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IPL’s suspended chairman, Lalit Modi has given a reply to the last of the BCCI’s notices that was sent to him a few days ago. The issue that was mentioned in this notice was to do with the awarding of movie hall rights, for which there was no particular permission taken from the BCCI.
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IPL’s suspended commissioner, Lalit Modi is in more trouble now as the Indian cricket board has sent him a third notice. This notice consists of Modi to explain why he undersold the IPL contract to broadcast the tournament in the movie halls and questions the need to sell the mid-over advertisements without the permission of the BCCI. Modi has already replied to the first notice, and is expected to reply to both, the second and the third notice on the same day.
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The Indian cricket board has announced the appointment of Bharat Patel, a senior member from the corporate world in India to assist the IPL interim chairman in his work. He will work in the capacity of an advisor to the IPL chairman.
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With the noose beginning to tighten around the neck of Lalit Modi, it looks increasingly likely that the prospects of Modi remaining the chairman and commissioner of the tournament look bleak. The BCCI, already seems to be making all the right noises and there is a good chance that with the federal intelligence agencies having widened the investigations to include the IPL TV rights holders, things can only become more difficult for Modi.
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The IPL has decided that it will choose the two new franchises on the 21st March, instead of doing that yesterday, which was the actual date of choosing the new teams. The decision to do so was held in abeyance after there were many pull-puts due to changes in the rules at the last moment.
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The Indian Premier League governing council has decided that there would be two extra teams for the 2011 edition of the IPL from the existing eight sides. However, what is more surprising is the fact that the base price for the bidding has been increased to $225 million. This is more than four times the base price that was set for the first edition of the IPL and more than twice the price of the costliest team in the previous IPL – the $100 plus for Mumbai Indians.
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