Rs. 21 crores were provided to New Rising India, owners of the now-defunct Pune IPL franchise as prize money for finishing as one of the finalists. Other payments included stay charges to various hotels across the country, as well as advertising expenses to different media companies.
Sun TV Network, owners of 2016 champions Sunrisers Hyderabad, were also paid Rs. 16 croresas prize money for their side finishing in the top-4 in IPL 2017.
Pending transactions from IPL 2017, including the sum of Rs. 1.6 crores to the manufacturers of Spidercam, as well as individual amounts to IPL match referees, were also done in the month.

You know this news?