BCCI pays the first installment of their share to all the franchises ahead of the IPL 2018
KL Rahul and Amit Mishra also received their pending dues.
Updated - Apr 6, 2018 5:21 pm
The Board of Control for Cricket in India (BCCI) has released the details of all the payments done by them over Rs 25 Lakhs in the month of March. The world’s richest cricket board has paid all the franchises the first installment of their share of NCR for the upcoming season of Indian Premier League (2018). Moreover, they have also cleared the payments of the Cricket Associations which includes the salary of the staff members, security and housekeepin personnel for the financial year 2017-18.
The Indian cricket board is currently gearing up for the successful organisation of the eleventh edition of the IPL. The tournament will commence on April 7 and a grand opening ceremony will be held prior to that during which the Star Bollywood actors will set the stage on fire at the Wankhede Stadium in Mumbai.
KL Rahul and Rahul Dravid also get their pending dues
BCCI has concentrated on paying the first installment of their share to all the eight franchises to avoid any confusions during the course of the tournament. While the amount sums up to around Rs 91.8 Crores for all the franchises, the owners of Kings XI Punjab and Mumbai Indians have received the maximum payment of Rs 96.79 Crores and 97.25 Crores respectively. Meanwhile, GMR Sports Private Limited which owns Delhi Daredevils have also received a whopping amount of Rs 95.05 Crores ahead of the tournament.
Also, the likes of KL Rahul, Rahul Dravid and Amit Mishra have been paid their pending dues by BCCI. Rahul was paid Rs 89.55 lakhs as they released all the details on their official website bcci.tv. Dravid received his professional fees for the month of February of Rs 40.5 Lakhs whereas Mishra bagged Rs 28.54 Lakhs as the share of gross revenue of the year 2011-12 for the tournaments held outside India. The maximum amount cleared though was related to Income tax the details of which are given on their official website.