LONDON: Indian Premier League founder Lalit Modi believes there will come a time when players will earn $1 million dollars per game while warning that the traditional programme of matches between countries “will disappear”.
A Twenty20 domestic franchise competition launched a decade ago, which has spawned a host of imitators worldwide, the IPL is now the most lucrative of all cricket tournaments.
“The IPL is here to stay,” Modi told Britain’s Daily Telegraph newspaper in an interview published Thursday. “It will be the dominant sporting league in the world.”
IPL teams are bankrolled by wealthy businessmen operating in an environment where the passion for cricket in India, the world’s second-most populous nation, makes the game an attractive target for sponsors and broadcasters.
Modi left India to live in London and has not returned home since 2009. The Board of Control for Cricket in India found him guilty of eight offences relating to irregularities in the administration of the IPL.
He has never been charged by the Indian government with a crime and denies all accusations, but Modi has repeatedly insisted he cannot go back to India because of underworld threats to his life.