The IPL could carry out important changes next year with its auction
conducted in rupees instead of dollars and for the first time including,
in some manner, uncapped Indian players. These would be welcome
changes, according to Venky Mysore, the Kolkata Knight Riders CEO, but
he has voiced strong concerns about the conduct of the IPL and said the
league's administrators need to be more open and responsive to the
franchises and work hard closely with them.
Asked on ESPNcricinfo's daily video show The Huddle a wish he
would like the IPL to fulfill, Mysore said it would be to make the
franchises more profitable and help them stand on their legs. "The
financial viability of the franchises has to be uppermost on the mind of
the league. Sorry to be a bit blunt, but at times I have felt that is
not necessarily the case," Mysore said. "The reason is stakeholders come
into various businesses for passion. They have a vision and it fits
into that, but you do not want them waking up one day and wondering what
am I doing in this business. And that would happen if they are
bleeding."
With player contracts expiring end of this season, franchises are
getting ready for an overhaul with majority of the players - both capped
and uncapped, including domestic Indian players - going to the auction.
Mysore said the IPL would need to be transparent about the auction
rules, especially on the point of retention. In 2011, the IPL had
allowed every franchise to retain a maximum of four players with the
rest returning to the auction. "Auction issue is big. While we really
did not retain anyone in 2011, now we have an opportunity and we are
certainly keen depending on what the rules are going to be. We are
campaigning for saying retention is a must. If there is a precedence
that says four, we are even happy to support more than four," he said.
With the salary cap increasing every year, Mysore warned the IPL needed
to be more disciplined while deciding on the purse amount. At this
year's auction, held in February, every franchise had a $12.5 million
purse. Mysore also recommended the IPL to have the player salaries converted into
Indian rupees instead of the prevalent dollar. "The reason for that is
over the last two-and-a-half years the currency has depreciated almost
25-30%. So when you convert $12.5 million into rupees the salary cap has
grown 500% (sic). No business can survive on that basis," Mysore said.
According to him, the IPL has told him that 2014 auction would be
rupee-based.
Another deterrent to an open auction has been the perception that the
IPL rules are not set in stone and are flexible while favouring certain
powerful franchises. Why then would they not operate as one while
voicing their concerns? "That perception (of certain franchises taking
advantage) does exist and as the saying goes, over a period of time
perceptions do become reality. But there can be a spirit of
co-operation. We are not a large league. We are nine teams. And
everyone pretty much gets along with everybody from what I've seen. The
recommendations that we make are certainly for the benefit of the entire
league if not only the franchises. But somehow there is a certain
sense of concern of quality or security on the part of the IPL," he
said.
As an example, Mysore cited the case of asking the IPL permission to
allow the franchise to play exhibition games overseas last year. "They
got off the block a little bit and said yes, but what they also said was
we go and play an Associate country," Mysore said. But according to
him, playing in Ireland, Scotland, Canada was not economically feasible.
As a solution he suggested to allow two franchises to play against each
other in an Associate country, but the IPL showed reluctance once
again. Mysore is still not losing hope. "I can see there is more
openness, although not enough for our liking, but it is slowly coming
in."
A grey area franchises have exploited in the past is signing an uncapped
Indian domestic player, who has never been part of the auction unlike
his overseas counterpart. Uncapped Indian players are paid a maximum of
Rs 30 lakh ($55,300 approx) with the IPL reasoning that inflating the
salary would corrupt the youngsters. However, according to Mysore it is
another way of bending the rules. "There are ways in which you can
control the value that is "thrown" at a player. Whenever you do price
control, people always find ways to get around it and we are a very
creative bunch," Mysore said.
Offering a solution, Mysore felt a good way out was to put the Indian
uncapped domestic players as a group at the back-end of the auction.
"Everyone who left the auction in 2011 had roughly between
$400,000-500,000 (of the purse money) left to sign up Indian uncapped
boys. Pretty much the same thing could happen next year. In the process
there might be one or two players who might command a high fee. So be
it. At least the market forces will be at work rather than the
circuitous routes taken in 2011 (by franchises). There were allegations
like someone paying someone's brother-in-law a car or a mother-in-law a
house to overcome the rules. That is silly."
He remained confident though, having been assured by the IPL about
plugging that loophole. "I am told that in the next auction Indian
uncapped boys will also come into the auction."
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