This pushed the BCCI to think about launching its own T20 tournament that could bring together the best players and attract fans from around the world. That idea eventually became the IPL. But building such a massive tournament was not easy.
It involved countless meetings, negotiations, and planning before the tournament finally took shape. In its early days, there were many doubts about whether a city-based T20 tournament could survive for a longer time.
Today, the IPL is not just the world's biggest cricket tournament but also one of the most valuable sports leagues in the world. Top players from different countries dream of playing in the tournament, while franchises have become powerful brands in their own right.
Lalit Modi backs Jay Shah to handle the biggest challenges
Amid these challenges, Modi has expressed confidence in ICC chairman Jay Shah, saying the former BCCI secretary is able to strike a balance between the interests of international cricket and franchise leagues. Modi also feels that cricket administrators should always keep the game, the players, and the fans at the center of every decision, as balance is everything.
"These are not simple issues. My view remains straightforward. Cricket must come first. The game must come first. The players must come first. And the fans must come first. Everything else is secondary."
Lalit Modi predicts IPL will reshape world cricket forever
Modi added, "As someone who created the IPL, I can see what lies ahead. The growth of the IPL over the next decade will fundamentally reshape the economics of world cricket. Some nations will embrace it. Others will envy it. Many will struggle to adapt to it."
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