I agree with iqbal seth's answer. They did a mistake going against the BCCI.

Now some history about the ICL. Initially ,when the ICL was planned, by Subhash Chandra (head of Zee TV), it had the support of the BCCI. But the conflict started when BCCI said they wanted to sell the television rights, whereas Subhash Chandra said that he wanted it telecast on Zee TV. And thats the reason BCCI pulled out of the deal. Till here , i think it was ethical on both sides. You dont agree to each others terms, then you dont make a deal.

But after that the BCCI started acting like a bully. It said that those who would be playing for the ICL wouldnt be eligibile for the India cap. Some players like Ambati Rayadu were the losers in this bargain.

I like the concept of ICL/IPL because i am a free market fan. It gives the players a better deal. the more the merier. but i doubt wether ICL could ever reach a level where the mass suports it.

It will never come into lime light as long as BCCI is there, and that is the end of the story Q E D

No I think this is like a circus company making the players as just artists/performers