The BCCI is likely to scrap CLT20 this year, replace it with another T20 tournament, involving all the eight IPL teams.
This tournament is most probably starting from this year and the duration of the event will be maximum 15 days.
The broadcaster will instead pay a collective fee of $300 million to the cricket boards of India, Australia and South Africa.
Jagmohan Dalmiya thanked the officials of the Bangladesh Cricket Board and Cricket South Africa for coming on invitation to watch the IPL 2015 final.
Thakur said the Syed Mushtaq Ali Trophy will be held before the IPL auction from next year.
The CLT20 has failed to capture public imagination like the IPL.
BCCI is exploring options for a new league in September to replace the scrapped Champions League Twenty20.
It was believed that the cash-rich Champions League Twenty20 (CLT20), which began in 2009, was about to get scrapped as the tournament failed miserably.
The Champions League Twenty20 was launched in 2008 and the first edition was held in 2009.
Former BCCI President N Srinivasan just cannot keep himself out of controversies. Some or the other way, he keeps himself surrounded by them and always in the wrong way.