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 1,2020

Melbourne, May 1: Reclaiming the top spot in Test cricket has brought smiles back on their faces but Australia coach Justin Langer says beating India in their own den remains the ultimate test and their numero uno status will be put to test when they clash with the Virat Kohli-led team.

After a tumultuous transition phase post the ball-tampering scandal, Australia on Friday displaced India as number one side in Test format but Langer is aware that it does not take long for the situation to change.

"We recognise how fluid these rankings are, but at this time it was certainly nice to put a smile on our faces," Langer told Cricket Australia website. "We've got lots of work to do to get to be the team that we want to be, but hopefully over the last couple of years not only have we performed well on the field, but also off the field," Langer added.

The former left-handed opener underlined what he felt will be the ultimate test of character.

"Certainly a goal for us has been the World Test Championship ... but ultimately, we have to beat India in India and we've got to beat them when they come back (to Australia).

"You can only judge yourself as being the best if you beat the best and we've got some really tough opposition to come," Langer put his priorities in place. The team he insists needs to get better as now others will come gunning for them.

"Getting to No.1 is a great thing, but when you're No.1, you're always the hunted," Langer said. "We've been the hunters for a while, now we're the hunted and we need to get better and better."

Langer also hoped that white ball team under Aaron Finch will win the World Cup. "I know how hard it is to win World Cups ... everything has to go right. One day, I'd love to see Aaron Finch with all his mates lift that T20 World Cup above his head."

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News Network
April 30,2020

New Delhi, Apr 30: Indian skipper Virat Kohli on Thursday mourned the demise of veteran Bollywood actor Rishi Kapoor, called his death 'unreal and unbelievable' loss.

"This is unreal and unbelievable. Yesterday Irrfan Khan and today Rishi Kapoor ji. It's hard to accept this as a legend passes away today. My condolences to the family and may his soul rest in peace," Kohli tweeted.

Opening batsman Shikhar Dhawan also expressed his heartfelt condolences to the family and friends of the deceased.
"It's shocking to hear about the sudden demise of #RishiKapoor ji. My heartfelt condolences to his family and friends. May his soul rest in peace," Dhawan tweeted.

Earlier today, actor Amitabh Bachchan confirmed the news of the demise of the 67-year-old Rishi Kapoor. Rishi Kapoor was admitted to the Sir HN Reliance Foundation Hospital in Mumbai on Wednesday.

In September 2019, the veteran actor returned to Mumbai after staying in New York for almost a year for cancer treatment.

He was last seen in the 2019 film 'The Body' alongside Emraan Hashmi and Shobita Sobhita Dhulipala.

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Agencies
August 6,2020

New Delhi, Aug 6: The BCCI on Thursday suspended the IPL title sponsorship deal with Chinese mobile phone company Vivo for the event's upcoming edition amid heightened tensions in Sino-India diplomatic ties.

The BCCI sent out a one-line statement, without giving details, saying that Vivo would not be associated with the IPL this year. "The Board of Control for Cricket in India (BCCI) and vivo Mobile India Pvt Ltd have decided to suspend their partnership for Indian Premier League in 2020," the statement said.

Meanwhile, Vivo released its own statement saying that the two entities "have mutually decided to pause their partnership for the 2020 season".

Vivo won the IPL title sponsorship rights for five years from 2018 to 2022 for a reported sum of Rs 2,190 crore, approximately Rs 440 crore per annum.

The two parties are now working out a plan in which Vivo might come back for a fresh three-year period starting 2021 on revised terms.

However, a top BCCI official offered a different view. "Here we are talking about diplomatic tensions and you expect that after November, when IPL ends and before the next IPL starts in April 2021, there would be no anti-China sentiment? Are we serious?" a veteran BCCI official said on conditions of anonymity.

The anti-China sentiment in the country peaked after the violent face-off between the Indian and Chinese troops in eastern Ladakh. India lost 20 soldiers in the clash, while China also acknowledged unspecified casualties.

The stand-off at the Line of Actual Control (LAC) caused outrage across India with several calls for boycotts of Chinese companies and products.

The BCCI is now likely to float a tender for new IPL title sponsors as mandated by its constitution. The glitzy T20 league starts on Sept. 19 in the UAE, forced out of India due to the rising COVID-19 cases.

The new development is in stark contrast to what came out of Sunday's IPL's Governing Council meeting, where it was decided that Vivo, along with all the other sponsors, will remain on board.

This was after the BCCI had announced in June that all sponsorship deals pertaining to IPL will be reviewed in the aftermath of the clash in the Galwan Valley.

However, after Sunday's meeting, there was a huge backlash on social media about the BCCI holding on to Vivo.

Both parties then began thrashing out an amicable separation plan, at least for this season.

However, the end of this deal could spell losses for the franchises as they get a substantial share from the sponsorship pool. Half of the annual Vivo sponsorship money is distributed equally among eight franchises, which comes to Rs 27.5 crore.

"As of now, it will be very difficult for the BCCI to match the sponsorship amount at such short notice. Therefore, both BCCI and the franchises should be prepared to lose out on some money -- BCCI more but each franchise from Vivo's exit will potentially lose 15 crore," the official said.

"This year will be difficult for everyone but the show must go on," the official said.

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