Rohit-Kohli will suffer a big shock, up to 200 crores due to a decision! Learn the whole matter
Huge mony loss for ipl and players: The Government of India has implemented strict laws on online gaming, which is going to lose crores to Indian cricketers and IPL. After the new law, neither companies will be able to bring online money games nor the government will allow the promotion of these games. It has the most impact on the star players and leagues of the Indian team.
Many cricketers including Virat Kohli, Rohit Sharma, Hardik Pandya of Team India were promoting these online gaming platforms for a long time. MS Dhoni and Suresh Raina have also been associated with these platforms. The IPL also watched the promotion of these games on a large scale, which contributed huge to the earnings of players and teams.
These players will suffer loss
According to Cricbuzz report, Virat Kohli was earning Rs 175-200 crore annually from MPL’s brand endorsement. After the new law, this earnings will be closed from next year. At the same time, Rohit Sharma used to get Dream 11 to 50-60 crores, but this year, due to the end of the deal, he can suffer a loss of about 6-7 crores. Mohammad Siraj, Shubman Gill and Yashasvi Jaiswal were promoting the 11 circle app. Now all these online gaming earnings have completely stopped.
IPL also got a big shock
Not only the players have suffered a shock, IPL has also suffered heavy losses. BCCI used to get Rs 125 crore annually due to the Associate Sponsorship of My11 Circle, but now the deal has been affected. Franchises like KKR, LSG and SRH are likely to lose up to Rs 10-20 crore annually. Apart from this, the advertising industry may suffer a shock of about Rs 8,000-10,000 crore annually.