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Latest Update:

It has been reported that the second phase of the Indian Premier League is set to resume from September 19 in the UAE.
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UAE and UK are the potential venues where the rest of the IPL can be hosted and Sri Lankan cricket has also put his hat in the ring to extend a helping hand to the Indian board.
Ganguly admitted that it is difficult to say how the novel virus entered the bubble, Reports suggest that the BCCI is looking at a suitable window in September to complete the remaining 31 matches. There is nothing official on it.
It would now be interesting to see when and how IPL resumes as the T20 World Cup is also scheduled to take place this year.
Stands to lose over Rs 2000 crore of the broadcast and sponsorship money earmarked
On 4 May 2021, the tournament was suspended indefinitely, after a rise in COVID-19 cases.

How Much lose for IPL Postponed/Suspension:

The biggest loss for BCCI is the money it gets from Star Sports for the broadcast rights of the tournament.
Star has a five-year contract worth Rs 16,347 crore which is Rs 3269.4 crore per year. If there are 60 games in a season, the per match valuation comes to approximately Rs 54.5 crore.
If Star Sports pays per match, then the amount for 29 matches would be Rs 1580 crore approximately out of what would have been Rs 3270 crore for a full tournament. This means a loss of Rs 1690 crore for the Board.
Similarly, mobile manufacturers VIVO, as tournament’s title sponsors, pay Rs 440 crore per season and BCCI is likely to get less than half of that amount because of the postponement.
Add to it, associate sponsor companies like Unacademy, Dream11, CRed, Upstox, and Tata Motors, who pay in the range of Rs 120 crore each. Some subsidiary sponsors are also there.

Reasons for Postponed (Step-by-step)

Due to the worsing COVID-19 situation in India, several players withdrew from the tournament.
After the Chennai leg of the tournament, R Ashwin left the Delhi Capitals bubble to "support family" during the pandemic.
On 3 May 2021, the scheduled match between Kolkata Knight Riders and Royal Challengers Bangalore was postponed after two Kolkata players tested positive for COVID-19.
On the same day three members of the Chennai Super Kings camp - including their bowling coach Lakshmipathy Balaji tested positive.
Later the same day, all of the Delhi Capitals team went into quarantine.
Similarly, Mumbai Indians and Sunrisers Hyderabad skipped their practice sessions ahead of their match on 4 May.
As a result, the BCCI looked at hosting the remaining fixtures of the tournament in Mumbai.
On 4 May 2021, Chennai Super Kings vs Rajasthan Royals match, scheduled for 5 May 2021, was also postponed due to Chennai players being in quarantine.
Later the same day, Hyderabad's Wriddhiman Saha and Delhi's Amit Mishra tested positive for COVID-19.
On 4 May, the season was suspended indefinitely.
The world’s richest cricket board – Board of Control for Cricket in India – stands to lose over Rs 2000 crore of the broadcast and sponsorship money earmarked for this year’s Indian Premier League which was indefinitely postponed on Tuesday due to COVID-19 cases in its bio-bubble.

IPL 2021: The Indian Premier League 2021 has been suspended, the BCCI Vice-President Rajeev Shukla has confirmed. The news comes moments after the Bombay High Court agreed to hear an urgent plea to suspend it.

With majority of the teams having cases, it was just a matter of time before the tournament was suspended or rescheduled. In a scenario where the tournament is rescheduled, the possibility of having more double headers will be always on the cards. The kind of impact it will have on the international calendar also remains to be seen since the Test championship is scheduled to be played in the month of June.

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IPL 2021 Canceled., COVID-19 (Image: IPL)

The Indian Premier League 2021 has been suspended, the BCCI Vice-President Rajeev Shukla has confirmed.
The decision comes after reports of multiple players and members of the teams set up testing positive inside the bio-bubble.
The latest in the list of IPL players to test positive is Wriddhiman Saha, the Sunrisers Hyderabad wicketkeeper. “The IPL has been suspended for the time being. Efforts on to set up a fresh bubble in Mumbai and look at a resumption. But, at the moment, it is far from certain that this will happen. #IPL,” Cricket Journalist Anand Vasu tweeted.

The news comes moments after the Bombay High Court agreed to hear an urgent plea to suspend it. Earlier, the Indian Premier League 2021, keeping in mind deaths and cases from the deadly Covid 2.0. The plea has sought damages of Rs 1000 crores from the BCCI and profit from IPL for medical treatment and oxygen for #COVID19, Live Law reported. A similar PIL has been filed in the Delhi high court as well. The plea in Delhi High Court also seeks directions to stop IPL Matches with immediate effect. It further requests to have an enquiry as to why such matches have been prioritised over public health.

29 matches have been played so far in the IPL season 14.

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