Sydney, May 24
Former Australia batsman Brad Hodge took to twitter to bring to the Indian cricket board's notice unpaid dues for his services at Kochi Tuskers Kerala (KTK) in the Indian Premier League's (IPL) 2011 season.
The right-handed Hodge played 14 matches for KTK, scoring 285 runs at an average of 35.63.
KTK franchise was terminated by the Board of Control for Cricket in India (BCCI) after only one season in the IPL and could not participate from the 2012 season since the owners could not pay the 10 per cent bank guarantee element of the franchise fee.
KTK was bought for Rs. 1,550 crore. 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.
Rendezvous Sports World, one of the co-owners of the franchise, took BCCI to the Bombay High Court contesting the termination. The court ordered BCCI to pay the franchise Rs 550 crore.
Disclaimer: This story was supplied by an external content provider; we do not endorse or accept responsibility for its accuracy, completeness, or any outcomes from relying on it. It is for informational purposes only and does not constitute legal, financial, medical, or other professional advice. Laws and regulations vary and may change; readers should verify accuracy and compliance with local requirements and consult a qualified professional for tailored guidance.