Indian Premier League
The Indian Premier League (IPL) is a professional league for Twenty20 cricket championship in India. It was initiated by the Board of Control for Cricket in India (BCCI), headquartered in Mumbai,[3][4] and is supervised by BCCI Vice President Rajeev Shukla,[5] who serves as the league's Chairman and Commissioner. It is currently contested by nine teams, consisting of players from around the world. It was started after an altercation between the BCCI and the Indian Cricket League.[6]In 2010, the IPL became the first sporting event ever to be broadcast live on YouTube in association with Indiatimes.[7] Its brand value is estimated to be around US$2.92 billion in fourth season.[8] However, the league has been engulfed by series of corruption scandals where allegations of cricket betting, money laundering and spot fixing were witnessed
IPL first mach played between CSK vs MI
IPL logo
History
First season
Ipl 2008
IPL 2008 Hatrick
IPl 2008 Rajisthan gets crowned
Third season
IPL 09
Fourth season
The addition of teams representing Pune and Kochi was to have increased the number of franchises from 8 to 10. The BCCI originally considered extending the tournament format used in previous season to ten teams, which would increase the number of matches from 60 to 94. Instead, the round-robin stage of the tournament was to have been replaced by a group stage with two groups of five, limiting the number of matches to 74.[13] But this format was replaced by another one in which each team would play 5 other teams in a two-way round robin format and there would be 2 teams against whom they would play only at home and remaining 2 teams against which they would play only away matches.Thus each team plays 14 matches.Top four teams would qualify for the semi-finals.
In October 2010, the Rajasthan Royals and Kings XI Punjab had their franchises terminated for breaching ownership rules. The new Kochi franchise was also issued a warning to resolve all their ownership disputes.[14] Two months later both teams were finally allowed to take part in the 2011 edition after a court ruling.[15]
Chennai Super Kings won their second consecutive title after defeating the Royal Challengers Bangalore by 58 runs in the final.[16] This is the first time a franchise has won two titles. The top four teams qualified for the 2011 Champions League Twenty20, which the Mumbai Indians won.
Chenni super kings in ipl4
Dlf Ipl Season 4 Song
Fifth season
This edition of the IPL was the most competitive with 14 matches producing results in the last over, and a couple in the last ball.[18][19] Towards the end of the league, the season faced various hurdles including a spot fixing case, which allegedly included 5 players caught on a sting operation carried on by a local news channel; India TV.[20]
The final of the season was played at the Chepauk Stadium on 27 May, where the defending champions Chennai Super Kings played against Kolkata Knight Riders. Kolkata Knight Riders won the match in the last over riding on the backs of Bisla and Kallis with 5 wickets and 2 balls to spare, thereby ending Chennai Super King's two year winning streak.
IPL 5 KKR Players
Dlf IPL Team Players Pune Warriors
Dlf IPL 5 Mumbai Indian Players
Dlf IPL Delhi Daredevils Team Players
Dlf IPL CSK Team Players
Dlf IPl Team Players RCB
Dlf IPL Team Players Deccan Chargers
Best Catch Of IPL 2012
KKR Happy Moments Winning IPL 5
Shahrukh Khan Happy On Winning IPL 5
IPL Trophy
2008–2010
The diamond-encrusted trophy of DLF Indian Premier League (IPL) Cricket was designed by Orra brand, owned by Antwerp-based Rosy Blue Group. It comprises a player in a gold leafing. He is shown holding a bat in his hand, next to a map of India. On the map, the names of all the IPL teams have been engraved by rubies. It took a team of as many as 14 craftsmen to make the trophy. Every year, the winners of the IPL T20 tournament are presented with a replica of this trophy, along with the prize money.2011–2013
A new trophy was designed for IPL 4 in view of the two new teams which are now in the fray. It has been changed to a large cup.League organisation
Franchises
The winning bidders for the eight franchises were announced on 24 January 2008.[21] While the total base price for auction was US $400 million, the auction fetched US $723.59 million.[22]On 21 March 2010, Pune and Kochi were unveiled as the two new franchises for the fourth edition of the Indian Premier League. The base price was $225 million. While Pune was bought by Sahara Adventure Sports Group for $370 million, the Kochi franchise was bought by Rendezvous Sports World Limited for $333.3 million. The process was to have been completed on 7 March but was postponed by two weeks after many bidders and the BCCI objected to stiff financial clauses.[23] The second franchise auction fetched total $703 million.
Chennai Super Kings
Mumbai Indians
Pune Warriors India
Royal Challengers Bangalore
Delhi Daredevils
Kings XI Punjab
Rajahstan Royals
Kolkata Knight Riders
Deccan Chargers
Locations of IPL teams
Rules
There are five ways that a franchise can acquire a player: In the annual auction, signing domestic players, signing uncapped players, through trading, and signing replacements.[24][25] In the trading window, the player can only be traded with his consent. The franchise will have to pay the difference between the old contract price and the new contract price. If the new contract is worth more than the older one, then the difference will be shared between the player and the franchise selling the player.[26][27]Some of the team composition rules are:
- Minimum squad strength of 16 players plus one physio and a coach.
- No more than 10 foreign players in the squad and maximum 4 foreign players should be in the playing eleven.
- Minimum of 14 Indian players must be included in each squad.
- A minimum of 6 players from the BCCI under-22 pool in each squad.
The total spending cap for a franchisee in the first player auction was US $5 million. Under-22 players are to be remunerated with a minimum annual salary of US $20,000 while for others it is US $50,000. The most expensive players in the IPL to date is Gautam Gambhir of India fetched the highest price of $2.4 million from Kolkata Knight Riders at the auction for season 4
Statistics and records
Winners
| Season | Winners | Runners-up | Semi-finalists | Teams | |
|---|---|---|---|---|---|
| 2008 | Rajasthan Royals | Chennai Super Kings | Kings XI Punjab, Delhi Daredevils | 8 | |
| 2009 | Deccan Chargers | Royal Challengers Bangalore | Delhi Daredevils, Chennai Super Kings | 8 | |
| Season | Winners | Runners-up | Third place | Fourth place | Teams |
| 2010 | Chennai Super Kings | Mumbai Indians | Royal Challengers Bangalore | Deccan Chargers | 8 |
| 2011 | Chennai Super Kings | Royal Challengers Bangalore | Mumbai Indians | Kolkata Knight Riders | 10 |
| 2012 | Kolkata Knight Riders | Chennai Super Kings | Delhi Daredevils | Mumbai Indians | 9 |
Results summary
| Team[28] | Span | Titles | Mat | W | L | T | NR | Win % | Best | Worst |
|---|---|---|---|---|---|---|---|---|---|---|
| Chennai Super Kings | 2008–2012 | 2 | 82 | 47 | 32 | 1 | 2 | 59.37 | Champions (2 times) | Semi-finals |
| Deccan Chargers | 2008–2012 | 1 | 76 | 29 | 46 | 0 | 1 | 38.66 | Champions | 8th of 8 |
| Delhi Daredevils | 2008–2012 | 0 | 76 | 39 | 35 | 0 | 2 | 52.70 | Semi-finals | 10th of 10 |
| Kings XI Punjab | 2008–2012 | 0 | 73 | 35 | 37 | 1 | 0 | 48.63 | Semi-finals | 8th of 8 |
| Kochi Tuskers Kerala | 2011 | 0 | 14 | 6 | 8 | 0 | 0 | 42.85 | 8th of 10 | 8th of 10 |
| Kolkata Knight Riders | 2008–2012 | 1 | 75 | 36 | 35 | 1 | 3 | 50.69 | Champions | 8th of 8 |
| Mumbai Indians | 2008–2012 | 0 | 77 | 43 | 33 | 0 | 1 | 56.57 | Runners-up | 7th of 8 |
| Pune Warriors India | 2011–2012 | 0 | 30 | 8 | 21 | 0 | 1 | 27.58 | 9th of 10 | 9th of 9 |
| Rajasthan Royals | 2008–2012 | 1 | 74 | 37 | 34 | 1 | 2 | 52.08 | Champions | 7th of 8 |
| Royal Challengers Bangalore | 2008–2012 | 0 | 79 | 39 | 38 | 0 | 2 | 50.64 | Runners-up (2 times) | 7th of 8 |
Prize money
25 crore in prize money.[29]- Champions:
- Runner-up:
- Third place:
- Fourth place:
- No prize money for remaining teams
Television rights and sponsorships
The IPL is predicted to bring the BCCI income of approximately US$1.6 billion, over a period of five to ten years. All of these revenues are directed to a central pool, 40% of which will go to IPL itself, 54% to franchisees and 6% as prize money. The money will be distributed in these proportions until 2017, after which the share of IPL will be 50%, franchisees 45% and prize money 5%. The IPL signed up Kingfisher Airlines as the official umpire partner for the series in a106 crore (US$21.15 million) (approximately £15 million) deal. This deal sees the Kingfisher Airlines brand on all umpires' uniforms and also on the giant screens during third umpire decisions.[30]Television rights
On 17 January 2008 it was announced that a consortium consisting of India's Sony Entertainment Television network and Singapore-based World Sport Group secured the global broadcasting rights of the Indian Premier League.[31] The record deal has a duration of ten years at a cost of US $1.026 billion. As part of the deal, the consortium will pay the BCCI US $918 million for the television broadcast rights and US $108 million for the promotion of the tournament.[32] This deal was challenged in the Bombay High Court by IPL, and got the ruling on its side. After losing the battle in court, Sony Entertainment Television signed a new contract with BCCI with Sony Entertainment Television paying8,700 crore (US$1.74 billion) for 10 years. One of the reasons for payment of this huge amount is seen as the money required to subsidise IPL's move to South Africa which will be substantially more than the previous IPL. IPL had agreed to subsidise the difference in operating cost between India and South Africa as it decided to move to the African nation after the security concerns raised because of its coincidence with India's general elections.20% of these proceeds would go to IPL, 8% as prize money and 72% would be distributed to the franchisees. The money would be distributed in these proportions until 2012, after which the IPL would go public and list its shares (But in March 2010, IPL decided not to go public).[33]
Sony-WSG then re-sold parts of the broadcasting rights geographically to other companies.It is officially broadcasted on Set Max and in internet in Times internet.
On 4 March 2010 ITV announced it had secured the United Kingdom television rights for the 2010 Indian Premier League. ITV will televise 59 of the 60 IPL matches on its ITV4 free to air channel.[34]
On 1 April 2011, Rogers Media announced that it signed a four year exclusive deal in Canada to broadcast 36 group stage matches, 3 playoff matches and 1 championship match on its channel Sportsnet One.[35] In the 2012 season, its coverage will also include a weekly highlight show and four matches on its Omni Television multicultural stations, and the IPL Final will be broadcast on the main Sportsnet regional channels.[36]
| Winning Bidder | Regional Broadcast Rights | Terms of Deal |
|---|---|---|
| Sony Entertainment Television/World Sport Group |  Nepal,  Bangladesh | 10 years, 2008–2017 at 8,700 crore (US$1.74 billion) (revised)[31] |
| The Times Group | Worldwide | Global Rights to distribute on broadband, mobile and radio. 4 Years 2011–2014, Terms not released.[37] |
| GEO Super |  Pakistan | Terms not released. |
| Carlton Sports Network |  Sri Lanka | Terms not released. |
| Network Ten (2008) One HD (2009–2010) |  Australia: Free-to-air HD and SD television. Owned by Network TEN. | 5 years, 2008–2012 at A$10–15 million.[38] |
| Sky Network Television (2008–2010, 2012–present) |  New Zealand | Terms not released. |
| PCCW |  Hong Kong: Broadcast rights on Now TV. | 2 years, 2010–2011 terms not released. |
| StarHub |  Singapore: Broadcast rights on Cricket Extra. | Terms not released |
| Astro |  Malaysia | Terms not released. |
| SuperSport |  South Africa,  Angola,  Benin,  Botswana,  Burkina Faso,  Burundi,  Cameroon,  Cape Verde,  Central African Republic,  Chad,  Comoros,  Côte d'Ivoire,  Democratic Republic of the Congo,  Djibouti,  Eritrea,  Ethiopia,  Equatorial Guinea,  Gabon,  Gambia,  Ghana,  Guinea,  Guinea-Bissau,  Kenya,  Liberia,  Madagascar,  Malawi,  Mali,  Mauritius,  Mozambique,  Namibia,  Niger,  Nigeria,  Republic of the Congo,  Rwanda,  Saint Helena, Ascension and Tristan da Cunha,  São Tomé and Príncipe  Senegal,  Seychelles,  Sierra Leone,  South Sudan,  Swaziland,  Tanzania,  Togo,  Uganda,  Zambia,  Zimbabwe | 10 Years, 2008–2017 terms not released. |
| Arab Digital Distribution |  United Arab Emirates,  Algeria,  Bahrain,  Egypt,  Iran,  Iraq,  Jordan,  Kuwait,  Lebanon,  Libya,  Mauritania,  Morocco,  Oman,  Palestine,  Qatar,  Saudi Arabia,  Sudan,  Syria,  Tunisia,  YemenBroadcast rights on CricOne | 10 Years, 2008–2017 terms not released.[39] |
| ITV (2010–) Setanta Sports (2008–2009) |  United Kingdom: Broadcast on ITV4. | 4 Years 2011–2014, Terms not released. |
| SportsMax |  Anguilla,  Antigua and Barbuda,  Bahamas,  British Virgin Islands,  Barbados,  Bermuda,  Cayman Islands,  Dominica,  Grenada,  Guadeloupe,  Guyana,  Jamaica, Martinique,  Montserrat,  Saint Kitts and Nevis,  Saint Lucia, Saint Martin,  Sint Maarten,  Saint Vincent and the Grenadines,  Suriname,  Trinidad and Tobago,  Turks and Caicos Islands,  United States Virgin Islands | Terms not released |
| Sportsnet One/World/Omni (2011–present) Asian Television Network (2008–2010) ATN-Asian Radio (2008–present) |  Canada: Exclusive broadcast rights. | 4 years, 2011–2014 terms not released. |
| Willow TV (2008–2010) |  United States | Rights to distribute on television, radio, broadband and Internet, for the IPL in North America. 5 years, 2008–2012, terms not released.[40] |
| NEO Cricket (2013–) Dish Network (2008, 2013–) DirecTV (2008–2010) | United States | Terms not released. |
Sponsorships
India's biggest property developer DLF Group paid US$50 million to be the title sponsor of the tournament for 5 years from 2008 to 2012.[41]Other year sponsorship agreements include a deal with motorcycle maker Hero Honda worth $22.5-million, one with PepsiCo worth $12.5-million, and a deal with beer and airline conglomerate Kingfisher at $26.5-million.[42]
Revenue and Profits
The UK-based brand consultancy, Brand Finance, has valued the IPL at $4.13 billion (Rs 18,998 crore) in 2010.[43] It was valued at US$2.01 billion in 2009 by the same consultancy.[44]There are disputed figures for the profitability of the teams. One analyst said that four teams out of the eight made a profit in 2009.[45] While The Times said that all but Kings XI Punjab made a profit.[46]
In 2010, the IPL expects to have 80 official merchandising deals. It has signed a deal with Swiss watchmaker Bandelier to make official watches for the IPL.[47]
According to a recent study by a UK-based brand valuation consultancy, the brand value of the IPL has more than doubled to USD 4.13 billion (over Rs 18,000 crore) from USD 2.01 billion in 2009.[48]
The franchises have been a part of this growth. The Chennai Super Kings have a brand value of USD 79.13 million which places them at the top of the table. The MI franchise has moved up the ladder with a valuation of USD 63.58 million. Kolkata Knight Riders co-owned by Bollywood actor Shahrukh Khan comes in third with a valuation of USD 57.59 million and the Rajasthan Royals, co-owned by Bollywood actress Shilpa Shetty comes in last with USD 33.78 million. The Royal Challengers Bangalore, owned by Vijay Mallya, is ranked fourth with a valuation of USD 55.13 million and is followed by the, Delhi Daredevils (USD 40.85 million) and Kings XI Punjab ( USD 35.75 million). The Deccan Chargers are at the sixth with a valuation of USD 38.76 million.
| Rank | Franchise | Brand Valued |
|---|---|---|
| 1 | Chennai Super Kings | $75.13 m |
| 2 | Mumbai Indians | $63.58 m |
| 3 | Kolkata Knight Riders | $57.576 m |
| 4 | Royal Challengers Bangalore | $55.13 m |
| 5 | Delhi Daredevils | $40.85 m |
| 6 | Deccan Chargers | $38.76 m |
| 7 | Kings XI Punjab | $35.75 m |
| 8 | Rajasthan Royals | $33.78 m |
Controversy about tax exemption
A controversy was triggered when the Centre gave away potential revenue of 45 crore by granting exemption to International Cricket Council (ICC) on the revenue generated from the recently concluded World Cup Cricket Tournament.[49][50] In connection the PIL filed by Shiv Sena leader Subhash Desai seeking a direction to the Maharashtra government and the Income Tax Department to recover entertainment tax from IPL. He also asked the petitioner to make Sharad Pawar a party if he wanted to make allegations against him as he headed the apex cricketing body two years ago.[51]In August 2011, Finance minister Pranab Mukherjee said Tuesday that the Income Tax Department is probing allegations of financial irregularities and "criminal activities" against some of the franchisees in the Indian Premier League (IPL)[52]
In June 2011, the Chennai High Court said it “could not appreciate” the tax exemption to the Indian Premier League and sought a response from Tamil Nadu government on the issue. The PIL filed by Vasan, alias Sakthi Vasan, had contended that the matches conducted by the IPL “are for the entertainment of the public.He submitted that the tickets for the IPL matches were being sold at exorbitant rates and the higher range of tickets are purchased by the rich and the affluent. The petitioner said the Income Tax Department was the authority for regulating the tariff for entertainment, which he said would include the IPL matches, but the department failed to regulate the (IPL) tariff.[53]
