KKR's Rs 9.20 Cr Mustafizur Refund: IPL Rules Explained
Cricket
M
Moneycontrol•03-01-2026, 14:13
KKR's Rs 9.20 Cr Mustafizur Refund: IPL Rules Explained
- •KKR acquired Mustafizur Rahman for Rs 9.20 crore, but BCCI ordered his release due to "foreign diplomatic and security developments."
- •IPL rules state that if BCCI removes a player on non-cricketing grounds, the franchise is entitled to a full refund of the auction price.
- •Mustafizur's situation is considered "force majeure," releasing KKR from contractual obligations.
- •The Rs 9.20 crore refund is crucial for KKR to maintain financial strength and find a suitable replacement from the RAPP.
- •BCCI Secretary Devajit Saikia confirmed KKR can seek a replacement, but details on money recovery are pending.
Why It Matters: KKR likely to recover Rs 9.20 crore for Mustafizur, enabling a replacement search.
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