Lalit Modi will donate part of IPL profits to drought victims

Bombay High Court had recently cracked whip on Maharashtra Cricket Association (MCA) over water. Owing to the severe shortage of water in the state, the HC had asked the Board of Control for Cricket in India (BCCI) to shift the venue of the IPL matches.

Former Indian Premier League (IPL) commissioner Lalit Modi on Saturday announced that he will forego his share in the IPL profits for the drought victims in India.

Modi took to twitter to announce his contribution and said, “As President of the #RCA who are stakeholders in the @IPL Profits we will forego our share for drought victims #IPL4DroughtVictims. We at #rca commit to be the first to contribute to drought victims”

We at #rca commit to be the first to contribute to drought victims #IPL4DroughtVictims pic.twitter.com/u8OggrqLxt

— Lalit Kumar Modi (@LalitKModi) April 9, 2016

He also took to Instagram, putting the onus on IPL to share their profits and help save a million lives. Here are few of his Instagram posts:

Here is a copy of the signed agmt exact amount. Best time 4 #BCCI to show a humane side & that @IPL as I had coined it was #IndianPeopleLeague #IPL4DroughtVictims

A photo posted by Lalit Modi (@lalitkmodi) on Apr 9, 2016 at 6:06am PDT

@bcci says money for tv rights cannot be disclosed – well I can disclose the amount it’s rupees 8,124,953,846 alone for india Tv only. On that you add international, digital, mobile rights fees, plus franchise fees for this will amount to over 300 crores of rupees. Add to that sponsorship fees which I have not calculated exactly but should be not less than another 200 crores. So payment of a 1000 crores is a drop in the ocean but a big step towards helping the drought victims – Time to stand together with the drought victims. #IPL owes this to the people of India. #IPL4DroughtVictims

A photo posted by Lalit Modi (@lalitkmodi) on Apr 9, 2016 at 5:52am PDT

Time to stand together with the drought victims. #IPL owes this to the people of India. #IPL4DroughtVictims Let’s make this trend

A photo posted by Lalit Modi (@lalitkmodi) on Apr 9, 2016 at 5:45am PDT