ipl English news | ipl, Latest News & Live Updates in English | English News (Latest English News) at Lokmattimes.com

Bollywood and IPL often go hand in hand. In the last 16 years these two mammoth sources of entertainment in India have enthralled the nation's audience, forging numerous collaborations which has helped the league scale numerous heights. However, in an unprecedented revelation that has never been previously disclosed, renowned Indian cricket administrator Amrit Mathur has brought to light a remarkable episode from 2009 involving superstar Akshay Kumar. This revelation details how Akshay made an extraordinary decision to relinquish his own highly-lucrative contract, thereby rescuing an IPL franchise from incurring losses.Akshay joined the Delhi Capitals (formerly known as Daredevils) franchise during the IPL's second edition. Amrit Mathur, who held the position of Chief Operating Officer for the franchise at that time, recalls how the team's endeavor to bring Akshay on board did not yield the desired outcome. Regrettably, the franchise missed a valuable chance to enhance its brand through this association, resulting in financial setbacks for the Daredevils. In light of these challenges, the team had to resort to significant measures regarding Akshay's contract in order to navigate through the turbulent circumstances they found themselves in.Akshay signed a three-year deal with Delhi Daredevils to shoot promotional films, attend meet and greet events and make appearances at corporate events... Apart from Kotla act (he performed daring stunts), nothing much happened because DD didn't know how to leverage him. At the end of the season, during elaborate post-mortem held against backdrop of serious financial losses, DD decided to cancel or renegotiate the contract," Mathur wrote in his autobiography 'Pitchside: My Life in Indian Cricket' published by Westland Sport.Akshay's contract provided no exit; on the contrary, it gave him solid guarantees for a period of three years. DD's lawyers approached Akshay's staff, wanting to revisit the contract, but they made no headway. The (legally correct) response from his side was that contract didn't factor in early termination and it has run its course with full monetary compensation," Mathur, a former BCCI General Manager, recalled in his book."Seen from perspective of DD, Akshay's multi-crore contract could be equated to a self-goal or hit-wicket dismissal. Considering the disastrous financial results and need for austerity, the star had become an avoidable expense. Knowing there was no legal lifeline available, DD appealed to Akshay for mercy."That being said, it was the generosity and the king-sized heart of the superstar that truly shone through. Akshay displayed remarkable accommodation upon being apprised of DD's appeal and the challenging financial circumstances that had fallen upon the franchise. The team's noteworthy performance as semifinalists in the inaugural IPL edition and their ascent to the top position in the table after the league stage the following year underscored their potential. Subsequently, Mathur took it upon himself to initiate contact with Akshay, and the outcome of this interaction left him pleasantly astonished."After the shot, we returned to his vanity van and I, very hesitantly, explained the reason for my visit and outlined DD's financial troubles. No problem ji, he said in a sympathetic manner. If it's not working, let's close it'. I thought I hadn't heard him right," he added in his book.Seeing my confused look, he clarified slowly, 'Isko khatam kar dete hain (let us end this)'. When I mumbled about the stringent contract clauses, he reassured me, 'Koi baat nahin, main lawyer ko bol dunga (No problem, I will tell the lawyer)." Meanwhile, several years have passed since the incident and the IPL has grown into a billion-dollar property, the cash-cow for the BCCI. Delhi Daredevils have witnessed significant changes too with the change of ownership and brand image. It is now known as Delhi Capitals.

IplFOLLOW

Ipl, Latest News

Ahead of IPL 2024, Kolkata Knight Riders (KKR) has announced a replacement for English fast bowler Gus Atkinson, who ... ...

Rajasthan Royals (RR) celebrated Valentine's Day with a lighthearted moment, sharing a video featuring their star players Yuzvendra Chahal ... ...

India's wicketkeeper-batsman Ishan Kishan's reluctance to play first-class cricket has prompted the Board of Control for Cricket in India ... ...

Indian cricket team's wicketkeeper-batsman Rishabh Pant has recovered from his injury and has swiftly resumed training for his return ... ...

New Delhi, Feb 8 Former India cricketer Sunil Gavaskar expressed his unwavering confidence in the Chennai Super Kings (CSK) ... ...

With the Indian Premier League (IPL) set to commence in March 2024, cricket fans are eagerly anticipating the return ... ...

The Board of Control for Cricket in India (BCCI) is reportedly contemplating the introduction of a T10 format cricket ... ...

Bollywood and IPL often go hand in hand. In the last 16 years these two mammoth sources of entertainment ... ...