
IPL
If at all proof was needed that cricket is no more a sport but just another
industry, then the Indian Premier League is a shining example. The
franchisee team owners and the BCCI would like us to believe that their cause is
the game and its 'upliftment', while the mind-boggling financials involved are
secondary.
You only need to look at the figures that one cannot even begin to count and
ask of the team owners why they had not thought of spending just a small
percentage of the staggering amounts they have coughed up to run academies or
indulge in such grassroot activities like sponsoring needy and talented kids.
The reason is the bottom-line.
Any businessman worth his salt would like to know how much he gets for
anything he gives. In business parlance, it is all about return on investments
or RoI for short. That alone dictates any spends of a corporate or a business
house. The IPL team owners might have as well saved all the hogwash about 'love
and passion' and stated the true purpose of their involvement that undoubtedly
is the mileage, both personal and for their products.
Yes, the IPL has certainly elevated cricket to a different plane and I have
no qualms in accepting reality. But it is difficult to believe that the Twenty20
format would help develop and nurture the game where a player's ability is
judged mostly on his performances in Test matches, not even the ODI. Thus,
looking in from the outside, the IPL is what it is - a high stakes business
venture.
Indian cricket never had it as good and, if anything, the IPL has set a
benchmark in financial stakes while making the BCCI among the richest sports
federations in the World despite the fact that cricket is actively played in
only 10 countries as against 208 in football!
The question is whether the valuation of cricket is overly inflated
considering the base price for bids by the franchisees being $50 million even
allowing for the fact that cricket enjoys the highest TRPs in India.
The IPL squads | Images: SRK, Preity turn up for IPL auction | Full
coverage: Indian Premier League 2008
Any which way you look at the IPL and its millions, the BCCI has made the
sporting world to sit up and take notice. After all, the IPL is now reckoned to
be among the top revenue grosser, only behind the likes of National Football
League (US), Major League Baseball, the NBA and of course, the English Premier
League.
We might lament the obscene amounts being forked out by persons or entities
of little or no cricketing credentials at a time when Indian sport is living a
hand-to-mouth existence. But the fact is cricket has taken an irreversible step
that has put the sport in the realm of fantasy. A would-be parent would now
encourage the offspring to take to cricket as a career rather than any other
sport.
Listening to the franchisee owners' blah-blah about their wish to 'contribute
to the development of Indian cricket' and 'encourage youngsters', I thought they
were insulting the intelligence of the audience. Team owners like Mukesh Ambani
and Vijay Mallya are hardcore businessmen who may casually throw a few hundreds
of millions of dollars for a lark, but behind every penny they spend, they would
have perceived a return. If not, they would not have been in business in the
first place!
The same could be said of cricketing nobodies like Priety Zinta, Shah Rukh
Khan, Ness Wadia and their ilk who today are `proud owners' of the sport's top
players. In fact, the situation is such these days that Bollywood rides on
cricket. SRK's presence at the T20 World Cup final sporting a T-Shirt
proclaiming his latest film was a case of clever promotion of his movie, for he
knew the cameras would be panned on him and he leveraged the situation to the
maximum.
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rates
If anything, the days of the amateur are gone for ever. The IPL and its
billions have ensured that. I wouldn't get into cricket bashing, but rather, the
BCCI has only exposed the sorry state of other sports federations in India.
For instance, the recent hockey Test series between Belgium and India in
Chennai did not have a single sponsor! None of the Indian players were even paid
a rupee (leave alone a dollar). Yet, hockey is often touted as India's `national
sport and pride' on the basis of the eight Olympic gold medals it won decades
ago. Last year, the Asia Cup winning team had to threaten a hunger strike to
earn a couple of lakhs for their success!
Ironically, the IPL has been introduced in an Olympic year. The Beijing Games
are barely six months away. Few federations have even a plan in place, be it
training or fund-raising to meet the costs. Instead, just about every one of
them is on hands and knees awaiting moneys from the Indian government.
Shocking, yes. But then, who cares? Other sports in India too, in a way can
also be branded as IPL - Indian Poverty League!