The team of Mumbai Indians won the IPL title for the fifth time. But after becoming the winner due to Kovid 19, the team has suffered heavy losses.
In the final match of Indian Premier League season 13, Mumbai Indians defeated Delhi Capitals by five wickets and won the title. Mumbai Indians, who won the title for the fifth time, also suffered losses due to Kovid 19. Mumbai Indians got a prize money of Rs 10 crore for being the winner this year, while the Delhi Capitals team managed to win an amount of Rs 6.25 crore.
In the 13th season of the IPL, Sunrisers Hyderabad were placed at the third position, while Virat Kohli's Royal Challengers Bangalore had to settle for fourth place. Both these teams got Rs 5-5 crores as prize money.
Why Mumbai Indians lost
Due to Corona virus, BCCI had to face a lot of problems in organizing the IPL this year. Due to Kovid 19, not only was there a delay of 6 months in organizing the tournament, but also due to the entry ban of spectators on the field, the earnings from IPL were also reduced.
Apart from this, Vivo retracted from the title sponsor of the IPL due to a dispute with China in June-July. BCCI got a new title sponsor in the form of Dream XI, but Dream XI paid BCCI 200 crores for a season, compared to Vivo paying Rs 450.
Due to all these losses, the BCCI announced a 50 percent reduction in prize money this year. Earlier, the team that won the IPL title got Rs 20 crore, while the runners-up got 12.5 crore. Teams of the number three and four came to the account of 10-10 crores.