Indian Premier League
From Wikipedia, the free encyclopedia
| Indian Premier League | |
|---|---|
 Logo of the Indian Premier League |
|
| Countries | India |
| Administrator | BCCI |
| Format | Twenty20 |
| First tournament | 2008 |
| Last tournament | Current |
| Next tournament | 2013 |
| Tournament format | Double round-robin and Knockout |
| Number of teams | 9 |
| Current champion | Chennai Super Kings |
| Most successful | Chennai Super Kings (2 titles) |
| Qualification | Twenty20 Champions League |
| Most runs | Suresh Raina (2101, Chennai Super Kings)[1] |
| Most wickets | Lasith Malinga (78, Mumbai Indians)[2] |
| Website | IPLT20.com |
 2012 Indian Premier League |
|
The IPL inspired various international T20 leagues including the MiWay T20 Challenge (South Africa) , the Big Bash League (Australia), and the Bangladesh Premier League (Bangladesh). In turn, the IPL was inspired by the Indian Cricket League (ICL), a private cricket franchise which was founded by Zee Enterprises in 2007.
In 2010, the IPL became the first sporting event ever to be broadcast live on YouTube in association with Indiatimes.[9] Its brand value is estimated to be around US$3.67 billion in fourth season.[10][11] According to the Annual Review of Global Sports Salaries by sportingintelligence.com, IPL is the second highest-paid league in the world, based on first-team salaries on a pro rata basis, second only to the American National Basketball Association. It is estimated that the average salary of an IPL player over a year would be $3.95 million.[12]
Contents |
History
First season
Main article: 2008 Indian Premier League
Second season
Main articles: 2009 Indian Premier League and 2009 IPL Players Auction
The 2009 season coincided with the general election
in India. Owing to concerns regarding players' security, the venue was
shifted to South Africa. The format of the tournament remained same as
the inaugural one. Deccan Chargers, who finished last in the first season,were big underdogs, but came out as eventual winners defeating the Royal Challengers Bangalore in the final. Deccan set a target of 144 with the help of Gibbs(53) and defended it.Third season
Main articles: 2010 Indian Premier League and 2010 IPL Player Auction
The third [season] opened in January 2010 with the auction for players. 66 players were on offer but only 11 players were sold. In this season, Hyderabad Deccan Chargers did not play at their preferred home location of Hyderabad, India due to the ongoing political crisis in the Telangana region . The new bases for the champions this season were Nagpur, Navi Mumbai and Cuttack. Four teams qualified for the semi-finals. The first semi-final was won by Mumbai Indians who defeated Bangalore Royal Challengers by 35 runs. Chennai Super Kings defeated Hyderabad Deccan Chargers in the second semi-final. The final was played between Chennai Super Kings and Mumbai Indians. Chennai Super Kings won by a margin of 22 runs.Fourth season
Main articles: 2011 Indian Premier League and 2011 IPL Player Auction
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.[14] 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.[15] Two months later both teams were finally allowed to take part in the 2011 edition after a court ruling.[16]
Chennai Super Kings won their second consecutive IPL title after defeating Royal Challengers Bangalore by 58 runs in the fourth season of IPL.[17] CSK had beaten RCB in the playoffs too while RCB defeated Mumbai Indians to reach the final. This is the first time a franchise has won two IPL titles, had four consecutive semi-final visits, come to the finals three times, and successfully defended their title. The top four teams namely CSK, RCB, KKR and MI have also qualified for the Champions League. MI are the current Champions League Twenty20 champions by defeating RCB in the finals.
Fifth season
Main articles: 2012 Indian Premier League and 2012 IPL Players Auction
The fifth season, this time with 9 teams (after the termination of
the Kochi franchise) started on 4 April 2012 in Mumbai, for which the
players auction was held on 4 February 2012 in Bangalore.
The season saw IPL authority increasing the number of players in each
squad to 33 from the previous limit of 30 .The first match between
Champions League 20–20 winners Mumbai Indians and the defending
champions Chennai Super Kings was won by Mumbai Indians by eight
wickets. Man of the match Richard Levi scored a 35 ball 50 with 6 fours and 3 sixes.The season will comprise of 9 teams, with 76 matches to be played. It began and will end in Chennai with the opening match on April 4 and the final on May 27. It will be played at 11 venues.[18]
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.[citation needed]League organisation
Franchises
The winning bidders for the eight franchises were announced on 24 January 2008.[19] While the total base price for auction was US $400 million, the auction fetched US $723.59 million.[20]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.[21] 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
Hyderabad Deccan Chargers
Locations of IPL teams
| Team Name | City | Owner(s) | Captain | Head Coach |
|---|---|---|---|---|
| Mumbai Indians | Mumbai | Mukesh Ambani Reliance Industries |
Harbhajan Singh | Robin Singh |
| Royal Challengers Bangalore | Bangalore | Vijay Mallya UB Group |
Daniel Vettori | Ray Jennings |
| Deccan Chargers | Hyderabad | T Venkattram Reddy Deccan Chronicle Group |
Kumar Sangakkara | Darren Lehmann |
| Chennai Super Kings | Chennai | Gurunath Meiyappan India Cements |
Mahendra Singh Dhoni | Stephen Fleming |
| Delhi Daredevils | New Delhi | GMR Group | Virender Sehwag | Eric Simons |
| Kings XI Punjab | Mohali | Ness Wadia, Preity Zinta, Dabur, Apeejay Surendera Group |
Adam Gilchrist | Adam Gilchrist |
| Kolkata Knight Riders | Kolkata | Shahrukh Khan Red Chillies Entertainment Juhi Chawla, Jay Mehta |
Gautam Gambhir | Trevor Bayliss |
| Rajasthan Royals | Jaipur | Lachlan Murdoch Emerging Media Shilpa Shetty, Raj Kundra |
Rahul Dravid | Monty Desai |
| Pune Warriors India | Pune | Subrato Roy Sahara | Sourav Ganguly | Dermot Reeve |
| Kochi Tuskers Kerala (Defunct) |
Kochi | Kochi Cricket Private Ltd |
Rules
There are five ways that a franchise can acquire a player: In the annual auction, buying domestic players, signing uncapped players, through trading, and buying replacements.[22][23] 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.[24][25]Some of the Team composition rules are:
- Minimum squad strength of 16 players plus one physio and a coach.
- No more than 11 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.
- A difference to international cricket is a timeout. It gives the players an opportunity to strategise and take a drink during the strict 2 minutes and 30 seconds time limit. Each team is awarded two timeouts per innings totalling to four timeouts for the whole game. The teams can take the timeout when instructed, but is necessary to take it from 6th to 9th and 13th to 16th over.
- IPL is also known for having commercials during the game, hence there is no time limit for teams to complete their innings. However, there may be a penalty if the umpires find teams misusing this privilege at their own choice.
Statistics and records
Main article: List of statistics and records of Indian Premier League
Winners
| Season | Winners | Runners-up | Teams |
|---|---|---|---|
| 2008 | Rajasthan Royals | Chennai Super Kings | 8 |
| 2009 | Deccan Chargers | Royal Challengers Bangalore | 8 |
| 2010 | Chennai Super Kings | Mumbai Indians | 8 |
| 2011 | Chennai Super Kings | Royal Challengers Bangalore | 10 |
Result summary
| Team | Span | Titles | Matches | Won | Lost | No Result | Win % | Best | Worst |
|---|---|---|---|---|---|---|---|---|---|
| Chennai Super Kings | 2008 – present | 2 | 74 | 42 | 30 | 2 | 58.33 | Champions (Twice) | Semi Finalists |
| Deccan Chargers | 2008 – present | 1 | 71 | 27 | 43 | 1 | 38.00 | Champions | 8th of 8 |
| Delhi Daredevils | 2008 – present | 0 | 68 | 37 | 30 | 2 | 54.55 | 3rd of 8 | 10th of 10 |
| Kings XI Punjab | 2008 – present | 0 | 67 | 33 | 34 | 0 | 49.25 | 3rd of 8 | 8th of 8 |
| Kolkata Knight Riders | 2008 – present | 0 | 67 | 30 | 34 | 3 | 46.88 | 4th of 10 | 8th of 8 |
| Mumbai Indians | 2008 – present | 0 | 70 | 39 | 30 | 1 | 56.52 | Runners Up (Once) | 7th of 8 |
| Rajasthan Royals | 2008 – present | 1 | 68 | 35 | 31 | 2 | 53.03 | Champions | 7th of 8 |
| Royal Challengers Bangalore | 2008 – present | 0 | 72 | 34 | 36 | 2 | 48.57 | Runners Up (Twice) | 7th of 8 |
| Pune Warriors India | 2011 – present | 0 | 25 | 8 | 16 | 1 | 33.33 | 9th of 10 | 9th of 10 |
| Kochi Tuskers Kerala | 2011 | 0 | 14 | 6 | 8 | 0 | 42.86 | 8th of 10 | 8th of 10 |
Player signings
Main articles: 2008 Indian Premier League#Player auctions, 2009 Indian Premier League#Pre-season trades and signings, and 2010 IPL Player Auction
The first players' auctions were held on 2008. The IPL placed icon status on a select few marquee Indian players. These players were Rahul Dravid, Sachin Tendulkar, Saurav Ganguly, Yuvraj Singh, and Virender Sehwag. VVS Laxman,
initially named an icon player, later voluntarily Laxman and Dada opted
out of his icon status to give his team (Deccan Chargers) more money to
bid for players.[26]
For the second season, auctions were also held, but free signings
taking place in the off-season by franchises led to calls for a draft-like system where the lowest ranked teams would be given a first opportunity to sign players..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 a
106 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.[27]Television rights
On 15 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.[28] 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.[29] 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).[30]
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.[31]
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.[32] In the 2012 season, its coverage will also include a weekly highlight show on its Omni Television stations, and four matches.[33]
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.[38]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.[39]
Revenue and Profits
The UK-based brand consultancy, Brand Finance, has valued the IPL at $4.13 billion (Rs 18,998 crore) in 2010.[40] It was valued at US$2.01 billion in 2009 by the same consultancy.[41]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.[42] While the The Times said that all but Kings XI Punjab made a profit.[43]
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.[44]
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.[45]
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.[10]
| Rank | Franchise | Brand Value |
|---|---|---|
| 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.[46][47]
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.[48]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)[49]
In June 2011, the Madras 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.[50]
Mobile applications
DCI Mobile Studios (A division of Dot Com Infoway Limited), in conjunction with Sigma Ventures of Singapore, have jointly acquired the rights to be the exclusive Mobile Application partner and rights holder for the Indian Premier League cricket matches worldwide for the next 8 years (including the 2017 season). Recently[when?], they have released the IPL T20 Mobile applications for iPhone, Nokia Smartphones and BlackBerry devices. Soon it will be made available across all other major Mobile platforms including the Android, Windows Mobile, Palm & others.[51]Official website
The IPL negotiated a contract with the Canadian company Live Current Media Inc. to run and operate its portals and the minimum guarantee has been negotiated at US $50 million over the next 10 years.[52] The official website of the tournament is www.iplt20.com. Incorporating popular forms of social media, the website now contains a more holistic presence across all online mediums to empower user interaction.Global interest
The third season of the IPL saw interest rise dramatically in the United Kingdom, due to telecasts being moved from the subscription-based Setanta Sports to the free-to-air ITV4. Lalit Modi, then Chairman and Commissioner, also expressed immense satisfaction on the way IPL has been accepted by the British audience. "ITV beats Sky Sports over the weekend in number of viewers. This is great going. The ITV numbers are double that of rugby league. This is huge by all imaginations. UK figures for viewership on ITV already 10 times that of last year. This is just fantastic news," he said.[53][54]From Wikipedia, the free encyclopedia
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