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Indian Premier League ( IPL)

IPL | Cricket | Football FIFA World cup | Commonwealth games | Asian Beach games | Hockey world cup| Wimbledon

IPL 2010: Fixtures ( Starts on 12th March 2010 and Finals on 25th April 2010 )
IPL2010 Teams: Chennai Super Kings . Deccan Chargers , Delhi Daredevils , Kings XI Punjab ,
Kolkata Knight Riders , Mumbai Indians , Rajasthan Royals , Royal Challengers Bangalore


Click: LIVE SCORE BOARD


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The Indian Premier League (also known as the "DLF Indian Premier League" and often abbreviated as IPL), is a Twenty20 cricket competition created by the Board of Control for Cricket in India (BCCI). The first season of the Indian Premier League commenced on 18 April 2008, and ended on 1 June 2008 with the victory of the Rajasthan Royals in the final at the DY Patil Stadium, Navi Mumbai.

The official rules for the tournament are here. Some of the Team composition rules are:

* Total squad strength of 16 players plus one physio and a coach.
* No more than 8 foreign players in the squad and at most 4 in the playing XI.
* A minimum of 4 local players must be included in each team.
* No fewer than 4 players from the BCCI under-22 pool in each team.

The players accorded "icon" status are: Sachin Tendulkar, Rahul Dravid, Sourav Ganguly, Yuvraj Singh, Virender Sehwag and Mahendra Singh Dhoni. The total spending cap for a franchisee in the first player auction was US $5m. Under-22 players are to be remunerated with a minimum annual salary of US $20,000 while for others it is US $50,000. Icon players are to be paid 15% more than the highest paid player in their respective teams.

In late June 2007, two men met in an English house, not far from the rain-drenched Wimbledon Championships, to discuss a very different sporting event. Lalit Modi, Vice-President of the Board of Control for Cricket in India (BCCI) brainstormed with Andrew Wildblood of the International Management Group (IMG), the sports management giants. In April 2008, the maiden IPL tournament that Mr. Modi had conceived and developed, was underway.

February 2008 saw the frantic player auction that created a media frenzy. Among the bidders were some of India’s richest and most powerful names, from industrialists to film stars, adding to the event’s lustre. As the sums on offer began to emerge – $1.5m for Mahendra Singh Dhoni, $1.35m for Andrew Symonds, $950,000 for the inexperienced Ishant Sharma – cricket raised its eyebrows, held its breath and braced itself for a new era.

The opening ceremony was like nothing the sport had seen before and would not have been out of place as a curtain raiser for the Olympic Games. And much to everyone's satisfaction, the cricket lived up to all expectations. The world witnessed the first ever Twenty20 competition played on a scale comparable to the biggest events in sporting history.

The public's imagination was captured even before Warne's Rajashtan Royals embarked on their competition-defining run. Helped by the presence at matches – and, invariably on the next morning’s front pages – of Bollywood stars such as Shah Rukh Khan, owner of the Kolkata franchise, and Preity Zinta, co-owner of the Kings XI Punjab, the early matches of the IPL attracted a huge television audience.

After the spectacular success of the inaugural tournament, news that the 2009 IPL would have to be played overseas was met with some resistance. But right from the magnificent opening ceremony to the closing festivities, viewers stayed hooked to the mega event that saw the Deccan Chargers led by Adam Gilchrist take top honours. In the words of Mr. Modi, "It's been a success thanks to the people of South Africa."

The Indian Premier League has moved from strength to strength in its two early editions. And the world has taken notice. The IPL has even made it to the fourth spot of the Forbes list of the world's hottest sporting properties. The competition returns to India in March 2010 after its South African safari in 2009. The stage is set for a contest that is more compelling, spectacular and multi-faceted than ever before

Governing Council

Articles: Restricted IPL coverage could cost news channels Rs 20 crore in revenues


More information:

Teams play each other two times in a round robin system, with equal number of home and away matches. The top four ranking sides will progress to the semi-finals.

The inaugural 2008 tournament started on 18 April 2008 in Bangalore and lasted for 46days, with 59 matches scheduled, out of which 58 took place and 1 was washed out due to rain


Television rights and sponsorship
The IPL will bring the BCCI income of US$1 billion, over a period of five to ten years, reinforcing its status as the richest board in world cricket.

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%.[3]

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.[4] 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.[5]

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.[6]

Sony-WSG then re-sold parts of the broadcasting rights geographically to other companies. Below is a summary of the broadcasting rights around the world.

Winning Bidder Regional Broadcast Rights Terms of Deal
Sony/World Sport Group
Global Rights, India 10 years at USD 1.026 Billion[4]
Network Ten Free-to-air television in Australia 5 years at AUD 10-15 Million.[7]
Sky Network Television New Zealand broadcast rights Terms not relesed
Setanta Sports
United Kingdom and Ireland on a subscription basis 5 years, terms not disclosed.[8]
Arab Digital Distribution Middle East broadcast rights on ADD's ART Prime Sport channel. Will broadcast to United Arab Emirates, Bahrain, Iran, Iraq, Jordan, Kuwait, Lebanon, Oman, Qatar, Palestine, Saudi Arabia, Syria, Turkey, Algeria, Morocco, Tunisia, Egypt, Sudan, Libya and Nigeria. 10 Years, terms not released.[9]
Willow TV Rights to distribute on television, radio, broadband and Internet, for the IPL in North America. 5 years, terms not released.[10]
SuperSport
South Africa and Nigeria broadcast rights Terms not released
GEO Super
Pakistan broadcast rights Terms not released
Asian Television Network
Canadian broadcast rights. Aired on ATN's CBN & ATN Cricket Plus channels on a subscription basis. Aired on XM Radio's ATN-Asian Radio as well. 5 years, terms not released.[11]

Rules

The official rules for the tournament are here. Some of the Team composition rules are:

Total squad strength of 16 players plus one physio and a coach.
No more than 8 foreign players in the squad and at most 4 in the playing XI.
A minimum of 4 local players must be included in each team.
No fewer than 4 players from the BCCI under-22 pool in each team.
The players accorded "icon" status are: Sachin Tendulkar, Rahul Dravid, Sourav Ganguly, Yuvraj Singh, Virender Sehwag and Mahendra Singh Dhoni. The total spending cap for a franchisee in the first player auction was US $5m. Under-22 players are to be remunerated with a minimum annual salary of US $20,000 while for others it is US $50,000. Icon players are to be paid 15% more than the highest paid player in their respective teams.


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.[12] The official website of the tournament is iplt20.com.


Franchises
The winning bidders for the eight franchises were announced on 24 January 2008.[13] While the total base price for auction was US $400 million, the auction fetched US $723.59 million.[14] The official list of franchise owners announced and the winning bids were as follows.

Franchise Owner(s) Price (USD)
Mumbai Indians
Reliance Industries $111.9 million
Royal Challengers Bangalore UB group $111.6 million
Hyderabad Deccan Chargers
Deccan Chronicle $107 million
Chennai Super Kings India Cements and N Srinivasan $91 million
Delhi Daredevils GMR Holdings $84 million
Kings XI Punjab
Preity Zinta, Ness Wadia, Karan Paul (Apeejay Surendera Group) and Mohit Burman (Dabur) $76 million
Kolkata Knight Riders
Shahrukh Khan, Juhi Chawla Mehta and Jai Mehta (Red Chillies Entertainment) $75.09 million
Rajasthan Royals Emerging Media: (A.R Jha, Lachlan Murdoch, Suresh Chellaram) $67 million


( Courtesy: Answer.com )

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