Modi: IPL is recession proof?!! Ya right!

Just yesterday I read an article where Lalit Modi, Commissioner of IPL said that recession will have no impact on the tournament andthat that the glitzy Twenty20 league is virtually recession proof.

I don't think Lalit Modi understands the concept of recession to well and how long it takes to affects ones business. Today I read that Michael Clarke pulled out of the IPL auction saying he wanted time with his family but the real reason being that no one was ready to pay him 1 million dollars for signing the contract. The article continued to say Modi was upset. I hope he realises that this is the start of the impact recession will have on the tournament ie no sponsor will be ready to spend lavishly on big names, first because they don't have the money and second, because big names don't guarantee big wins (as proved by Rajestan Royals).

Lalit Modi, get down to reality, smell the recession and act accordingly. Every mother or father thinks their child is special. The IPL is not, its only the first of many more leagues to come in other countries.