Lalit Modi

Right. The Indian market would say like, okay, fine. We don't need Chris Gale. We'll still watch without him. And then because they had so much leverage and there was so much money, I think if I remember right, when discussions were being bandied about about this happening, Chris was like, I'm just going to go play in the IPL and no longer play international cricket for the West Indies.

Right. The Indian market would say like, okay, fine. We don't need Chris Gale. We'll still watch without him. And then because they had so much leverage and there was so much money, I think if I remember right, when discussions were being bandied about about this happening, Chris was like, I'm just going to go play in the IPL and no longer play international cricket for the West Indies.

Like, what are you going to pay me that's going to come close to this?

Like, what are you going to pay me that's going to come close to this?

Yes, exactly.

Yes, exactly.

Yeah, but that wasn't an IPL or a BCCI innovation. They just borrowed it.

Yeah, but that wasn't an IPL or a BCCI innovation. They just borrowed it.

Oh yeah, production value. And then if and when they do get into local revenue streams and stadiums, that absolutely becomes scale economies. But the production value associated with the broadcasts of IPL are now, you know, again, are they like quite at NFL Monday night football levels yet? Maybe. I don't know. They're pretty close. Like you're not going to do that anywhere else.

Oh yeah, production value. And then if and when they do get into local revenue streams and stadiums, that absolutely becomes scale economies. But the production value associated with the broadcasts of IPL are now, you know, again, are they like quite at NFL Monday night football levels yet? Maybe. I don't know. They're pretty close. Like you're not going to do that anywhere else.

Right. That's a good question. I mean, international cricket and test cricket is still a thing, and the Indian national team playing is still a big deal.

Right. That's a good question. I mean, international cricket and test cricket is still a thing, and the Indian national team playing is still a big deal.

Right, exactly. I think it's kind of the same reason as the cornered resource and the players of... If a rival, true rival league in another country were to try to do this, you just can't attract the critical mass of advertising dollars to make it worth it, given that so much of the market is in India. That said, I do think this is a version of the mega bull opportunity of like,

Right, exactly. I think it's kind of the same reason as the cornered resource and the players of... If a rival, true rival league in another country were to try to do this, you just can't attract the critical mass of advertising dollars to make it worth it, given that so much of the market is in India. That said, I do think this is a version of the mega bull opportunity of like,

The IPL, either itself directly or through its surrogate leagues that it has investment in, like Major League Cricket or The 100 in England, they say, yeah, we're going to do this and we're going to send our players.

The IPL, either itself directly or through its surrogate leagues that it has investment in, like Major League Cricket or The 100 in England, they say, yeah, we're going to do this and we're going to send our players.

Except it's not really a challenge because a whole bunch of the IPL franchises are invested in 100 franchises. So it's sort of like half a challenge, half a further exploration of does IPL use the other leagues to effectively build their own other windows?

Except it's not really a challenge because a whole bunch of the IPL franchises are invested in 100 franchises. So it's sort of like half a challenge, half a further exploration of does IPL use the other leagues to effectively build their own other windows?

When I texted you the question, I obviously was leading the witness and would have said absolutely 100%. I now think it's a little more gray.

When I texted you the question, I obviously was leading the witness and would have said absolutely 100%. I now think it's a little more gray.