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Modi said the hype of India's emergence in cricket was responsible for some young players being sold for healthy price tags.
"The hype that India is the world champs in Twenty20 is taking the whole team forward. There are people who are paying huge sum of money and today some may say that someone is over-priced or under-priced. As far as I am concerned, if players make more money, I am happy. Take the example of Ishant Sharma, six months back nobody knew him," Modi told TV channel on Saturday.
Modi said he was taken by surprise over the huge success of the IPL as a business venture.
"We are probably 30-40 per cent above our business plan. We thought it may fall in that area but never thought it would really happen. I myself is surprised by the fact that actually it has reached today. We would not have been able to write a better script ourself. Now we just have to deliver." Modi set aside the controversy that he helped Bollywood star Shah Rukh Khan hours before the start of the players' bidding.
In the dead of night on Tuesday, Modi visited Shah Rukh and courted controversy for helping Red Chillies Entertainment Pvt Ltd -- the IPL franchise owned by the actor.
Modi, however, said that he showed no favouritism and tried to help other franchisees as well.

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Respected Lalit Modiji,Incharge IPLRespected Sir,BCCI is spending crores of rupees on cricket and also on cheer leaders which is the richest cricket board in the world but they dont have money to pay pension of rs.25000 per month to a poor cricketer in India who is having a world record being the first and only deaf
YOU SHOULD BE SHAMED MR. MODI. WHY DON'T U ENCOURAGE THE OTHER SPORTS? SPORTS IS JUST A MONEY FOR U THATS ALL
I AGREE WITH MR LALIT MODI STATEMENT,INDEED WHAT LATIT HAD DONE IS GOOD,BY DOING THIS HE JUSTIFY WHAT WE MUST DO TO THE CRICKET PLAYERS.LONG LIVE LALIT MODI AN SHAROUK KHAN.
good news
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