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Suspended Super Kings, Royals exempted from annual franchise fee
- Updated: August 28, 2016
The BCCI has exempted Chennai Super Kings and Rajasthan Royals from paying the annual IPL franchise fee during their suspension period, between 2016 and 2017. It is understood that the board made the decision during its most recent working committee meeting in Delhi, and has agreed to return the first instalment of the fee paid by the franchises.
While there was no comment forthcoming from the Royals camp, a Super Kings official confirmed that the two franchises have now withdrawn legal proceedings after the board opted to settle the matter out of court. After the board had …
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