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IPL owners to send joint letter to BCCI questioning prize money cut
New Delhi, March 6: The Board of Control for Cricket in India's decision to cut the playoff prize money of the Indian Premier League by 50 per cent has not gone down well with the eight franchises. After discussions over the last two days, the franchises have decided to raise the issue with the BCCI through a letter -- signed by all the owners -- that will be sent to President Sourav Ganguly in the next 24 hours.
Speaking to IANS, sources in the know of developments said that all the franchises are together in this and discussions were held for close to 48 hours before it was decided that a joint letter must be sent informing the BCCI that the move hasn't gone down well with them.
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