Chris Gayle
Captain Coolest-cum-Opposition Slayer. Laidback. So is most of Kerala. Leads revolts against employers. So do the Commies. Loves to earn and spend the big bucks. So do Kerala's capitalists. Would so love the place, tropical climate and all. Can put on those sunglasses, relax in a houseboat and sip on a coconut in Kochi's backwaters while showing off all the gold chains he garnered at those innumerable jewellery showroom inaugurations. And the captaincy? Gayle happy. Team happy.
Showing posts with label IPL franchise auction. Show all posts
Showing posts with label IPL franchise auction. Show all posts
Sunday, March 21, 2010
Who will captain the Kochi franjhise?
Labels:
Chris Gayle,
IPL franchise auction,
Kochi franchise,
Mahela Jayawardene,
Sreesanth
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Sometime tomorrow in a school in Kerala ...
Labels:
business,
Humour,
IPL,
IPL franchise auction,
valuations
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Teacher: Why was Kerala in the news on Sunday?
Students: Because we have a franjhise in the Eye Pee Yell.
Feeds:
Students: Because we have a franjhise in the Eye Pee Yell.
Feeds:
17000000000 rupees ...
Labels:
business,
IPL,
IPL franchise auction,
valuations
0
comments
for the right to run an IPL franchise? And only for 10 years. And for Pune.
To put that in perspective, Reliance will pay around Rs 500 crores for the Mumbai franchise for the 10-year period that started in 2008. And when bought, the franchise was assured of having Sachin Tendulkar on its roster (the fees didn't include his pay).
On the other hand, a consortium of five will pay 1500 crores for the Kochi franchise. Now, assume if these five had an equal stake in the franchise, their individual shares towards the franchise rights would approximately be the same as the combined share of all the owners of the Jaipur franchise (Rajasthan Royals).
The Sahara Group bought the Pune franchise. What surprises a bit is the description - The biggest patron of sports in the country - that Cricinfo gave the group. Sahara is the main sponsor of the national cricket and hockey teams and several tournaments such as the national championships of wrestling, archery, boxing and shooting. It supports many bright young sportspersons, especially promising individuals in of wrestling, archery, boxing and shooting. But still in terms of numbers, won't an Air India or Indian Railways beat them hands down in terms of number of sportspersons on their payrolls, tournament participation, sporting infrastructure etc. Or does the sponsorship of national teams turn it in Sahara's favour? But is that patronage or smart marketing?
Many more thoughts on the new franchises, we shall post the same over the next few days.
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To put that in perspective, Reliance will pay around Rs 500 crores for the Mumbai franchise for the 10-year period that started in 2008. And when bought, the franchise was assured of having Sachin Tendulkar on its roster (the fees didn't include his pay).
On the other hand, a consortium of five will pay 1500 crores for the Kochi franchise. Now, assume if these five had an equal stake in the franchise, their individual shares towards the franchise rights would approximately be the same as the combined share of all the owners of the Jaipur franchise (Rajasthan Royals).
The Sahara Group bought the Pune franchise. What surprises a bit is the description - The biggest patron of sports in the country - that Cricinfo gave the group. Sahara is the main sponsor of the national cricket and hockey teams and several tournaments such as the national championships of wrestling, archery, boxing and shooting. It supports many bright young sportspersons, especially promising individuals in of wrestling, archery, boxing and shooting. But still in terms of numbers, won't an Air India or Indian Railways beat them hands down in terms of number of sportspersons on their payrolls, tournament participation, sporting infrastructure etc. Or does the sponsorship of national teams turn it in Sahara's favour? But is that patronage or smart marketing?
Many more thoughts on the new franchises, we shall post the same over the next few days.
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