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Three times
Adam Gilchrist equals Rahul Dravid. Sourav Ganguly divided by 10 is Brian
Lara. And Sachin Tendulkar stands for infinity, where numbers stretch endlessly
into the future. It's like mathematics coming through a black hole, but
then this is cricket's weird and warped universe.
On the field, equations balance out a little differently as the Indians
remain a middling XI struggling up team rating ladders. But off it, its
stars are the undisputed market leaders, its movers and shakers. They
are seen as possessing the power to drive youngsters to colas, mothers
to toothpaste, young men to motorbikes and young women to er ... distraction.
Nowhere else in the world are cricketers pop idols, nowhere else does
cricket pull in the numbers it does in India.
The "why" of the phenomenon is hardly rocket science: as India's
No. 1 sport, cricket reaches millions through TV, leaping over barriers
of region and language that even the other great Indian obsession, Bollywood,
can't.
It's the "how" that tells the tale. Of the remaking of the
Indian cricketer from an exponent of arcane arts into a popular brand,
first created and then sold. "Indian players are the most expensive
in the world. No foreigner can match the kind of monetary draw that these
players have today," says Arun Mahajan, branch manager of advertising
firm Mudra in Delhi. Which is where the utterly mental maths comes in:
industry estimates put Tendulkar's bat contract with MRF to be worth a
basic Rs 3 crore a year; Steve Waugh's similar deal with the same company,
sources say, is worth Rs 65 lakh. To get Australian one-day captain Ricky
Ponting to turn up at a coaching clinic could cost a promoter $2,500 (Rs
1.2 lakh) a day; the Indian captain won't turn up at clinics on a per
diem fee, but it comes as part of a package that's reckoned to cost between
Rs 60 lakh and Rs 80 lakh per endorsement per year. An industry source
says Australian vice-captain Gilchrist will "happily" endorse
a product for Rs 20-25 lakh, a fee now commanded by tyro Mohammed Kaif.
It also explains why recently in the West Indies, Lara, 90 Tests and 7,500-plus
Test runs, turned to Virender Sehwag, nine Tests and 546 Test runs, and
asked if the Indian's "people" could find him a nice bat contract.
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RAHUL
DRAVID
Manager Lokesh Sharma
Clients: Castrol, Samsung, Pepsi, Britannia, Reebok, Colgate
Fees: Rs 65-70 lakh

HARBHAJAN SINGH
Manager: Steve Smith
Clients: Samsung, Pepsi, Ray-Ban, Complan
Fees: Rs 20-25 lakh

SOURAV GANGULY
Manager Sanjay Lal
Clients: AirTel, Pepsi, Hero Honda, Britannia, S Kumars, Sahara,
Colgate
Fees: Rs 75-80 lakh

SACHIN TENDULKAR
Manager Samir Singh
Clients: Fiat, Pepsi, MRF, Boost, Visa, TVS, Adidas, ESPN-Star
Sports
Fees: Rs 1.25-3 crore

VIRENDER SEHWAG
Manager: Latika Khaneja
Clients: Coke, Samsung, Boost, Britannia, Hero Honda
Fees: Rs 30-35 lakh
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Sehwag's "people" have enough on their hands. Collage Sports
Management (CSM), the latest entrant in the rarefied business of sports
management in India, handles business for the big hitter from Najafgarh,
as well as his less luminous colleagues Dinesh Mongia and Sanjay Bangar.
Sehwag was CSM's first signing in June 2001, the company a spin-off of
Collage Cricket Club, run by businessman Sumit Khaneja, whom Sehwag turned
to every time he received a legal document. Market watchers say that Sehwag,
a sellable mix of brutal bat and homespun charm, can command Rs 30 lakh
per endorsement these days. Khaneja's wife and CSM Director Latika, an
IIM-Kolkata graduate, smiles. "It's a premium you get for being famous."
Sehwag is in the group of four Indians, all batsmen, who command high
fees, with Tendulkar at the very top. The rest of the industry piggybacks
on this popularity. Without them, the circus of sponsors and TV could
well find that no one wants to crowd their tent.
During a two-month long stand-off over the controversial ICC contracts,
for the first time the players made their marketability count for something
other than cheesy campaigns. The prospect of an India-B team competing
in the Champions Trophy brought about a hurried teleconference of international
officials who then agreed on an amendment to the contracts. "There
are very few celebrities of that nature, it's a tight market," says
Sanjay Lal, chief executive of Percept D'Mark (PDM), an aggressive player
in the celebrity management business which represents Ganguly, Yuvraj
Singh and Zaheer Khan. Five agencies-21st Century Media (Dravid and Kaif),
CSM, PDM, Sporting Frontiers (Harbhajan Singh and V.V.S. Laxman), and
WorldTel (Tendulkar and Ajit Agarkar)-handle the entire business. But
everyone bristles at being called an "agent". Managers or business
partners is the preferred term, but really, it's still hardsell and hustle.
Every deal takes six months from conception to signing, with the intermediary
picking up a commission between 10 and 15 per cent. The quirkiness of
cricketers can always produce a slip: a current India batsman landed up
at the crease in a Test match in the West Indies this year without his
bat sticker-he'd changed his mind overnight because the Rs 1,000-a-run
rate offered by the sponsor made him jittery.
India's cricket market is strictly oddball: CSM clients address Latika
as "Bhabhi", a sign of sentimental hearts perhaps, but no one
underestimates the Indian cricketer's hard nose: when IMG, pioneer of
sports marketing worldwide and manager to John McEnroe among others, first
came to India in the mid-1990s, it had to break away from established
practice and offer a minimum guarantee (MG) fee to cricketers. In 1995-96,
IMG insiders say, it offered a group of four teenagers, including Kaif
and Yuvraj, an MG of Rs 10 lakh each, but were turned down because the
sum wasn't deemed enough.
This was, after all, the year Tendulkar was first signed by the late
Mark Mascarenhas and WorldTel for an mg of Rs 30 crore over five years,
a figure that popped eyeballs. "Mark's deal brought a big change
to cricket marketing. It was like he was doing the bidding on behalf of
everybody," says Lokesh Sharma of 21st Century Media, a former athletics
journalist, whose stars, astrological and cricketing, are the envy of
his rivals these days.
Form in cricket is an intangible and its management is as secure as
skating on thin ice. The major players in the business choose to multi-task:
Sporting Frontiers India manages Harbhajan and Laxman. But that, says
Chief Executive Steve Smith, "is a small part of our business. Instadia
rights is a huge area of interest for us." Similarly, celebrity manager
PDM constitutes only 5-6 per cent of media giant Percept IMC's total business.Ganguly
and PDM have set up Sourav Ganguly Percept D'Mark (SGPDM). Percept IMC
Joint Managing Director Shailendra Singh says SGPDM is free of any conflict
of interest for the Indian captain. "SGPDM will only be involved
in institutional stuff-clinics and camps. It's got nothing to do with
personal endorsements. We would never get a cricketer into things like
that."
Mascarenhas' deals usually measured the temperature of the business;
At WorldTel, Tendulkar's account of an estimated MG of Rs 100 crore over
five years beginning 2001 is now handled by Samir Singh. The contracts
crisis has, he says, affected the market. "Sachin's current sponsors
have been more than supportive. But people are very wary. It's wait and
watch."
An old truth is now self-evident and will dictate the future of the
contracts issue, when it's time to draw up World Cup player terms. No
sponsor wants to be remembered as the brand that tried to cut in on the
country's foremost sporting heroes. Never mind sharing a piece of the
pie, Indian cricket's poster boys could end up having their cake and eating
it too.
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ENDORSEMENTS
India's finest cash in their cricketing success, earning their
wages through match fees, deals on gear and sponsorships image rights
1
BAT STICKER
A big-name bat sticker is the first sign that a cricketer's arrived.
It is the easiest to sell for a new manager; Sachin Tendulkar's
current deal for his bat sticker is said to be worth Rs 3 crore.
2
IMAGE RIGHTS
A player's image is used to sell products ranging from colas to
luxury cars. Only a select few like Tendulkar straddle segments.
Batsmen are more popular than bowlers, therefore a Yuvraj Singh
or a Mohammed Kaif command fees in the range of Rs 20-25 lakh per
endorsement per year, while pace bowler Zaheer Khan is reckoned
to be worth Rs 15 lakh per deal per year.
3 MATCH FEES
A player's fees is made up of the BCCI's contribution and the sponsor's
share given to players for wearing the team logo. The fee for a
Test is Rs 2.5 lakh: Rs 2.10 lakh from the sponsor and Rs 40,000
from the BCCI. The ODI fee is Rs 2.25 lakh per match: Rs 2 lakh
from sponsors and Rs 25,000 from the BCCI.
MASS MEDIA
Only the Indian captain is permitted to air his opinions in the
press; an exclusive one-off piece from Sourav Ganguly can cost close
to Rs 75,000; regular dispatches during tours and series cost between
Rs 20,000 and Rs 30,000 a piece.
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-with bureau reports
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