Everyone will make money in IPL: Modi

CNN-IBN

Jaipur: With less than a month to go before the IPL begins, the team owners are roping in their sponsors and broadcaster Sony has sold all its inventory.

But questions on valuations persist with the BCCI having raised nearly $2 billion before the tournament starts.

While everyone will not make money in the first year, Chairman Lalit Modi says he guarantees that everyone will make money eventually.

"I'm ready to buy any franchisee that's ready to sell. The people who're talking have either lost clout or have not got a franchisee. Anyone who has got a franchisee, I have not heard this from them," Modi told CNN-IBN on Thursday.

"This is speculation. Sony has sold out the entire inventory, which has never happened even on an India match. That entire inventory on Sony Television has been sold out for 59 days," the IPL Commissioner added.

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