Money Not Justified: Franchises to Protest Additional Staging Fees!

The eight franchises of the cash-rich Indian Premier League (IPL) have decided to write a letter to the Board of Control for Cricket in India (BCCI) expressing disappointment over the body's unilateral decisions.

As per BCCI's recent notification, the prize money to be distributed to the top four teams of IPL 2020 has been reduced by half from Rs 50 crore to Rs 25 crore and the franchises will have to additionally pay Rs 20 lakh per match as venue staging fees to the state associations.

“The least they can do is to involve us in discussions before taking such decisions and sending across emails,” a leading franchise official said.

“It’s all right to say that ‘it’s just R20 lakh per match’. But for seven matches of the season, it amounts to R1.4 crore. It’s the BCCI, which is earning more than R2000 crores from the IPL, but the franchises are not even earning a fraction of that,” he added.