It is really sad . . the shorter the format, worst it gets for genuine cricket fans . . Just to be clear, I don't mind T20 . . and I am absolutely for globalizing the sport and T20 is definitely the best medium to do that . . but we're essentially taking the sport to a spot where no one would want to play any other format because of the financial rewards of T20 cricket
Cricket is a sport where incredible number of skills are tested . . temperament, talent, courage, etc. Test cricket is test cricket because it tests all the skills that are required to become an elite cricketer . . You have to be good for a longer period of time to win . . The shorter the format gets, more the chances of limited cricketers to prosper . . Cricket isn't football . . stop trying to make it football . . it has a massive market because of its own idiosyncrasies.
What skills are tested in T20 cricket? Defensive bowling and attacking batting? It reduces the game of cricket to a fraction of what it should be . .
I am not quite sure what the solution is myself . .
But my initial thought is to get rid of bilateral T20s and restrict internationals to Tests and ODIs only with a T20 world cup (somewhat like international football) every few years . . Maybe it's worth debating a mechanism where ICC gets earnings from all T20 leagues in return for creating a T20 franchise window 2 times a year . . and then they mandate boards to put in that money into test and ODI cricket and ensure players playing test cricket are financially incentivized to do so . .
I just don't think there's enough will on the ICC level to fix the situation . . as Michael Holding says, they are probably reduced to an event management company now . . and because the boards want to maximize their profits, they are all going down the T20 league route . .
So unfortunately, right now for people like me, I don't see ODI cricket surviving for sure . . and in 20 30 40 years when the our generation of fans (who have seen the non-t20 era) is completely gone and the T20 generation is the only generation that remains, I am not sure what chance test cricket has either . .
Perhaps cricket would just be reduced to the skills on display in t20 cricket . . again . . a small fraction of what the game of cricket is all about