When Akshay Kumar Bailed Delhi Daredevils Out From Losses By Terminating His Contract
New Delhi: Akshay Kumar is known for his magnanimity and easy-going nature. One such example has recently been revealed in veteran cricket administrator Amrit Mathur’s autobiography ‘Pitchside: My Life in Indian Cricket’ published by Westland Sport.
The Bollywood star had signed a three-year deal with Delhi Daredevils to shoot promotional films, attend meet-and-greet events and make appearances at corporate events. It so happened that Delhi Daredevils (now Capitals) in 2009 after the IPL franchise needed to cut down on losses.
“Akshay signed a three-year deal with Delhi Daredevils to shoot promotional films, attend meet and greet events and make appearances at corporate events…” Mathur wrote in his book, as per a PTI report.
“Apart from Kotla act (he performed daring stunts), nothing much happened because DD didn’t know how to leverage him. At the end of the season, during elaborate post-mortem held against backdrop of serious financial losses, DD decided to cancel or renegotiate the contract.” Mathur went on to write how it became an arduous job.
“Akshay’s contract provided no exit; on the contrary, it gave him solid guarantees for a period of three years. DD’s lawyers approached Akshay’s staff, wanting to revisit the contract, but they made no headway.
“The (legally correct) response from his side was that contract didn’t factor in early termination and it has run its course with full monetary compensation,” Mathur recalled in his book.
“Seen from perspective of DD, Akshay’s multi-crore contract could be equated to a self goal or hit-wicket dismissal. Considering the disastrous financial results and need for austerity, the star had become an avoidable expense. Knowing there was no legal lifeline available, DD appealed to Akshay for mercy.” Mathur claimed in his book that he was the designated trouble-shooter for DD and met the star in his vanity van during the shooting of Chandni Chowk to China.
He could have easily played hardball with all the aces up his sleeve but Bollywood star Akshay Kumar instead terminated his lucrative contract with Delhi Daredevils (now Capitals) in 2009, Mathur reveals in his book.
“After the shot, we returned to his vanity van and I, very hesitantly, explained the reason for my visit and outlined DD’s financial troubles.
“No problem ji, he said in a sympathetic manner. If it’s not working, let’s close it. I thought I hadn’t heard him right.
“Seeing my confused look, he clarified slowly, ‘Isko khatam kar dete hain (let us end this)’. When I mumbled about the stringent contract clauses, he reassured me, ‘Koi baat nahin, main lawyer ko bol dunga (No problem, I will tell the lawyer)’.” The actor’s magnanimity left him pleasantly surprised.
Mathur goes on to write, “Even after so many years I am surprised that Akshay waived off such a large amount of money. Just like that — snap decision when he could have easily thrown the contract at us.”
The book takes a sneak peek into Indian cricket and Mathur’s association with the establishment for three and half decades helped the readers get a lot of first-hand anecdotes, PTI reports.