Bangalore in the IPL, is the highest-paid Indian player in the Indian Premier League. For 2020 season, RCB has paid 17 crores to Virat Kohli.


However, the BCCI has made it clear that if the IPL is not organized then no player will be paid under the No Play-No Money Policy. It is worth mentioning that in IPL players get 65 per cent of their contract money before the league, in such a situation, they will have to return this money to the franchisee if IPL is called off for this year.

Former captain MS Dhoni has a contract of Rs 15 crore with CSK for the year 2020. In such a situation, if there is no IPL, he will suffer a double loss. Along with returning the franchise money, he might also lose the chance of making a comeback in the Indian team for the upcoming T20 World Cup.


Rohit Sharma has a contact of Rs 15 crore with Mumbai Indians and was about to make a comeback after recovering from his injury in the IPL, which would have helped him a lot in preparing for the T20 World.

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Suresh Raina, who is known as Mr IPL was eagerly waiting for this season. Raina, who plays for Chennai Super Kings, had an annual contract of Rs 11 crore with the franchise. For the past few years, this is the only tournament in which he is seen playing.


Apart from these, many other domestic and international players will lose millions of money in case the tournament is cancelled going forward.