Sunday, September 7, 2025
27.1 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Following the government ban on online gambling, Dream11 has withdrawn from its three-year sponsorship deal with the BCCI, reportedly valued at ₹358 crore, signed in July 2023.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

Horoscope Today, September 8, 2025: Property dealings may progress without hurdles

Horoscope Today, September 8, 2025: Property dealings may progress without hurdles ByManisha Koushik, Dr Prem Kumar Sharma Published on: Sept 08, 2025 01:00 am IST Share Via Copy Link Daily Horoscope: Read the ast Read More

‘Want kids to grow up in US. Not India’: Viral rant in Texas stokes anti-immigrant sentiment online

A shaky, 47-second cellphone video filmed from inside a parked car has lit a cultural fuse deep in the heart of Texas, and the explosion is still echoing across the internet. Read More

RFK Jr’s Own Family Calls on Him to Resign After Train-Wreck Senate Hearing, GOP Unease Grows | 4K

CNN name, logo and all associated elements ® and © 2024 Cable News Network LP, LLLP. A Time Warner Company. All rights reserved. CNN and the CNN logo are registered marks of Cable News Network, LP LLLP, displayed with permission. Read More

Focus on trade, counterterrorism & Indo-Pacific as India-EU ramp up ties; high-level visits lined up to boost FTA talks

NEW DELHI: Amid the renewed push by both sides to scale up ties, the EU will unveil its vision for a new strategic agenda with India on September 17. Read More

Hema Malini acted for free, wore her own outfits for shelved film

Lyricist-turned-filmmaker Sudhakar Sharma recounted his experience of casting Hema Malini in his directorial debut. Despite budget constraints and his inexperience, Hema Malini agreed to star in the film after connecting with the script. Read More

Topics

Horoscope Today, September 8, 2025: Property dealings may progress without hurdles

Horoscope Today, September 8, 2025: Property dealings may progress without hurdles ByManisha Koushik, Dr Prem Kumar Sharma Published on: Sept 08, 2025 01:00 am IST Share Via Copy Link Daily Horoscope: Read the ast Read More

‘Want kids to grow up in US. Not India’: Viral rant in Texas stokes anti-immigrant sentiment online

A shaky, 47-second cellphone video filmed from inside a parked car has lit a cultural fuse deep in the heart of Texas, and the explosion is still echoing across the internet. Read More

RFK Jr’s Own Family Calls on Him to Resign After Train-Wreck Senate Hearing, GOP Unease Grows | 4K

CNN name, logo and all associated elements ® and © 2024 Cable News Network LP, LLLP. A Time Warner Company. All rights reserved. CNN and the CNN logo are registered marks of Cable News Network, LP LLLP, displayed with permission. Read More

Focus on trade, counterterrorism & Indo-Pacific as India-EU ramp up ties; high-level visits lined up to boost FTA talks

NEW DELHI: Amid the renewed push by both sides to scale up ties, the EU will unveil its vision for a new strategic agenda with India on September 17. Read More

Hema Malini acted for free, wore her own outfits for shelved film

Lyricist-turned-filmmaker Sudhakar Sharma recounted his experience of casting Hema Malini in his directorial debut. Despite budget constraints and his inexperience, Hema Malini agreed to star in the film after connecting with the script. Read More

‘Fantastic execution’: Max Verstappen outclasses Lando Norris, Oscar Piastri at Monza to win Italian Grand Prix

Starting from pole, reigning world champion Verstappen completed a magical weekend at Monza which included the fastest lap ever in F1 in Saturday’s qualifying by schooling McLaren pair Lando Norris and Oscar Piastri at Monza. Read More

Trump issues ‘final warning’ to Hamas over Gaza hostages

US President Donald Trump on Sunday issued what he called his “last warning” to Hamas, urging the Palestinian militant group to accept a deal to release hostages from Gaza. Read More

Taliban back upgrade in ties as India explores ministerial visit

NEW DELHI: The Taliban have backed high-level engagement with India, amid efforts by the Indian government to host Afghan foreign minister Amir Khan Muttaqi despite the travel ban imposed on him by the UNSC. Read More

Related Articles