IPL- Inane Publicity League?

Come to think of cricket these days and the first name everyone has in their mind is of the Indian Premier League- our very own, beloved - IPL. It consists of various franchises ( I still don't know which player plays for what team) The league is "supposed" to provide a good platform for international T20 cricket rather than promoting controversies and conflicts.
First the cheerleaders ( everyone's so-called "eye-candy"), then it was a prime target for terrorist attacks (due to which it was eventually held in South Africa), then Cricket Australia complaining about the lack of security in India and Bal Thackerey showed his love for the Aussie players and now the Tharoor-Modi affair... These are some of the "famous" issues which have always resulted in IPL being in the top headlines slot. And when this is not enough, people call  it to be rigged from the beginning! Isn't all this more than enough to deteriorate the standard of International Cricket? Players are being auctioned, franchises/ stake holders are being the lords of this money making business, and everyone is busy racing to flash their show-off skills in the after parties- all just for the sake of good (or equally bad) publicity.
Even now, the entire media is buzzing with the Tharoor-Modi thingy which happened lately in regard to the bidding of the new Kochi IPL team. Amidst all this people are still wondering who's the clever game planner and who's the soft target. Is this what we can expect from a league conducted by a nation where Cricket is no less than a religion? The IPL is, in fact, a way of the commercialization of cricket, wherein we see less of the sport and more of the glam-shams related to it. No wonder, it has demoralized the basic funda of cricket.

P.S. I am finally back to blogging! :-)
P.P.S. Do suggest your own elongations for the term "IPL" :-D