Indian Premier League March 22, 2010

New franchises will make profits - Lalit Modi

Cricinfo staff
49

Lalit Modi, the IPL commissioner, has expressed surprise at the staggering bid amounts for the two new franchises but was confident the investment in the new teams would yield profits for the respective owners.

The Sahara group, the biggest patron of sports in the country, won the rights to the Pune franchise for US$370m. The other new franchise is a consortium of five companies called Rendezvous Sports World, which bid US$333.33m for Kochi. The cost of the two franchises exceeds the total value of the original eight franchises.

"I was indeed a little bit surprised by the amount. Honestly speaking, I thought the winning bid would be USD 300-320 million. So it was USD 40-50 million higher than my expectation. The bidders must have done their numbers well," Modi was quoted as saying by PTI. "We are just two years old and every team that has been run well must be making a profit. If not, they are probably marginally short of it."

Subrata Roy, the chief of the Sahara group, said the value of his bid for Pune was justified though he wasn't sure when the franchise would break even. "Right from the Indian Premier League's first match this season, the eyeballs it has got is huge worldwide," Roy told The Economic Times. "Naturally, the valuations have risen exponentially from what it was three years ago. So, we believe the bid we placed is justified. While there will be operating profits from year one, there will be no cash flow. It's difficult to say by when we will break even."

Roy had initially planned to bid for Lucknow as a new franchise, but Pune's infrastructure for cricket and the Sahara-built township of Aamby Valley, located in the city, prompted the final decision. "We did want to bid for Lucknow but we were advised by the Indian Premier League to consider bidding for Pune as it made sense in terms of logistics and infrastructure," Roy said. "The new stadium coming up in Pune is one of the world's best. Also we have the advantage of cross-leveraging the resources of Aamby Valley."

Roy also told the Times of India that "a few Indian cricketers had suggested that Sahara should buy an IPL team." "Since we share an emotional bond with these players, we had to buy a team. Soon, we will start planning and by September everything will be in place for sure." He added that Sahara had not bid in the first auction because of stringent clauses in the tender document.

Following the success of the first two seasons, Modi said the IPL brand was gaining popularity across the globe and adding more patrons to its existing fan base. The scope for expansion, he said, was greater given the potential for greater revenue compared to many other sporting leagues. "Sports is one of the leading businesses of the world today. English Premier League, NFL, NBA, Spanish League, Bundesliga -- these capture the imagination of the youth and the people. Build a strong base and your future is defined.

"We already have some pluses. Across the world, the major cost is of infrastructure and players' salary. Here you get the stadium pretty much free and there is a cap on players' salary as well.

"Merchandising and ticketing are two other revenue sources. The ticketing revenue of all teams have gone up six-seven folds. With YouTube and Google in the picture, fan base is increasing across the world."

The IPL, now having expanded to 10 franchises, could feature 94 games next year if it retains its current format. When asked if the increasing workload would exact a heavy toll on the players, Modi said: "See, you have 300 matches in EPL every season. I don't see any fatigue factor. Currently every team plays 14 matches, they will play 18 from next year. We are cutting down on the travelling. It's travelling which is the biggest issue, not playing matches.

"We are aiming to be like the NBA and NFL and the day is not far, considering how we are going."

Comments have now been closed for this article

  • TwitterJitter on March 23, 2010, 22:08 GMT

    @ Naga Rick- Spoken like a true socialist, always for redistribution of wealth. Since you are privileged enough to be able log on to a website and enter comments and are all right with taxing somebody else like hell to pay for something else, why don't you volunteer 75% of income to charity? Good place to start for someone dictating what should be done with somebody else's money. May be you need start looking at the definition of liberty.

  • on March 23, 2010, 21:34 GMT

    @dremella ... you forget the one thing different from you examples is that there is no international schedule amidst the season for NFL, MLB, NBA like there is for cricket. These guys play only for the clubs most seasons. So, 162 spread over 9 months is not a big deal. Cricketers need to play internationals, travel long distances, practice, take breaks, handle injuries with that. Hence the high number of matches is the issue.

  • on March 23, 2010, 19:41 GMT

    Do you think IPL is a big scam - just a money making machine - like Roman Emperors used to keep their citizens in DRUNKEN (DUMB) state by arranging bloody fights of gladiators, to forget their woes and making them not to think about real life? I haven't seen a list of ticket prices (per ground/team/city) at IPL's websi......te. Sports like Hockey, Athletics etc. are in dire straits in India(thanks to all Indians, not IPL). We are becoming so dumb that we can't provide alterenatives of better international sports (Cricket is not Indian game.) like soccer, tennis etc. We are so idiots that we go to last page of newspaper to read cricket news FIRST than reading editorial that explains what is really happening in our country. IPL's money is people money. Put 50% tax (no corruption? may be some.) on IPL revenue and develop other sports in India. Ref: IPL investors look for profits, sports gets lost: P T Usha

  • Kunal4 on March 23, 2010, 19:30 GMT

    Dremella,

    Despite the 82 game in NBA, 162 Games in MLB and 82 games in the NHL, each league has an off season. The NBA regular season starts October and is over by April. There is a offseason. Similarly for MLB, where the pitchers work on a 5 day rotation. The season starts in April and finishes at the end of September. Ofcourse there is training camp, but there is an off season. The athletes competing in these leagues play only in these leagues, going on international duty during Olympic years or qualification. IPL is not the be all and end all of cricket. Most other leagues plays games concurrently unlike IPL, which doesn't even show games concurrently. The players playing in the IPL play cricket for their national teams. Either there needs to be windows made for either form of cricket with an offseason or this is going to turn people off of other forms of cricket. Maybe having a ODI competition, an IPL window, with a windows for test and each team getting an offseason. less is more

  • on March 23, 2010, 9:53 GMT

    Because cricket is essentially an international game. Unlike baseball, basketball, etc the sport revolves around international play, not domestic leagues.

  • whisperingdoom on March 23, 2010, 9:40 GMT

    The IPL will never reach the level of the NBA and NFL because cricket is an INTERNATIONAL sport..people would rather watch countries playing each other not cities competing for something.The only reason the IPL is having success is because of india's population

  • redneck on March 23, 2010, 4:50 GMT

    i love it how he uses the NFL and NBA as leagues to aspire too! both those leagues are sports which have very little international competition! NFL is american football, so no need to worry about a future tours program or anything like that that for them and basketball has a world cup and olympics every 4 years and no other overseas factors to take into account! also both these leagues have very little in the way of forien players and rely mainly on home grown talent! cricket and the IPL are in a very different place to that! we have an international game and the ipl have a lot bigger forign player base. if modi wants the ipl to run as long as the nba season he better kill off team india now as there is no way india can stage the longer ipl, host its home test tours and tour other countries with the ipl taking up half the year! also i dont think australia, england, south africa etc would be happy giving up its players and risk injury to them for such a long tourniment!

  • Mahendra_Ishant_Pathan on March 23, 2010, 3:04 GMT

    Way to go Mr.Modi.......You are the man!! The quality of indian doemstic circuit is remarkably low and hardly produces good cricketers......Most of our cricketers are nurtured in the inetrnational level......look at raina, jadeja, ishant, tyagi etc etc.....Sould spend 3 to 4 years on a cricketer and we should loss them to IPL..... Now, it's even more fun....we loss them to IPL even before they are nurtured.....hahaha I think in the longer run......more IPLmatches will only decerase the standard of indian cricket drastically and eventually loss the interest of the people..........If IPL franchises are smart......they should all come together and raise the level of indian domestic standard (may be like australia).....This way we can afford to loss many and still mantain some standard.....

  • K.M. on March 23, 2010, 2:43 GMT

    @pankajkumarsingh, I appreciate ur reply & noone denying BCCI's financial strength which is absolutely necessary for cricket's future but how many of these billions of dollars have gone into developing better grounds? compare that to MCG or Dallas Cowboys stadium (NFL)? it does not even stand comparison. We always give an excuse that India is a developing country & shouldn't be compared with the developed world but at least BCCI as a sport body is making as much profit as any other in the world but the grass-root investment is almost nil. BCCI can easily build 10 MCG , 10 national talent academy, give better remuneration to 'deserving domestic' players and more. Laughable is the fact that they even dropped prasad & robin singh & are in no hurry to replace them.Compare that to Australia who has professional fielding coach and results are there to see. BCCI are more like a business generating profit rather than a body 'actively' improving cricket and infrastructure.

  • amitpat on March 23, 2010, 2:28 GMT

    modi is all about making money. icc should step in and stop IPL . for all of us .

  • TwitterJitter on March 23, 2010, 22:08 GMT

    @ Naga Rick- Spoken like a true socialist, always for redistribution of wealth. Since you are privileged enough to be able log on to a website and enter comments and are all right with taxing somebody else like hell to pay for something else, why don't you volunteer 75% of income to charity? Good place to start for someone dictating what should be done with somebody else's money. May be you need start looking at the definition of liberty.

  • on March 23, 2010, 21:34 GMT

    @dremella ... you forget the one thing different from you examples is that there is no international schedule amidst the season for NFL, MLB, NBA like there is for cricket. These guys play only for the clubs most seasons. So, 162 spread over 9 months is not a big deal. Cricketers need to play internationals, travel long distances, practice, take breaks, handle injuries with that. Hence the high number of matches is the issue.

  • on March 23, 2010, 19:41 GMT

    Do you think IPL is a big scam - just a money making machine - like Roman Emperors used to keep their citizens in DRUNKEN (DUMB) state by arranging bloody fights of gladiators, to forget their woes and making them not to think about real life? I haven't seen a list of ticket prices (per ground/team/city) at IPL's websi......te. Sports like Hockey, Athletics etc. are in dire straits in India(thanks to all Indians, not IPL). We are becoming so dumb that we can't provide alterenatives of better international sports (Cricket is not Indian game.) like soccer, tennis etc. We are so idiots that we go to last page of newspaper to read cricket news FIRST than reading editorial that explains what is really happening in our country. IPL's money is people money. Put 50% tax (no corruption? may be some.) on IPL revenue and develop other sports in India. Ref: IPL investors look for profits, sports gets lost: P T Usha

  • Kunal4 on March 23, 2010, 19:30 GMT

    Dremella,

    Despite the 82 game in NBA, 162 Games in MLB and 82 games in the NHL, each league has an off season. The NBA regular season starts October and is over by April. There is a offseason. Similarly for MLB, where the pitchers work on a 5 day rotation. The season starts in April and finishes at the end of September. Ofcourse there is training camp, but there is an off season. The athletes competing in these leagues play only in these leagues, going on international duty during Olympic years or qualification. IPL is not the be all and end all of cricket. Most other leagues plays games concurrently unlike IPL, which doesn't even show games concurrently. The players playing in the IPL play cricket for their national teams. Either there needs to be windows made for either form of cricket with an offseason or this is going to turn people off of other forms of cricket. Maybe having a ODI competition, an IPL window, with a windows for test and each team getting an offseason. less is more

  • on March 23, 2010, 9:53 GMT

    Because cricket is essentially an international game. Unlike baseball, basketball, etc the sport revolves around international play, not domestic leagues.

  • whisperingdoom on March 23, 2010, 9:40 GMT

    The IPL will never reach the level of the NBA and NFL because cricket is an INTERNATIONAL sport..people would rather watch countries playing each other not cities competing for something.The only reason the IPL is having success is because of india's population

  • redneck on March 23, 2010, 4:50 GMT

    i love it how he uses the NFL and NBA as leagues to aspire too! both those leagues are sports which have very little international competition! NFL is american football, so no need to worry about a future tours program or anything like that that for them and basketball has a world cup and olympics every 4 years and no other overseas factors to take into account! also both these leagues have very little in the way of forien players and rely mainly on home grown talent! cricket and the IPL are in a very different place to that! we have an international game and the ipl have a lot bigger forign player base. if modi wants the ipl to run as long as the nba season he better kill off team india now as there is no way india can stage the longer ipl, host its home test tours and tour other countries with the ipl taking up half the year! also i dont think australia, england, south africa etc would be happy giving up its players and risk injury to them for such a long tourniment!

  • Mahendra_Ishant_Pathan on March 23, 2010, 3:04 GMT

    Way to go Mr.Modi.......You are the man!! The quality of indian doemstic circuit is remarkably low and hardly produces good cricketers......Most of our cricketers are nurtured in the inetrnational level......look at raina, jadeja, ishant, tyagi etc etc.....Sould spend 3 to 4 years on a cricketer and we should loss them to IPL..... Now, it's even more fun....we loss them to IPL even before they are nurtured.....hahaha I think in the longer run......more IPLmatches will only decerase the standard of indian cricket drastically and eventually loss the interest of the people..........If IPL franchises are smart......they should all come together and raise the level of indian domestic standard (may be like australia).....This way we can afford to loss many and still mantain some standard.....

  • K.M. on March 23, 2010, 2:43 GMT

    @pankajkumarsingh, I appreciate ur reply & noone denying BCCI's financial strength which is absolutely necessary for cricket's future but how many of these billions of dollars have gone into developing better grounds? compare that to MCG or Dallas Cowboys stadium (NFL)? it does not even stand comparison. We always give an excuse that India is a developing country & shouldn't be compared with the developed world but at least BCCI as a sport body is making as much profit as any other in the world but the grass-root investment is almost nil. BCCI can easily build 10 MCG , 10 national talent academy, give better remuneration to 'deserving domestic' players and more. Laughable is the fact that they even dropped prasad & robin singh & are in no hurry to replace them.Compare that to Australia who has professional fielding coach and results are there to see. BCCI are more like a business generating profit rather than a body 'actively' improving cricket and infrastructure.

  • amitpat on March 23, 2010, 2:28 GMT

    modi is all about making money. icc should step in and stop IPL . for all of us .

  • amitpat on March 23, 2010, 2:07 GMT

    let's be real IPL is killing cricket especially test cricket there are lot of player retring from test cricket cause of ipl or t20 . lalit modi and all the ipl team owner wanna make money .modi keep saying test cricket is our priority but seems like like india is not playing that much test cricket. so that mean they wanna make money by playing t20 or one day . and paying all this this money to foreign player for ipl . icc should step and shout IPL down .just play cricket for your country not for money .. if you wanna play for money then stop playing for your country

    don't forget there will be no IPL if there was no ICL

  • Pteris on March 23, 2010, 0:48 GMT

    Dremella ignores the fact that NBA and NFL players have few other commitments to their sport. The best NBA players go to the Olympics every four years. There is no International competition for American football. Some NFL players will have also played basketball at college level but neither sport for their country.

  • Pteris on March 23, 2010, 0:38 GMT

    International cricket (tests and F50 ODIs) must survive. If the IPL intends to have more days with 2 games, the IPL programme can be completed in the same number of days or fewer with the additional franchises. We already have six nations (WI, ZIM, AUS, NZ, BGD and ENG) playing cricket at the start which devalues the IPL.

  • Maverick79 on March 22, 2010, 23:34 GMT

    Don't talk rubbish guys. These games NFL EPL NBA etc etc that plays more matches maybe in several hundred matches, don't play international matches like in cricket. All these sport need is a month out of 12 months to play their biggest international event. For them, these international events need a window, forget about the few friendly matches they play. Have any of you heard about France playing Brasil in a 5 series soccer match ? Have any of you guys remember watching soccer World Cup or even Euro Cup in months other than JUNE-JULY ? Thats what i say their international matches are very few since for them its various leagues that eat up the other 10 months. Whereas this game of cricket plays international matches every month, how do you expect to fit in 94 matches in a month and expect all international player to attend it. Do you guys think reducing international cricket matches is gonna be accepted by the Indian fans just to get in more IPL teams and matches ?

  • OLAMadhu on March 22, 2010, 20:34 GMT

    Crazy, Lalit claims he is the man behind IPL, what a joke - Copied the ICL, Suppressed it with the backing of BCCI, and now pressing Sahara to buy a Franchise from Pune instead of Lucknow and making Deccan Chargers lose there home ground and play in Mumbai - One day he will for sure make sharad pawar's dream to become Prime Minister True

  • on March 22, 2010, 20:32 GMT

    @dremella - players in nba, nfl, mlb etc don't play any international games. Cricketers do. Meaning more match days.

  • Test-Cricket on March 22, 2010, 19:46 GMT

    @dremella Why everyone is so concerned abt the number of matches is in NFL, they dont play international matches unlike Cricket all year around. Too much would be too bad. my idea was to split the teams into 2 groups A and B and have them play home and away matches. But i dont think modi will do it as this would reduce the matches slightly.

  • thenoostar on March 22, 2010, 19:21 GMT

    This is the pinnacle of cricket. Test cricket is gone, in New Zealand tests the breeding ground for the IPL !! All the worlds best players congregate here and the standard can only get even higher. Imagine if the best athletes in the Caribbean started playing cricket again instead of American sports.

    As Cricket became townball which became baseball in the United States, cricket will largely become T20 due to the popularity of the game and prevailing market forces.

  • devpat68 on March 22, 2010, 19:18 GMT

    370 Mil US is going to take years to break-even!!! Anything above 150 would take some time where investors would think twice. Again, franchises have initial contract of 10 years and then renewal (which is cheaper, but does cost!!).

    Here is a good site with # of CSK. Very interesting!! http://secondtake.wordpress.com/2008/05/17/how-profitable-is-an-ipl-farnchise/

  • dremella on March 22, 2010, 18:32 GMT

    I don't know why everyone is so concerned about how many total games would be played. Baseball: MLB Games per Season Each team plays 162 games. There are 30 teams, and each game has two teams, so the total number of games played by all teams is 162 x 15 = 2,430 NFL Games per Season Currently, each team plays 16 regular season games. There are 256 NFL games in the season NBA Games per Season All 30 teams play 82 games each from memory, so there fore it would be 1230 games in the regular season. You can't include playoffs as each series is a best of 7 (first one to 4 wins has won the series).

    These are from Wiki Answers. Compared to these the 94 games that IPL has is significantly fewer.

  • Alexk400 on March 22, 2010, 18:18 GMT

    Modi is the man. Hope we have more people with Vision like him. I want NFL quality stadium in India that can rival melbourne stadium. You have to give back to people by giving them better seat. Not concerete crap seat.

    Anyway it is all moving in right direction , more money comes in state of the art stadium not well behind.

  • RKB21 on March 22, 2010, 15:55 GMT

    This is a wonderful example of free market enterprise. More franchises will create more opportunities for people in India, thus raising their standard of living. That in itself would help eradicate poverty in the coming years.

  • swayambu on March 22, 2010, 15:39 GMT

    What MrModi meant,probably,was that is is no strain for him!!! Already the nonstop cricket is claiming casualties in the form of players getting injuries. And they get very short recovery time.And it is good to remember that all the revenue ultimately generates from the cricket loving public and the consumers of the products of various advertisers So why would the sponsors worry about the astronomical amounts being dished out? The real suckers are the public

  • YogifromNY on March 22, 2010, 15:38 GMT

    Sure, Mr. Modi, let's increase the number of matches in the IPL even more. Right now, we only have 2 or 3 India players getting injured during each IPL. Let's make sure that number increases to 4 or 5. That way, we can ensure that the Indian national team cannot win any world event from now on - not the T20 World Cup, not the ODI World Cup, and of course not retain the Test ranking of #1.

  • sachinsaint on March 22, 2010, 15:34 GMT

    Yes. Though I am glad that kochi got a franchuise, I am very keen on the interest level of spectators and the quality of cricket that would be played in 94 matches in 7 weeks. Especially with the current star power in Tendulkar, Ganguly, Dravid, Kumble, Kallis, jayasuriya, Gilchrist, Symonds, Hayden, Warne set to disappear in next two weeks, it will be a tough ask. Players like Shaun Marsh, Duminy, Suresh Raina are good but are they good enough to drag 30000 people to the stadium and another 30 million to the Television?

  • cricketloveforfun on March 22, 2010, 15:30 GMT

    Indians watch cricket as it is a fun thing to do with fellow Indians in India or Abroad in other words pure cultural sort of event abroad and In India just as a result of only option of some standard to see sports action. IPL is not a luxury business its just pure sports events conducted for time pass of common Indians like me who anyways suffer from paucity of entertainment and fun of big sports events in our lives . Anyways except cricket no other Mass game like Football or Soccer or basketball for that matter have got Credibility of our talent or we are not even among probables for winners or competitors in even 50 -60 nations based tournaments so watching those games is anyways looks buffoonery to people around you especially in my own case it has happened a lot to me. BCCI like all smart people have en cashed it and till competition comes from other sports frankly sky is the limit considering Indian People economic standing in world as rising economic power.

  • aryaman1994 on March 22, 2010, 14:50 GMT

    @peter field india does not have 90% poverty. to say 90% poverty in india is completely ridiculous. iv been reading quite a few sceptical comments here. Lets not be sceptical guys lets be proud of IPL. i love cricket. 90% of india loves cricket, then whats wrong in having a 94 game tournament, and the organisers making money out of it? true 7 weeks is a bit short but im sure IPL would be looking to expand its duration soon. if sixes wernt being called DLF maximums, we would probably have had to listen to local indian commentators and watch IPL in bad coverage. decide which is worse?

  • kapil__goyal on March 22, 2010, 14:43 GMT

    I am too much excited about the next year auction, as all the players are going to undergo the auctioning again that means KKR can kick the likes of Ganguly from their team.

  • KTiwari on March 22, 2010, 14:27 GMT

    With huger interest from India in IPL, it will reach the leavel of NBA and NFL soon. About duration of the tournament, I am sure that it will go beyond 10 weeks as time goes by....

  • pankajkumarsingh on March 22, 2010, 14:08 GMT

    @K.M. - What is wrong with our infrastruture? I think we have enough facilities/adminitration/talent to go about NBA or NFL. I say this living in United States. Now, do not compare Coby Bryant or Shaquille O'Neil to Sachin. That would be pointless. Point would be - with their talent, the Sachins, the Dhonis, the Gilchrits and the Haydens of cricket can draw 50000+ people in the stadium and milllions watching at home. That is what it eventually boils down to. "How many people are watching". If we are not there yet, then we surely are drawing very close to that. The Sahara group must've done their maths to consider spending 300M+. The growth rate has been shocking to me as well. I will agree with Lalit Modi. We are very rapidly approaching NFL/NBA kind-of money here. Not that I like 20/20, but I do watch it once in a while. Last night's game, Chennai vs Punjab, was brilliant. Both bowlers and batsmen had something in the pitch. But yes, anything more than this would be killling me.

  • amit1807kuwait on March 22, 2010, 13:05 GMT

    US$ 370 million = Rs. 1739 crores. To think of breaking-even, and then making profits, is mind-boggling.

  • kabubaku on March 22, 2010, 12:44 GMT

    I am worried about the overkill, but I also feel that IPL needs a longer duration. At-least two months. If that cant be made possible, you've gotta change the format or else matches will loose context. Viewers will have a hard time keeping up with who defeated who and who is likely to qualify and who isn't. If nothing, please do away with the semi-finals and the final, just like the EPL. Its not fair when a team that has dominated majority of the league phase gets knocked out in the semis like Punjab did in '08 and Delhi in '09.

  • Sarfin on March 22, 2010, 12:29 GMT

    once there was a slogan, "eat cricket, drink cricket...". for Mr. Modi it turns into "eating cricket".He's surely gone mad and intends to eat international cricket and its players

  • on March 22, 2010, 12:22 GMT

    @ peter field wake up dude, i think you are in 20th century india is no longer a poor country, it's a booming economy expecting 8.5% growth rate , i think people like you never accept reality, first check your country's stats during recession there are more beggers in UK or USA than india. poor people are everywhere, i donknow how it related to IPL, investing money in IPL is a pure buiz they obviously expect returns, it's nowhere related rich or poor.

  • butterhandsfingers on March 22, 2010, 11:51 GMT

    The IPL already seems to be becoming a bit formualaic and predictable, Modi will kill it if he keeps ramping up the number of games. Shudder that he mentions the NBA, 80 games a season for each team in a few years time is probably his goal. And where are the mentions of sponsors in this article? I thought they slipped out of his mouth in the middle of sentences nowadays

  • anant15 on March 22, 2010, 11:38 GMT

    @Peter Field...where'd u get the stat that 90% of India lives in poverty?! Judging by ur comments u hav no grasp of basic economics..for ur enlightenment large scale investment by indian companies in india is a good thing for all indian people...fyi by 2050 90% of the UK will prob be owned by indians

  • Knightriders_suck on March 22, 2010, 11:25 GMT

    @ Stephen : Watch 18 matches of Deccan Chargers.

  • on March 22, 2010, 11:05 GMT

    @peter field: i m still wondering where u got that figure of 90% of country in poverty. corresponding figure is abt 26% in 2006. and, removing poverty is not a job of corporates, they can help but can't expect them to invest $700 million in it. and to some extent, IPL also helps. c so many new jobs, in form of groundstaff etc. and players like karman khan, whose poverty has eroded.

  • on March 22, 2010, 10:59 GMT

    The difference with the EPL is that teams have matches once a week and not every few days. You also have matches running simultaneously (something the IPL won't do).

    Anyone else thinking there's a bit of overkill with this T20 lark? Just as they said at the start - don't flog the format to death otherwise you'll kill cricket....

  • on March 22, 2010, 10:59 GMT

    The difference with the EPL is that teams have matches once a week and not every few days. You also have matches running simultaneously (something the IPL won't do).

    Anyone else thinking there's a bit of overkill with this T20 lark? Just as they said at the start - don't flog the format to death otherwise you'll kill cricket....

  • Xahir on March 22, 2010, 10:51 GMT

    94 games.....????:O thats a shocker..maybe the next IPL is hit.but i can bet the IPL in 2012 will be a big flop..no1 has time to follow 94 games..its simply too much! i prefer to watch International T20 instead :)

  • ImtiazA on March 22, 2010, 10:43 GMT

    No wonder Lalit Modi is called fathead. EPL runs for 6-7 months and players have good facilities, unlike what we have in IPL.

  • oh_me on March 22, 2010, 10:30 GMT

    @Peter Field You might have heard that saying "give a man fish and he feeds for a day, teach him how to fish and he feeds for a lifetime" You can't just give the govt or the poor $700 million you have to invest into the economy which exactly what is being done here. Franchises pay the IPL, IPL in return spends it on cricket and players (who will have more buying power over the years). Its the govt job to take care of the poor which is the problem not the amount of money spent on the team....

  • SettingSun on March 22, 2010, 10:03 GMT

    How deluded is this man? Does he seriously believe that the IPL is not far away from emulating the success of the NBA and NFL? Here's one for you, Lalit - the IPL will NEVER be as successful as those companies. They have taken decades to build and maintain their success. Chucking hundreds of millions of dollars at a company, throwing in a few cheerleaders and some laughable sponsorship (how about a "that was a DLF Brad Hogg shouting incoherently and talking utter drivel moment" deal?) does not a sustainable company make. He wants everything now, now, now like a petulant child sitting in the back seat of his parents' car. "Are we there yet?" "No, Lalit."

  • Srivallabh on March 22, 2010, 9:56 GMT

    "See, you have 300 matches in EPL every season.... ". Errrm .... the EPL season is from August to May, Mr. Modi. Talking about fatigue should be left to the players.

  • K.M. on March 22, 2010, 9:48 GMT

    "How far" is the day when the Indian domestic infrastructure, cricket grounds and facilities, administration; and the talent hunt and development will match the likes of NBA and NFL ??

  • bjayanth18 on March 22, 2010, 9:16 GMT

    700 million USD..!! Crazy stuff. Hope the quality of commentators and cricket played increases as well. Nice to see that India has a Prestigious global tournament for itself. :)

  • on March 22, 2010, 8:38 GMT

    Although the IPL is a great spectacle, it is sad to think that companies & individuals based in India can invest $US700 million in sport but there is still 90% of the country in poverty. This money could be better spent on Indians helping their less fortunate countrymen and giving them a future.

  • on March 22, 2010, 8:38 GMT

    Incase there are 96 matches i'd like to boycott wacthcin IPl. i mean i am crazy bout cricket but the last thing i want is over burn of it. Already am not interested in matches played by teams other than the Deccan Chargers. EPL has 300 games allright but they dont play international level matches that often You bundle up a tournament into 7 weeks and dream of other tournaments which go more or less throughout the year. He must be some crazy guy.

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  • on March 22, 2010, 8:38 GMT

    Incase there are 96 matches i'd like to boycott wacthcin IPl. i mean i am crazy bout cricket but the last thing i want is over burn of it. Already am not interested in matches played by teams other than the Deccan Chargers. EPL has 300 games allright but they dont play international level matches that often You bundle up a tournament into 7 weeks and dream of other tournaments which go more or less throughout the year. He must be some crazy guy.

  • on March 22, 2010, 8:38 GMT

    Although the IPL is a great spectacle, it is sad to think that companies & individuals based in India can invest $US700 million in sport but there is still 90% of the country in poverty. This money could be better spent on Indians helping their less fortunate countrymen and giving them a future.

  • bjayanth18 on March 22, 2010, 9:16 GMT

    700 million USD..!! Crazy stuff. Hope the quality of commentators and cricket played increases as well. Nice to see that India has a Prestigious global tournament for itself. :)

  • K.M. on March 22, 2010, 9:48 GMT

    "How far" is the day when the Indian domestic infrastructure, cricket grounds and facilities, administration; and the talent hunt and development will match the likes of NBA and NFL ??

  • Srivallabh on March 22, 2010, 9:56 GMT

    "See, you have 300 matches in EPL every season.... ". Errrm .... the EPL season is from August to May, Mr. Modi. Talking about fatigue should be left to the players.

  • SettingSun on March 22, 2010, 10:03 GMT

    How deluded is this man? Does he seriously believe that the IPL is not far away from emulating the success of the NBA and NFL? Here's one for you, Lalit - the IPL will NEVER be as successful as those companies. They have taken decades to build and maintain their success. Chucking hundreds of millions of dollars at a company, throwing in a few cheerleaders and some laughable sponsorship (how about a "that was a DLF Brad Hogg shouting incoherently and talking utter drivel moment" deal?) does not a sustainable company make. He wants everything now, now, now like a petulant child sitting in the back seat of his parents' car. "Are we there yet?" "No, Lalit."

  • oh_me on March 22, 2010, 10:30 GMT

    @Peter Field You might have heard that saying "give a man fish and he feeds for a day, teach him how to fish and he feeds for a lifetime" You can't just give the govt or the poor $700 million you have to invest into the economy which exactly what is being done here. Franchises pay the IPL, IPL in return spends it on cricket and players (who will have more buying power over the years). Its the govt job to take care of the poor which is the problem not the amount of money spent on the team....

  • ImtiazA on March 22, 2010, 10:43 GMT

    No wonder Lalit Modi is called fathead. EPL runs for 6-7 months and players have good facilities, unlike what we have in IPL.

  • Xahir on March 22, 2010, 10:51 GMT

    94 games.....????:O thats a shocker..maybe the next IPL is hit.but i can bet the IPL in 2012 will be a big flop..no1 has time to follow 94 games..its simply too much! i prefer to watch International T20 instead :)

  • on March 22, 2010, 10:59 GMT

    The difference with the EPL is that teams have matches once a week and not every few days. You also have matches running simultaneously (something the IPL won't do).

    Anyone else thinking there's a bit of overkill with this T20 lark? Just as they said at the start - don't flog the format to death otherwise you'll kill cricket....