IPL started with a bang and rightly deserved. The vision that Mr.Lalit Modi had had really came true. There has a great entertainment and cricket at its best. Now cricket has been given a new name "cricketainment" and not rightly so. In less than four hrs one gets a good package of good cricket, big sixes, bollywood stars and controversies(sometimes).
The way Lalit Modi has managed IPL is its self a great example of good management. Take the case of Harbajan-Sreesanth slap issue or Warne-Ganguly rift, all the things were very well managed and all the problems were well answered.
Lalit Modi took just a few years to not only build brand BCCI, made the board the richest and the most important thing he did was by investing the funds in the right places. Today IPL itself is a big brand. The success of IPL shows how successful has Mr.Lalit Modi been as an administrator.
Cheers to Mr. Lalit Modi for taking Indian Cricket where it deserves to be.