Why I hate the IPL and More..

Why I hate the IPL and More..

As most Indians, I too love India-Pakistan cricket matches which we win,not otherwise..

When the IPL started on the formats followed in soccer-EPL, LA Liga etc, I was super excited. We were projecting cricket as an international game (we did succeed with the sheer audience numbers).But as it progressed, realization dawned that it did more harm than good. Suddenly so much money can never be good. Cricketers became the face of most products/services advertised. Multiple holding patterns meant lot of unaccounted money was on its way in. After game parties became the hotbed of prostitution and illicit dealings. Not to mention the betting syndicates (at record levels).And many more..

I have a theory-the Indian economy’s downfall started with the advent of IPL. Look back and you’ll agree. With so much money having made its way in, inflation was bound to rise. Not just the cricketers, others like support staff, event organizers etc got higher cash in their hands. Picture this 4-5 cricketers + 1 highly paid actor + 3 commentators/umpires were roped in to sell a Rs 5 packet of chips and that too with prizes and what not?? The budget of this would be in crores and the product value is Rs 5 and then we complain that there are some chips in a bag of flavored air sold by chips manufacturers???

Everything endorsed by these cricketers has been priced higher than its peers. From where will this extravagance be recovered from??

From real-estate to event management to stock market this fresh crop of cricketers have invested heavily and so have the people behind this melee.. Elections can be our only savior when the investments stuck in various places would be needed to fund campaigns. This could cause some movement in the market. Till then fingered crossed..