MUMBAI: The 2020 edition of the Indian Premier League (IPL) has been postponed until further notice due to the COVID-19 pandemic, announced the Board of Control for Cricket in India (BCCI) after the government extended the lockdown till 3 May,

IPL chief operating officer Hemang Amin informed all the franchise owners about the decision to cancel..

Media reports said that BCCI was likely to postpone IPL indefinitely following a conference call between the office-bearers. After the lock-down was extended, a conference call attended by BCCI president Sourav Ganguly, secretary Jay Shah, and treasurer Arun Thakur, among others, was held to deliberate on the situation.  

Earlier, the mega sporting event was called off until 15 April.  

Star India, which broadcasts the IPL on its network as well as Hotstar, has invested heavily on the tournament broadcast. Star won the rights for the IPL from Sony in 2017 for a period of five years with a whopping $2.55 billion sum. With its huge reach of channels in various languages, the IPL has grown in the last two seasons. For now, the company has not commented on the impact this will have on its overall finances as well as the ad revenues it hoped to recover through the rich tournament.