Former Australia batsman Brad Hodge has made a startling revelation that players who featured for now defunct Indian Premier League (IPL) franchise Kochi Tuskers Kerala (KTK) ten years ago are still to receive their 35 percent match fee.
Notably, Hodge took to twitter to bring to the BCCI’s notice on unpaid dues for his services at KTK in the lucrative league’s 2011 season.
“Players are still owed 35% of their money earned from ten years ago from the @IPL representing Kochi tuskers. Any chance @BCCI could locate that money?,” wrote Hodge on his twitter handle while reacting to a report from former England international Isabelle Westbury on India women cricketers not getting their prize money from last year’s T20 World Cup.
Hodge had played 14 matches for KTK, scoring 285 runs at an average of 35.63.
Significantly, KTK was terminated by the BCC) after only one season in the league as the owners could not pay the 10 per cent bank guarantee element of the franchise fee.
KTK was bought for Rs. 1,550 crore and the owners had to pay Rs. 156 crore every year, i.e. 10 per cent amount as bank guarantee every year which they failed to.