IPL will do billion-dollar business this year: Modi

In terms of brand value or valuation there could be bigger sports club in the West but most of those have negative cash flow, Mr. Modi said

Indian Premier League would generate a revenue of USD one billion this season, thanks to huge fan following across the globe, attracting a large number of advertisers, its Commissioner Lalit Modi said on Wednesday.

“The tournament is still on and we have not reached the final number… Yes, it will be more than a billion dollar (about Rs. 4,700 crore) this season … last season we did USD 450 dollar.

“Thereafter, we would double every year,” Mr. Modi said and asserted that as long as the fans keep coming to IPL, the league’s brand value would increase and hence the revenue.

Revenue for Sony, the official broadcaster, alone would be about Rs. 700 crore to Rs. 800 crore, he said brushing aside the criticism that the advertising rates for the IPL’s third season were very high.

“There may be some advertisers who feel that way but there are lot many others who are willing to join us,” he said pointing out that the huge success of the tournament in terms of TV viewership would certainly entice the advertisers.

“There is no other sporting event across the world generating more eyeballs than the IPL,” he said, adding that the league was virtually in every part of the world through either broadcasters of through the Internet — via YouTube.

Asked about an independent brand consultancy valuing Brand IPL at USD 4.13 billion, more than double from last year, Mr. Modi said that it was not done by the organisation and .

“It is indeed valuation given to us by outsiders.”

Brand Finance, which came out with IPL brand’s latest valuation, said that the brand alone has risen significantly, providing tremendous economic value to its owner — BCCI.

It said this demonstrates the exponential value of IPL and the Brand potential in a cricket loving country like India and other global cricketing countries. Although the English Premier League is valued much higher at USD 12 billion, the IPL’s valuation has risen above USD four billion in just three years, Brand Finance pointed out.

In terms of brand value or valuation there could be bigger sports club in the West but most of those have negative cash flow, Mr. Modi said and pointed out that the English Premier League, though it commands a very high brand value, was facing a USD 800 million deficit.

“Here, we are talking about cash flow and it is growing to grow in future at IPL,” he said, while detailing the dynamics of financing of IPL franchises.

Mr. Modi said that the IPL teams had no load on them and “we are providing infrastructure and stadium free of cost.”

Asked about predictions that IPL could not sustain, Mr. Modi retorted: “Let them (cynics) say anything. I know the numbers. I know the game. I have delivered. We will continue to deliver.”

The success of IPL hinged on the capacity to draw huge crowds, a fact that need not be proven again and again, he said, adding that other factors included that teams were equally placed in terms of finances and capacity to buy the players.

“The level playing field between the teams would make the event more interesting,” he said and added that another factor for the success was that the revenue would be proportionate to the number of matches that are played.

This season there are 60 matches and the number would go to 90 by next year and, therefore, the revenue would increase on a pro-rata basis, he said

Sachin breaks world record, India wins series

Sachin Tendulkar rewrote history on Wednesday by smashing the first double century in ODI cricket as India crushed South Africa by 153 runs in the second one-dayer to clinch the three-match series with one game to spare.
Tendulkar (200 not out in 147-ball blistering knock) became the first batsman in the four-decade history of ODI to hammer a double century as India piled on a mammoth 401 for three and then skittled out South Africa for 248 in 42.5 overs for a facile win.

With this victory, India not only took an unassailable 2-0 lead in the series and rendered Saturday’s third and final match in Ahmadabad inconsequential but also ensured there was no threat to their status as the number two ODI side in the world.

For them, Dinesh Karthik (79 off 85 balls), Mahendra Singh Dhoni (68 not out off 35 balls) and Yusuf  Pathan (36 off 23 balls) starred with the bat but the day belonged to Tendulkar.

Epic 25 fours and 3 sixes

It was not only Tendulkar’s 46th ODI century but also the highest score in one-dayers, eclipsing the previous record of 194 which was held jointly by Pakistan’s Saeed Anwar and Zimbabwe’s Charles Conventry.

Charl Langvedt went into the history books as Tendulkar steered the pacer to the off side to get to the magical figure as the packed stadium went into a frenzy. Tendulkar’s previous best was an unbeaten 186 against New Zealand made at Hyderabad in 1999.

South Africa’s mammoth chase looked doomed as Praveen Kumar cheaply castled swashbuckling opener Herschelle Gibbs (7) in the third over. S Sreesanth (3/49) removed Roelof van der Merwe (12) with his fourth delivery and returned to see the back of in-form Hashim Amla (34 off 22 balls).

Ashish Nehra got the better of Jacques Kallis (11) in his second spell and by the 23rd over, South Africa were gasping for breath at 134 for seven.

AB de Villiers (114 not out) showed the kind of defiance not seen in his teammates as he hit his fifth ODI century. He added 77 runs with Wayne Parnell (18) to delay the inevitable but South Africa’s defeat was just a matter of time by then. De Villier’s unbeaten 101-ball knock had 13 fours and two sixes in it.

It all, however, was reduced to a footnote today as Tendulkar made history. During his unforgettable knock, Tendulkar rattled up a record 194-run second-wicket partnership with Dinesh Karthik, who recorded his career best 79 off 85 balls with the help of four fours and three six.

Partnership breaks India’s previous record of Tendulkar-Dravid 181 runs

It was Tendulkar all over as he also shared quick and big partnerships with Pathan and skipper Dhoni to pile the agony on the South Africans. With Pathan he added 81 runs for the third wicket, which ended when the Baroda all-rounder fell to Roelf van der Merwe. Pathan played his own aggressive brand of game and was ruthless against Parnell, hitting the left-armer for two sixes and a four in the 38th over.

Then for the fourth wicket, Tendulkar and Dhoni raised an unbeaten 101-run stand, which took India to its highest score against South Africa.Earlier, Wayne Parnell had cut short Virender Sehwag’s (9) stay but once Karthik joined Tendulkar in the middle, India were always in charge.

Top 10 individual ODI scores

Player Runs Team Opposition Year
  • S R Tendulkar
200* India v South Africa 2010
  • C K Coventry
194* Zimbabwe v Bangladesh 2009
  • Saeed Anwar
194 Pakistan v India 1997
  • IVA Richards
189* West Indies v England 1984
  • ST Jayasuriya
189 Sri Lanka v India 2000
  • G Kirsten
188* South Africa v UAE 1996
  • SR Tendulkar
186* Indi v New Zealand 1999
  • MS Dhoni
183* India v Sri Lanka 2005
  • SC Ganguly
183 India v Sri Lanka 1999
  • ML Hayden
181* Australia v New Zealand 2007

India 301/7 in 50 overs vs Sri Lanka in 2nd ODI – Nagpur

Nagpur: India vs. Sri Lanka Live Update: Team India has given a target of 302 runs to Sri Lanka to win the second ODI. India played all 50 overs at Nagpur’s VCA ground today. Sri Lanka needs to score 302 to win the match here.

2nd ODI: India vs Sri Lanka

Team India Captain Dhoni did extremely well, scoring 107 in 111 balls. He was caught by Dilshan. Suresh Raina became the second top scorer in the Indian side, scoring 68 runs in 55 balls.

Virat Kohli also did well, playing 65 balls and scoring 54 runs. Earlier, Gautam Gambhir, Virendra Sehwag and Sachin Tendulkar were sent back to pavilion at low score.

India’s altogether score is now 301 for seven. Sri Lanka needs to score 302 to win the match here.

BCCI getting bigger than Manchester United in sponsorship?

BCCI (Board of control for cricket in India) is undoubtedly the richest Cricket Control board in the world. The earnings have multiplied many times, thanks to the money spinning brain child of Mr.Lalit Modi – Indian Premier League (IPL) .

The structure of the IPL was much on the lines of how the football clubs leagues work eg : English Premier League (EPL). The initiative invited lot of doubts initially with people unsure if the Indian Cricket Audience is ready for a state wise loyalty but IPL came through and we all know what a grand success story it is.

BCCI

Cashing on the ever increasing popularity of IPL and its increasing brand value, BCCI has decided to up the stakes for sponsors vying for an opportunity to get associated with Team India.

The fresh bids for jersey sponsorship might see BCCI overtake one of the biggest football clubs in the world-Manchester United.

RedDevils’s current t-shirt sponsorship deal is approximately Rs. 650 crores for 4 years whereas BCCI is expecting around Rs.800 crore in sponsorship money for a 4 year deal. (Source: Espn)

BCCI is asking for a minimum reserve price of Rs 3 crore for each Test, ODI or Twenty20 game. Interesting to note here is that BCCI is asking the same price for Twenty 20 even though this format of the game has the least duration.

But, with the increasing popularity of the version, the sponsors might as well get the best bang out of their buck even if the eyeball attraction time is comparatively smaller.

The current sponsor SAHARA is paying around 2 crore each for an ODI and a Test match and Rs 1.5 crore for a T20 game. With the fresh bids rolling out, SAHARA might have to reconsider their sponsorship or be ready to dole out truck loads of cash.

BCCI has pulled out a rabbit from the hat with IPL as far as the revenues are concerned. Moreover, along with increasing revenues the brand value of Team India (BCCI) has zoomed too.

The stakes have been raised many folds but will the ROI (Return on Interest) also increase correspondingly for the sponsors. The sponsors will be betting on attracting maximum eyeballs wherever Indian team is playing.

But, shouldn’t the team performance act as an influencing factor too. If the team performance does not match the expectations of the audience, will enough people be watching the Sponsor’s logo on the player’s jerseys.

I have my doubts but then given the buzz surrounding the IPL and Indian team’s decent performance, the bidding process might attract enough players trying to outbid each other.

Do you think the BCCI will have enough bidders for the new deal or the asking price is too high this time around?

Sreesanth, Zaheer Recalled for Sri Lanka Series

Temperamental paceman S Sreesanth, whose on-field antics have often landed him in trouble, was today surprisingly included in India’s 15-member squad for the first two cricket Tests against Sri Lanka starting November 16 in Ahmedabad.

Pace spearhead Zaheer Khan expectedly returned to the squad after recovering from a shoulder injury, which had kept him out of the tri-series in Sri Lanka and the ensuing Champions Trophy in September.

The team to be captained by Mahendra Singh Dhoni also includes Tamil Nadu players opener Murali Vijay and middle-order paceman S Badrinath, while pacers Ashish Nehra and Munaf Patel were ignored.

Nehra did reasonably well in the ongoing one-day series against Australia, failed to find a place in the squad announced by BCCI secretary N Srinivasan after a meeting of the selection panel here.

The selection of Sreesanth raised eyebrows as the Kerala pacer has not really done anything significant in the domestic circuit since recovering from a back injury.

The selection seems all the more baffling given the fact that the bowler, who has a history of disciplinary indiscretions, was only last month given a final warning by the BCCI to mend his ways.

The 26-year-old Sreesanth will return to the Test fold after more than a year having played his last Test in April 2008 against South Africa in Kanpur.

India last played a Test match in April this year against New Zealand and the players to miss out from that squad are pacer Laxmipathy Balaji, wicketkeeper-batsman Dinesh Karthik and Dhawal Kulkarni.

Batsmen Suresh Raina and Virat Kohli, all-rounder Ravindra Jadeja and pacer Praveen Kumar, who are playing in the ongoing series against Australia, were not considered for selection for the three-match Test series.

As expected, the veteran batting duo of Rahul Dravid and V V S Laxman retained their places.

Barring Sreesanth’s comeback, there were no major surprises in the squad, which has eight specialist batsmen, three pacers, three spinners and one wicketkeeper in Dhoni.

Zaheer’s return will bolster the pace department which also has an off-colour Ishant Sharma, who has been retained despite his indifferent performance in last few months.

Off-spinner Harbhajan Singh will lead the spin attack with leg-spinner Amit Mishra and young left-armer Pragyan Ojha supporting him.

While Virender Sehwag and Gautam Gambhir will open the innings, Murali Vijay has been picked as reserve.

The middle-order has a stable look with Dravid, Sachin Tendulkar, Laxman and Yuvraj Singh forming a formidable line-up.

The Indian play the first Test in Ahmedabad followed by two more Tests in Kanpur (November 24 to 28) and Mumbai (December 2 to 6).

After the Test series, the Sri Lankans will play two Twenty20 matches and five one-dayers.

Team: Mahendra Singh Dhoni (capt), Virender Sehwag, Sachin Tendulkar, Gautam Gambhir, Rahul Dravid, V V S Laxman, Yuvraj Singh, Harbhajan Singh, Amit Mishra, Zaheer Khan, Ishant Sharma, M Vijay, Pragyan Ojha, S Sreesanth and S Badrinath.

Cricket’s new wonder boy wants to meet Tendulkar

SARFARAZ

Sarfaraz Khan, 12, from the Rizvi Springfield School poses next to the scoreboard after scoring 439 runs during the inter-school Harris Shield tournament in Mumbai on Wednesday

 

Mumbai kid Sarfaraz Khan who surpassed Tendulkar’s record to hit the headlines wants to meet the Indian batting maestro

Sarfaraz Khan first surpassed Sachin Tendulkar’s record to hit the headlines and the 12-year-old cricket prodigy now wants to meet the batting great in person to achieve his long-cherished dream.

Sarfaraz, who slammed 439 in the Harris Shield to better Tendulkar’s inter-school unbeaten knock of 346, showed maturity beyond his years as he dismissed any comparison made between him and Tendulkar.

“Sachin is my idol and I consider him as my ‘Guru’. Please don’t compare me with him,” the Rizvi Springfield student told PTI today.

“Even if I achieve one per cent of what he has achieved, I would be blessed. Meeting him is my dream, please write this,” he insisted.

Ill at ease with his overnight celebrity status, Sarfaraz said he had in fact fainted after giving series of interviews on Wednesday.

“It feels great to be chased by the media but they tend to go a bit overboard,” he complained.

“I fainted after completing my media assignments at 11 pm last night. More than the time I spent at the crease it has been the media interactions that has tired me out,” said the cricket talent who scored a mammoth 439 in 421 balls during a 456-minute vigil against a hapless Indian Education Society Secondary School.

His knock, which contained a staggering 56 fours and 12 sixes — nearly a triple hundred in itself — is the highest in the tournament beating the earlier record of 427 set by S Jadhav in 1963-64.

In the process, Sarfaraz also went past his idol Tendulkar’s 346 not out which the master batsman had scored for his school Shardashram Vidyamandir when he, along with friend Vinod Kambli, added a record 664 runs for the third wicket in February 1988, a world record for any level of the game.

Sarfaraz’s heroics has also allowed his father Naushad Khan, himself once a probable for Mumbai’s Ranji-squad, to live a dream that he had once seen for himself.

“I could not make it to the Mumbai squad that was led by Sachin Tendulkar and had Sameer Dighe as the vice captain.

Hence I am making sure that he does not make the same mistakes that I did,” said Naushad, who also coaches Sarfaraz.

“I never let him practise with boys of his age group. He practises with senior players like Kamraan Khan (a Rajasthan Royals player in IPL) and Iqbal Abdulla and Rahil Sheikh (both Mumbai Ranji players). Playing against them will make him tough as nails and prepare him for the higher level,” he adds.

However, the feeling that his son has become a star overnight is yet to sink in for Naushad, who is busy fixing media appointments for him.

“Instead of so much happiness at one time, I would have preferred it in installments. All I pray is that you guys (media) let him stay rooted so that he can achieve more glory,” he said.

Cricketer among two shot dead in Meerut

 

GAGADEEP_SINGH

 

Cricketer Gagandeep Singh was among two persons shot dead by an assailant in the city, police said on Saturday.

The incident occurred around 11:30 pm on Friday night when Mr. Singh along with his friend was standing outside a shop selling ‘kebabs’ here.

Police said a man got out of the car and demanded that he be served kebabs. When the shopkeeper Shahnawaz asked him to wait, he started abusing him.

Another man whose face was covered then came out of the same car and started firing in which 18-year-old Singh and the shopkeeper were killed, police said.

Residents of the area rushed the seriously injured Gagandeep and Shahnawaz to a hospital where they were declared brought dead. Another man identified as Sharif was injured in the incident.

Police suspect some old enmity was the reason behind the attack.

Seven empty shells were recovered from the spot, SP City, Prabal Pratap Singh said.

Singh represented India in an under-19 series in Australia six months ago.