Indian Premier league

Have been hearing many views about the Indian Premier League. The way it would cricket and many other points. Here is a totally different view which i found quite funny. Enjoy. Do leave your comments.


Whatever the purists might be saying, at least from the economists' point of view the auction of cricket players was the proper thing to do. Why? Because monetisation of their services has added to their marketable surplus, which must enhance our national income.

Then why is there so much heartburn? Well, partly because the whole affair was conducted in an exclusive manner. On one hand it deprived the common investor from an opportunity to acquire a share in the prized commodity and on the other it undermined perfect competition. The best way to remedy the situation is to allow the participation of general public in the trading of cricketers.

Question is, how? Well, one way to do that is to register individual cricketers as corporate entities, have their initial worth divided into large number of low-priced shares and offer these to the public by way of IPOs. Then, in due course, these shares can be listed in a cricketers' exchange and traded freely through authorised brokers. Corporatisation of cricketers would help in many ways.

When the fortunes of cricketers fluctuate as much as those of joint stock companies, it would be naive to take their price, or value if you will, as fixed. The proposed scheme of things would, on the other hand, ensure that it is determined on daily basis.

For the moneybhais among us, cricketer shares would be one more attractive investment option. Ditto for the mutual funds. In these fickle times, anything that adds to the diversification of holdings should be welcome. Moreover, imagine how colourful the portfolio would look when Dhonis and Pontings figure there! It would help cricketers too. For, the larger number of buyers, the higher their market price.
What is even more important is that people's personal stake in them would ensure a semblance of sobriety in their reaction to cricketers' poor performances. No need to burn their effigies or to attack their houses when they come up with another pathetic show. Just offload their shares and the message would hit home. That the proposal would spur a plethora of new financial activities like inter-cricketer investment, splits, mergers and what not, would be the icing on the cake.