Royals and Kings will Receive a Payout

BCCI set to pay $5m to Chennai Super Kings and Rajasthan Royals

The BCCI has set a compensation for the two IPL teams who missed out on the Champions League last year because of its cancellation. Chennai Super Kings and the Rajasthan Royals, who had made it to the finals of the first ever IPL and in the process qualified for the Champions League of 2008 have been allocated $5 million each by the BCCI as compensation for the cancellation of the tournament due to terrorists attacks.

The rules stipulate that there will not be any compensation that the Champions League will provide to any team because of cancellation. However, if the respective cricket board from a country deems it fit, they can dole out money as compensation to their own team. In this case, the BCCI has invoked this clause in making the payout.

However, not all members within the BCCI are happy with this, as they say that this could create a bad precedent. There is also a question of the amount of compensation which the teams have been paid, which is much more than what they would have earned even if they would have played in the tournament! However, there is another school of thought that says that the BCCI is justified in helping out its stake holders and hence, the payout makes sense.