IPL cancellation: What it means
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Stakeholders
The Indian Premier League is the country’s largest sporting spectacle and it pays handsomely to be part of the spectacle - to television networks, players, cricket associations and stadiums.
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BCCI
The backbone of India’s cricketing world, and the organisation that stands to lose the most money if the IPL ends up not happening - rough estimates put BCCI losses at Rs 2000 crore
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Advertisers
Every year the IPL broadcast serves up a perfect stage for hundreds of advertisements - with last year’s edition getting over Rs 500 crore in ad money alone - cancellation means advertising agencies lose out on all their ad revenue and visibility. (File & Representative image)
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Franchises
Each franchise earns Rs 200 crore for playing in the league, from a common pot on top of all other revenue streams, the cancellation would leave franchises short for the next season - if it happens.
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Broadcasters
The IPL broadcast takes up prime slots on television and in a country obsessed with the game, earns broadcasters close to Rs 4000 crore in fees and miscellaneous revenue, all of which could be gone.
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State cricket associations
Each franchise has a home stadium - run by the local state cricketing body - that earns through ticket sales and hoardings. State associations who run these stadiums could lose close to Rs 50 crore.
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Players
Each player earns match fees, exclusive of bonuses, with high profile players like Virat Kohli and M S Dhoni earning over Rs 10 lakh per match with total fees for all players amounting to Rs 700 crore over the course of the season. All of it could be gone.