Never seen so much money, Morris on IPL deal

February 4, 2013

iplpak

Johannesburg, Feb 4: The bidding war that his name triggered at the IPL players auction left Chris Morris' head spinning and the South African all-rounder conceded that he has never seen the kind of money he would now be drawing.

"I have never in my life seen this much money," said Morris, who was bought for a whopping USD 625,000 (Rs 3.3 crore) by the Chennai Super Kings, 31 times more than his base price of USD 20,000.

Morris was sought by the Mumbai Indians and the Royal Challengers Bangalore as well but they were outbid by CSK at the auction in Chennai where only 37 of the 108 players in fray managed to find buyers.

Morris followed the auction on his ipad and was amazed to see the interest in him.

"Neil McKenzie had a little joke with me when it got to (USD) 450,000 but nobody could really believe what was happening," Morris told 'ESPN Cricinfo'.

In rands, the 25-year-old's earnings are now 5.5 million and he has no clue how to spend the money except for splurging some of it on his parents.

"I honestly don't know. I suppose one of the things I'd like to do is give my parents anything they should like and spoil them a little bit," he said.

Morris was the leading wicket-taker for his domestic team Lions in the national T20 competition last season. He was spotted by CSK coach Stephen Fleming during the Champions League Twenty20 in the same year.

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News Network
March 3,2020

Sydney, Mar 3: Former Australia pacer Brett Lee foresees a "different" looking India making their maiden T20 Women's World Cup final and attributed their rise to the emergence of star players like 16-year-old Shafali Verma.

Besides opener Shafali, experienced leg-spinner Poonam Yadav has been the other match-winner for India in the competition. The Harmanpreet Kaur-led side topped the group stage with four wins in as many games and play their semifinal here on Thursday.

"They've never reached the final but this is a different India team from the one they’ve seen before. They've combined match-winners in Shafali Verma and Poonam Yadav with consistent players with both bat and ball," Lee was quoted as saying by ICC.

"We've always known they have some of the best players in the world but now Harmanpreet Kaur has a team around her that can support the big players, and fill in the gaps when they have an off day."

Only a special effort from their opponents can stop India from reaching their maiden final, feels Lee.

They'll go into the semi-finals full of confidence and it will take an excellent team to stop them from reaching the Final."

Talking more about Shafali, who has got 47, 46, 39, and 29 so far, Lee backed the teen sensation to make a bigger score in the semifinal.

"Shafali Verma has been excellent at the top of the order, she’s brought a fearless energy to India’s batting and been brilliant to watch.

"You feel she can go even bigger as well – she hasn't reached 50 yet, which is both exciting for those watching and worrying for the bowlers.

"We saw from the opener against Australia just how good India can be, and it’s no surprise they’ve continued that form to top Group A," he added.

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News Network
March 10,2020

New Delhi, Mar 10: Six-time world champion M C Mary Kom (51kg) and world number one Amit Panghal (52kg) were among three Indian boxers who secured Olympic berths by advancing to semifinals of the Asian Qualifiers here on Monday, taking the total number of the country's Tokyo-bound pugilists to eight.

Second-seeded Mary Kom notched up a comfortable 5-0 win over Philippines' Irish Magno in her quarterfinal bout for a ticket to her second Olympic Games. She won a bronze in the 2012 London Olympics when women's boxing was first introduced at the showpiece.

The 37-year-old will square off against China's Yuan Chang in the semifinals. Chang is a former Youth Olympics champion.

Earlier, world silver-medallist and top seed Panghal edged out familiar foe Carlo Paalam of Philippines in a 4-1 split verdict to be assured of his maiden Olympic appearance and a medal at the qualifiers.

In the last Indian bout of the day, world bronze-medallist Simranjit Kaur (60kg) upstaged second seed Namuun Monkhor of Mongolia 5-0 to secure her first Olympic place.

With this, the number of Indian boxers securing Olympic berths went up to eight after Satish Kumar (+91kg), Pooja Rani (75kg), Vikas Krishan (69kg), Lovlina Borgohain (69kg) and Ashish Kumar (75kg) advanced to the semifinals on Sunday.

"I dedicate my Olympic quota to my uncle Raj Narayan, it's his birthday and he is someone who gives me a lot of courage," said Panghal after his bout.

World bronze-winner and Commonwealth Games silver-medallist Manish Kaushik, however, lost 2-3 to third seed Chinzorig Baatarsukh of Mongolia after an intense battle but is not out of contention for an Olympic berth just yet.

Kaushik has to win the box-off between losing quarterfinalists as the top six boxers will claim Tokyo tickets in the 63kg category. He will face Australia's Commonwealth Games champion Harrison Garside in the box-off. The two clashed in the CWG final in 2018 with Garside ending up on the winning side.

Panghal started India's winning run on Monday by managing to pull off a close win.

The 23-year-old, who is the reigning Asian Games and Asian Championships gold-medallist, had earlier beaten Paalam in the semifinals of the 2018 Asian Games and the quarterfinals of 2019 world championships, which were also split decisions.

"I followed the instructions given by my coaches. I ensured that he didn't get on top of me. I think I was pretty consistent in all three rounds," Panghal said.

Next up for Panghal is China's Jianguan Hu, who stunned world bronze-medallist and fourth seed Kazakh Saken Bibossinov 5-0.

"I have beaten him in the Asian Championships and I know how to get the better of him," Panghal said of his next opponent.

The Haryana lad didn't exactly look at his best during the bout but his trademark counter-attacking game fetched him the desired result against a rival, who is challenging him more with every fresh encounter.

Mary Kom, on the other hand, put out a near-perfect performance against the very spirited Magno. The Manipuri dictated the pace of the bout, drawing from her huge reservoir of experience to put Magno on the backfoot with a very effective counter-attacking strategy.

Simranjjit, also an Asian silver-medallist, will face third seed Shih-Yi Wu of Taiwan in the semifinals after a fine performance against Monkhor. Simranjit's right hand connected accurately all through.

Kaushik, who was up against an Asian Games silver-medallist, started well but lost steam in the face of relentless body shots by Baatarsukh, a two-time podium finisher at the Asian Championships.

Baatarsukh had lost to Kaushik in the second round of the world championships last year and he exacted revenge with an aggressive takedown of the Indian, especially in the final three minutes.

However, former junior world champion Sakshi Chaudhary (57kg) failed to secure an Olympic berth after going down to Korea's Im Aeji in the quarterfinals.

The 19-year-old Chaudhary lost 0-5 to Im, who is also a former world youth champion. Only the semifinalists are entitled to an Olympic berth in the women's 57kg category of the ongoing event.

Her next shot at Tokyo qualification would be the world qualifiers in May, provided she is selected for it.

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Agencies
April 2,2020

Lausanne, Apr 2: The postponement of the Tokyo Olympics and the shutdown of the sporting calendar because of the coronavirus pandemic are going to hit international sports federations hard financially.

Many sports that are part of the Games depend heavily on the payouts every four years from the International Olympic Committee (IOC).

"The situation is tense and very gloomy. An assessment will be made, but clearly some posts are under threat," said an official of a major international federation.

The 28 international federations (IF) of the sports that were due to be present at the Tokyo Olympics, would have received substantial sums from the IOC.

However, the postponement of the Games until 2021 could lead to a freeze of their payment.

"We have a lot of IF with substantial reserves, but others work on a different business model, they have income from major events which are suspended, which can be a problem for the cashflow if they don't have enough reserves," said Andrew Ryan, director general of the Association of International Olympic Summer Sports Federations (ASOIF), which is responsible for distributing this money.

The five additions to the Tokyo Games programme - karate, surfing, skateboarding, climbing and baseball/softball - are not eligible.

The Olympic payout totalled 520 million after the Rio Games, four years ago.

"The Olympic money could be less than for Rio 2016," Ryan warned before adding: "My advice is to budget the same as in Rio".

The federations receive money on a sliding scale determined by their audience and size.

The three largest (athletics, swimming and gymnastics) can expect approximately 40 million.

For the second tier, made up of cycling, basketball, volleyball, football and tennis, the sum is 25 million.

For group three, which contains eight sports, including boxing, rowing, judo and table tennis, it is 17 million.

The nine sports in the next level (including sailing, canoing and fencing) receive 12 million.

For the three in the last category (rugby, golf, modern pentathlon) the payout is 7 million.

For the largest associations, such as football's FIFA which has a 1.5 billion nest egg, or basketball body FIBA which has CHF 44.4 million (42 million euros) in reserves, IOC aid represents a small proportion of their income.

For others, it is vital.

"Some IF probably don't have the cashflow to survive one year," said Ryan.

For most federations, the postponement of the Olympic Games has a domino effect, forcing them to reschedule their own money-earning competitions.

"The revenues from these events will eventually come in," said Ryan. "But this impacts the cashflow." World Athletics has already postponed the 2021 World Championships in Eugene, Oregon to 2022.

The International Swimming Federation (FINA) will have to do the same for its World Championships scheduled for next summer in Fukuoka, Japan, when they would probably clash with the Tokyo Games.

"One edition of the World Championships means for us 10 million in revenues," said one sports federation official, speaking on condition of anonymity.

"If this income is postponed, totally or partially, for a year, we will face major problems, especially if the IOC money, originally expected in September, is not paid out."

The Singapore-based International Table Tennis Federation has already taken steps, with "the Executive Committee agreeing to reduce their expenses and senior staff offering to take a salary reduction," said marketing director Matt Pound, but, he added,"further cuts will take place if needed."

- 'Significant loss of revenue' -

The ITTF has suspended all its competitions until June and that is costly.

Kim Andersen, the Danish president of London-based World Sailing, said commercial revenues are not immune.

"The IOC will eventually pay out its aid, but what weighs most heavily is the uncertainty about whether our competitions will be held and whether our sponsors will be maintained," he said.

The IOC is not prepared to go into details of what it plans.

"It is not possible at this stage to assess the overall impact" of the postponement of the Tokyo Olympics, an official told AFP.

"It depends on a number of variables that are currently being studied." According to an official of one federation: "the IOC will discuss on a case-by-case basis, sport by sport".

Another option is for the federations to ask for a share of the public aid set up to deal with the coronavirus crisis, in Switzerland, where 22 ASOIF members are based and also in the United Kingdom, home of World Sailing.

"Can sports federations benefit from federal aid? The answer is yes, in principle," Philippe Leuba, State Councillor of the canton of Vaud, in charge of the economy and sport, told.

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