IPL 2021: Shreyas Iyer To Receive His Full Fee Of INR 7 Crores Despite Him Missing Entire IPL

The IPL 2020 finalists Delhi Capitals (DC) had been dealt a huge blow ahead of the Indian Premier League season 14 (IPL 2021), when their captain Shreyas Iyer injured his shoulder in the first ODI between India and England at MCA Stadium in Pune on March 23.

The batsman was taken for scans which revealed significant damage to his shoulder and later the BCCI confirmed that Shreyas Iyer will miss the remainder of the ODI series and also the entire IPL 2021, while he will undergo surgery on his shoulder and then rehab, putting him out of commission for atleast 3-4 months.

Shreyas Iyer To Receive Full IPL 2021 Salary From Delhi Capitals Despite Missing The Tournament Entirely

Shreyas Iyer will undergo surgery on April 8 and will be missing the entire IPL 2021 tournament. Many of the fans of the franchise might have wondered whether the DC captain would receive his salary for the IPL 2021 or not. To answer the question, yes, even though Shreyas Iyer’s injury has ruled him out of IPL 2021, the cricketer will be paid his salary in full. The Mumbai-based cricketer who earns 7 Crores per season, will get the full amount under the ‘Players Insurance’ scheme.

The IPL Player’s Insurance Scheme

The ‘Players Insurance’ scheme is an insurance policy for all centrally contracted players which was put in place before the IPL 2011 after a conversation between then BCCI secretary N Srinivasan and the Indian team players. According to the policy, players are compensated if they are unavailable for the IPL due to injury, accident among other reasons.

The policy further stated that if a player gets injured while representing the country and misses the IPL partially or fully, he will be eligible for compensation. Notably, the scheme is not applicable to non-contracted players. The amount of compensation is decided as per the player’s total contract amount with regards to the number of matches he misses.

In case a player misses the IPL partially, the compensation is equally shared by the franchise and the BCCI. In the past, players like Ishant Sharma, Zaheer Khan, and Ashish Nehra have been compensated by the BCCI for missing the tournament owing to injuries.

To replace Shreyas Iyer as captain for the IPL 2021 season, the Delhi Capitals have named Rishabh Pant as captain for the upcoming IPL 14 season.

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