Image courtesy: Twitter
IPL has now become a global brand since its inception Image courtesy: Twitter

New Delhi: BCCI president Anurag Thakur today wrote an emotional letter to all state association stating that “in light of recent comments made against IPL, all members need to collectively decide, whether to stop this ‘extravaganza’.” Thakur wrote that he is “pained at the frivolous comments that have been made about the IPL including calling it an “extravaganza”.” Thakur stated in his letter about the financial gains of BCCI due to the cash-rich league. ALSO READ: BCCI to discontinue Ranji Trophy 2016-17?

“In the last nine years, state associations have got Rs 2,406 crore from the IPL profits, the further investment in the game. BCCI has paid Rs 110 crore from the IPL profits to ex cricketers as onetime benefit, those who were not covered under platinum jubilee scheme of the board.” Thakur also mentioned about the study conducted by KPMG which stated that “IPL 2015’s economic impact on Indian economy was Rs 2,650 crore besides providing employment to a number of people, directly and indirectly. It’s contribution to Indian GDP is Rs 1150 crore.”

The president also mentioned that IPL paid Rs 2,244 crore directly in various taxes over nine years. The Indian cricket board stands to lose crores of rupees if the retired Justice RM Lodha panel s recommendation to keep a 15-day gap between the Indian Premier League (IPL) and the domestic calendar was implemented, board president Anurag Thakur said earlier. Averring that a part of the money earned by the board is paid to past cricketers, he said a purse of over Rs 110 crore has been distributed among cricketers of the past.