How 'out-of-cash' KXIP almost lost Chris Gayle at IPL auction

Agencies
April 27, 2018

New Delhi, Apr 27: Chris Gayle has proved to be quite a bargain buy for Kings XI Punjab in the ongoing Indian Premier League but co-owner Ness Wadia revealed that the team almost lost the destructive opener at the auction, thinking it had run out of cash.

Gayle had unexpectedly gone unsold twice before KXIP bought him for his base price of Rs 2 crore. Wadia explained how the franchise got lucky with the Jamaican.

"We had only Rs 2.1 crore left and if we had bid for Chris earlier (at the auction) and another team came up with a counter bid, we did not have the money to buy him. Luckily, no other team bid for him and we were more than happy to get third time lucky," Wadia said.

KXIP, who had retained just one player in Axar Patel before the auction, spent big bucks in their bid to build a team for the future. Gayle was their final buy and the Rs 2 crore they spent on him meant they were left with just Rs 10 lakh, using almost their entire purse of Rs 67.5 crore.

Two months later, Gayle has proved all his critics wrong with two half centuries and a sensational 104 in four innings. He has even exceeded the expectations of team mentor Virender Sehwag, who had said that the Rs 2 crore spent on Gayle and Yuvraj Singh will be recovered even if they both won them a couple of games.

The 38-year-old has been exceptional so far but a big knock from the 36-year-old Yuvraj is still awaited. In fact, the stylish southpaw was dropped from the playing eleven against Sunrisers Hyderabad last night.

"Yuvi is not among the runs at the moment but we hope that he will bounce back. He is of good value to the franchise and that is why we got him back," said Wadia referring to Yuvraj, who was KXIP captain in the first two seasons.

Yuvraj may not be in the best of form but the big bucks spent at the auction seem to have paid-off with the team doing well in the first half of the season under new captain Ravichandran Ashwin. Besides Gayle, performances from KL Rahul, Ankit Rajpoot and young Afghanistan spinner Mujeeb Zadran have stood out.

Wadia too is pleased with the performance so far after disappointment in the previous three seasons.

"We wanted to build a team for the long term. We wanted to spend more money. We wanted an Indian captain and to be honest we wanted Ashwin at any cost. He is a genius and knows what it takes to win (having won IPL at CSK).

"We were very clear that if we spent the money we would get what we were looking for. That was the difference with the old strategy. Bringing an Indian captain also brings in a lot of flexibility," said Nadia adding that going for Afghan spin sensation Zadran as very much Ashwin's idea.

Talking about the evolution of IPL over the last decade, Wadia is relieved that being part of the tournament was finally making financial sense.

"Finally, it is making sense (financially) after 10 years. It has been a long wait. The most important thing is when we got into the IPL the focus was on to promote sport. IPL has led to the emergence of cricket leagues around the county. I am so glad about that. 

"It has given the players a career option. It has led to leagues in other sports too."

Where does IPL go from here on?

"There has to be more international matches (for the teams), more exposure. If you include the pre-season camp, we get about an eight week period in one year.

"A second tournament or a smaller tournament outside India would be very beneficial for everyone," he added.

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News Network
May 9,2020

May 9: Indian cricket icon Sachin Tendulkar has donated an undisclosed amount to financially help 4,000 underprivileged people, including children from Brihanmumbai Municipal Corporation (BMC) schools, amid the Covid-19 pandemic.

Tendulkar made the donation to the Hi5 Foundation, a non-profit organisation based out of Mumbai.

“Best wishes to team Hi5 for your efforts in supporting families of daily wage earners,” Tendulkar tweeted.

The organisation, through a tweet, thanked Tendulkar for doing his bit for the needy.

“Thanks @sachin_rt for proving once again that #sports encourages compassion! Your generous donation towards our #COVID19 fund enables us to financially aid 4000 underprivileged people, including children from @mybmc schools. Our budding sportspersons thank you, Little Master!”

The legendary batsman had earlier contributed Rs 25 lakh each to Prime Minister’s Relief Fund and Chief Minister’s Relief Fund for the country’s fight against COVID-19. Tendulkar had earlier pledged to bear the cost of feeding 5,000 people for a month in a couple of areas in Mumbai.

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News Network
June 19,2020

Jun 19: The BCCI is open to reviewing its sponsorship policy for the next cycle but has no plans to end its association with current IPL title sponsor Vivo as the money coming in from the Chinese company is helping India's cause and not the other way round, board treasurer Arun Dhumal said on Friday. Anti-China sentiments are running high in India following the border clash between the two countries at Galwan valley earlier this week. The first skirmish at the India-China border in more than four decades left at least 20 Indian soldiers dead. Since then, calls have been made to boycott Chinese products.

But Dhumal said Chinese companies sponsoring an Indian event like the IPL only serve his country's interests.

The BCCI gets Rs 440 crore annually from Vivo and the five-year deal ends in 2022.

"When you talk emotionally, you tend to leave the rationale behind. We have to understand the difference between supporting a Chinese company for a Chinese cause or taking help from Chinese company to support India's cause," Dhumal said.

"When we are allowing Chinese companies to sell their products in India, whatever money they are taking from Indian consumer, they are paying part of it to the BCCI (as brand promotion) and the board is paying 42 per cent tax on that money to the Indian government. So, that is supporting India's cause and not China's," he argued.

Oppo, a mobile phone brand like Vivo, was sponsoring the Indian cricket team until September last year when Bengaluru-based educational technology Byju's start-up replaced the Chinese company.

Dhumal said he is all for reducing dependence on Chinese products but as long as its companies are allowed to do business in India, there is no harm in them sponsoring an Indian brand like the IPL.

"If they are not supporting the IPL, they are likely to take that money back to China. If that money is retained here, we should be happy about it. We are supporting our government with that money (by paying taxes on it)."

"If I am giving a contract to a Chinese company to build a cricket stadium, then I am helping the Chinese economy. GCA built the world's largest cricket stadium at Motera and that contract was given to an Indian company (L&T)," he said.

"Cricketing infrastructure worth thousands of crores was created across country and none of the contract was awarded to a Chinese company."

Dhumal went on to say the BCCI is spoilt for choice when it comes to attracting sponsors, whether Indian or Chinese or from any other nation.

"If that Chinese money is coming to support Indian cricket, we should be okay with it. I am all for banning Chinese products as an individual, we are there to support our government but by getting sponsorship from Chinese company, we are helping India's cause."

"We can get sponsorship money from non-Chinese companies also including Indian firms. We can support our players any way but the idea is when they are allowed to sell their products here, it is better that part of money comes back to the Indian economy."

"The BCCI is not giving money to the Chinese, it is attracting on the contrary. We should make decision based on rationale rather than emotion," he added.

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News Network
April 21,2020

New Delhi, Apr 21: India skipper Virat Kohli on Tuesday said people seem to have become more compassionate while coping with the COVID-19 pandemic and hoped the sense of gratitude towards frontline workers like doctors and police personnel remains even after the crisis is over.

Speaking in an online class organised by "Unacademy", Kohli and his actor wife Anushka Sharma spoke at length about the challenges they faced before tasting success.

"The one positive out of this crisis that we as a society have become more compassionate. We are showing more gratitude to the frontline workers in this war, be it police personnel, doctors or nurses.

"I hope it stays this way even after we overcome this crisis," said Kohli with Sharma seated next to her.

Kohli said the pandemic has taught the world a very important lesson.

"Life is unpredictable. So, do what makes you happy and not get into comparisons all the time. People have a choice now how to come out of this phase. Life is going to be different after this," said the skipper.

For Sharma, the pandemic has forced people to care about the basics in life.

"There is a learning in all of this. Nothing happens without a reason. If the frontline workers were not there, we would not have access to basics," she said..

"This has taught us that no one is special than the other. Health is everything. We are more connected as a society now," she added.

During the session, Kohli was asked about the moment when he felt most helpless.

"I felt nothing was working for me when I was not picked for the state team initially. I cried the whole night and asked my coach 'why did I not get selected'?" he responded.

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