Tuesday, October 7, 2025
21.1 C
New Delhi

Virat Kohli And Rohit Sharma Face Multi-Crore Loss – Here’s Why

Veteran cricketers Virat Kohli and Rohit Sharma, who have retired from Test cricket and now play only in ODIs, have recently faced significant financial losses.

The reason behind this stems from a decision by the Government of India.

The government introduced the Online Gaming Bill 2025, which bans real-money online games such as Dream11 and My11Circle in India.

As a result, the BCCI’s sponsorship deals with these platforms ended, causing a major revenue hit. Dream11 contributed around ₹120 crore annually to the BCCI, while My11Circle’s deal was worth ₹125 crore.

Top players were also impacted. According to Cricbuzz, Virat Kohli earned ₹10–12 crore through such endorsements, while Rohit Sharma and MS Dhoni earned ₹6–7 crore each.

With these platforms now banned in India, the deals were terminated, affecting not only Kohli and Rohit but also stars like KL Rahul, Hardik Pandya, and Rishabh Pant, who had similar contracts with these gaming companies.

Dream11 Exits BCCI Sponsorship, No Penalty to Be Paid

Following the government ban on online gambling, Dream11 has withdrawn from its three-year sponsorship deal with the BCCI, reportedly valued at ₹358 crore, signed in July 2023. The deal had made Dream11 the lead sponsor for both men’s and women’s national cricket teams, with the logo prominently featured on jerseys.

It remains unclear whether Dream11 will also terminate its agreements with IPL franchises, as the platform sponsors multiple teams in the tournament.

As per reports, under the contract, Dream11 is not required to pay any penalty, thanks to a clause stating that if a sponsor’s core business is affected by government regulations, no compensation is due to the BCCI.

With major events like the Asia Cup and Women’s World Cup approaching, the BCCI has already started exploring options to appoint a new title sponsor.

Also on ABP Live | CSK’s Ravichandran Ashwin Announces IPL Retirement, Eyes Other T20 Leagues

Go to Source

Hot this week

NHRC Takes Note Of Worker’s Death At Delhi Airport’s T3, Asks For Report In 2 Weeks | News18 Impact

Reported By : Edited By: Last Updated:October 07, 2025, 07:00 IST The crime scene was found to be cleaned up before forensics arrived, leading the Delhi Police to register a case for tampering of evidence and causing death by negligence Read More

Trump Announces 25% Tariffs On Medium, Heavy-Duty Trucks From November 1

Show Quick Read Key points generated by AI, verified by newsroom US President Donald Trump announced on Monday that every medium and heavy-duty truck imported into the United States will be hit with a 25 percent tariff starting November 1 Read More

US hits Venezuelan ‘drug’ boat: Can Trump administration legally justify strikes? Here’s what we know

The United States has declared a new war — this time, on drug cartels. Read More

‘We’re going to have deal’: Trump expresses optimism; US president says ‘Hamas agrees to very important things’

US President Donald Trump said on Monday that he was “pretty sure” a Gaza peace deal was possible and added that Hamas was agreeing to “very important” issues as talks with Israel commenced. Read More

Zelenskyy flags ‘Western-made components’ in Russian drones behind deadly strike in Ukraine

The Ukrainian president has urged for stronger and more “effective” sanctions, stating that components from allied nations, including Germany, Japan, and the United States, have been found in Russian weapons Ukrainian President Volodymyr Zelen Read More

Topics

NHRC Takes Note Of Worker’s Death At Delhi Airport’s T3, Asks For Report In 2 Weeks | News18 Impact

Reported By : Edited By: Last Updated:October 07, 2025, 07:00 IST The crime scene was found to be cleaned up before forensics arrived, leading the Delhi Police to register a case for tampering of evidence and causing death by negligence Read More

Trump Announces 25% Tariffs On Medium, Heavy-Duty Trucks From November 1

Show Quick Read Key points generated by AI, verified by newsroom US President Donald Trump announced on Monday that every medium and heavy-duty truck imported into the United States will be hit with a 25 percent tariff starting November 1 Read More

‘We’re going to have deal’: Trump expresses optimism; US president says ‘Hamas agrees to very important things’

US President Donald Trump said on Monday that he was “pretty sure” a Gaza peace deal was possible and added that Hamas was agreeing to “very important” issues as talks with Israel commenced. Read More

Zelenskyy flags ‘Western-made components’ in Russian drones behind deadly strike in Ukraine

The Ukrainian president has urged for stronger and more “effective” sanctions, stating that components from allied nations, including Germany, Japan, and the United States, have been found in Russian weapons Ukrainian President Volodymyr Zelen Read More

Sunny Sanskari Ki Tulsi Kumari mints Rs 3 crore on day 5

Varun Dhawan and Janhvi Kapoor’s Sunny Sanskari Ki Tulsi Kumari garnered a mixed reception, earning Rs 33 crore domestically by its first Monday. Read More

US shutdown enters day 6: Senate fails to pass bill again; Trump says ‘happy to negotiate if Democrats will reopen government’

Donald Trump (AP) US President Donald Trump on Tuesday blamed Democrats for the ongoing government shutdown and asked them to “open our government tonight. Read More

‘They were ready to go at it’: Donald Trump again claims that he stopped India, Pakistan conflict — ‘we are a peacekeeper because of...

US President Donald Trump repeated the claim that he solved the conflict between nuclear-armed India and Pakistan earlier this year with the help of tariffs. Read More

Related Articles