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IPL has changed that perception. India alone can generate enough money to run everything by just domesic leagues.Any tournament is useless without Pakistan vs India, ICC makes most of it's money out of this match alone than it does from the whole tournament. What our good Indian friends tend to forget is that, India alone cannot make any money. It still needs teams to play with.
BCCI is one of the most corrupt bodies in India. It is unfortunately also an independent body.Secondly, Power blinds you and makes you cocky. Big three concept failed, god knows whats happening. Maybe a routine thing.
No trolling please.
Govt of India has tried many times in the past to bring it under control, each time it has failed. The law is on their side and unless the law itself is changed in India, BCCI will remain well outside any Govt. control.