It is not clear whether cricket spoilt them or they spoilt cricket. But the parents of most IPL teams are in trouble, financial and otherwise – some neck deep, others a tad lower.
Last week, Deccan Chargers became the second team to be booted out since the high-profile league started in 2007. BCCI, which has to take part of the blame, has floated tenders for a new team. But the bidders have to take a long, hard look at the business model before padding up.
Look at the IPL team owners and their recent troubles
Compiled by Sundaresha Subramanian, Business Standard