For the following reasons, i think IPL is gonna be a total farce :
1) ICC not recognising these as official 20-20 internationals...most players like Yuvi, Jaya will just use it as a slambang kind of promotional stuff where everytime a six is hit, there will be some cash prize etc and the dancing girls will go crazy... No motivation due to lack of official status...just some entertainment..
2) City loyalty and rivalry is just a gimmick in this globalized and boundaryless world...20 years back, when there was only Indian airlines, people remained restricted to cities... Today a Punju works in Mumbai, Tamil works in Bangalore, Marathi works in Gurgaon etc... Also, Ponting playing for a Kolkata and actually being able to generate chauvinism towards Kolkata or a Jaya generating chauvinism for a Mumbai is highly far-fetched and artificial...there is no genuine love for the city franchise at all...all international players have only come for the money....
3)Highly opportunistic where Modi has started IPL just to generate multiple income streams...media rights, TV rights etc...no love of the game, no knowledge of the game etc...eg. most of the sponsors or owners(Eg. Sharukh for Kol) don't have an iota of understanding of the game and have never played it.......what credibility will a owner enjoy when he does not have an iota of understanding of the game where he has put in money?? It is like a private equity investor or VC putting money in some area and not having an iot