Three cricket boards paid about $1.05M to release players for IPL

The cricket boards of Sri Lanka, South Africa and New Zealand have together earned US$ 1 million collectively for releasing their players to play in the ninth edition of the Indian Premier League, which commenced on April 9.

The cricket boards of Sri Lanka, South Africa and New Zealand have together earned about US$ 1.05 million collectively for releasing their players to play in the ninth edition of the Indian Premier League, which commenced on April 9.

Three cricket boards have earned about $1.05 million for releasing their players for IPL 2016. (PTI)

Cricket Sri Lanka has received $243,000 (Rs 1.61 crore), Cricket South Africa $631,000 (Rs 4.2 crore) and New Zealand Cricket $173,000 (Rs 1.1 crore) for release of their players to play for various franchises in the cash-rich T20 league, as per the details of payment provided by the BCCI through its monthly disclosure of spending.

Cricketers from Australia, England, West Indies and Bangladesh too are playing in the IPL and their respective cricket boards are also expected to be paid by the BCCI for releasing their players for the league.

The BCCI has also incurred an expenditure of $253,770 (Rs 1.7 crore) towards Spidercams used during the TV coverage of the recently-concluded ICC World T20, as per the disclosure.