Sri Lanka's sports minister Gamini Lokuge and The Sri Lanka Cricketers' Association (SLCA) worked out a proposal which could bring in $70M over the next few years - in return the IPL would be guaranteed Sri Lankan representation for all it's T20 events. The deal if worked out would have put a definite end to Sri Lanka's 2009 tour to England and seriously jeopardised the ICC and it's International tours.
The move was criticised by David Morgan president of the International Cricket Council. Speaking to the Telegraph Morgan said that the deal was "quite unacceptable behaviour against the background of Sri Lanka's signed agreement with the ECB".
A four man team comprising SLC's CEO Duleep Mendis, Sidath Wettimuny, Greame Labrooy and S. Liyanagama have just returned from a meeting with Lalit Modi and other IPL officials in Bangkok. The IPL has not agreed to such a deal.
The IPL's stance has always been one of International Cricket first and IPL second. Therefore it does not surprise me that this proposal failed. The IPL cannot afford to play a game of tug-o-war with the ICC. In order to function on the long term as a successful business entity the IPL requires every bit of support from the ICC and creating a rift in the cricket world would not be the way to go.
This is an eye opener to players considering IPL over international cricket. Any move on the part of these individuals to jeopardise international cricket by choosing IPL over national representation may result in an abrupt end to their careers leaving them with a less lucrative alternative. The IPL may consider terminating contracts of those who bring the IPL into disrepute -- Lalit Modi and crew would hate the IPL to appear as the death of Cricket. That is just not the kind of image you would want for any business. The IPL stands to gain more on the longer run with the ICC on it's side and the loss of 10 players would not harm it on the longer run.