2. INDIAN PREMIER LEAGUE
The Indian Premier League (IPL) is a professional Twenty20
cricket league, contested by eight teams based out of eight
different Indian cities. The league was founded by the Board of
Control for Cricket in India (BCCI) in 2007. It is usually held
between March and May of every year and has an exclusive
window in the ICC Future Tours Programmer. The IPL is the
most-attended cricket league in the world and in 2014 was
ranked sixth by average attendance among all sports leagues. In
2010, the IPL became the first sporting event in the world to be
broadcast live on YouTube. The brand value of the IPL in 2019
was âš475 billion, according to Duff & Phelps. According to BCCI,
the 2015 IPL season contributed 11.5 billion to the GDP of
the Indian economy. IPL 2020 set a Massive Viewership Record
With 31.57 Million Average Impressions and with an overall
consumption increase of 23 per cent from 2019 season.
4. BACKGROUND
The Indian Cricket League (ICL) was founded in 2007,
with funding provided by Zee Entertainment
Enterprises. The ICL was not recognized by
the Board of Control for Cricket in India (BCCI) or
the International Cricket Council (ICC) and the BCCI
were not pleased with its committee members
joining the ICL executive board. To prevent players
from joining the ICL, the BCCI increased the prize
money in their own domestic tournaments and
also imposed lifetime bans on players joining the
ICL, which was considered a rebel league by the
board.
5. FOUNDATION
On 13 September 2007, on the back of India's victory at
the 2007 T20 World Cup, BCCI announced a franchise-
based Twenty20 cricket competition called Indian
Premier League. The first season was slated to start in
April 2008, in a "high-profile ceremony" in New Delhi.
BCCI vice-president Lalit Modi , who spearheaded the
IPL effort, spelled out the details of the tournament
including its format, the prize money, franchise revenue
system and squad composition rules. Modi also clarified
that they had been working on the idea for two years
and that the IPL was not started as a "knee-jerk reaction"
to the ICL. The league's format was similar to that of
the Premier League of England and the NBA in the
United States.
6. EXPANSIONS AND
TERMINATIONS
On 21 March 2010, two new franchises â Pune
Warriors India and Kochi Tuskers Kerala â
joined the league before the fourth season in
2011. Sahara Adventure Sports Group bought
the Pune franchise for $370 million
while Rendezvous Sports World bought the
Kochi franchise for $333.3 million. However,
one year later, on 11 November 2011, it was
announced that the Kochi Tuskers Kerala side
would be terminated following the side
breaching the BCCI's terms of conditions.
8. TOURNAMENT FORMAT
Currently, with eight teams, each team plays each other
twice in a home-and-away round-robin format in the
league phase. The top two teams from the league phase
will play against each other in the first Qualifying match,
with the winner going straight to the IPL final and the
loser getting another chance to qualify for the IPL final by
playing the second Qualifying match. Meanwhile, the
third and fourth place teams from league phase play
against each other in an eliminator match and the winner
from that match will play the loser from the first
Qualifying match. The winner of the second Qualifying
match will move onto the final to play the winner of the
first Qualifying match in the IPL Final match, where the
winner will be crowned the IPL champions.
9. PLAYER ACQUISITION, SQUAD
COMPOSITION AND SALARIES
Some of the team composition rules are as
follows:
The squad strength must be between 18 and 25
players, with a maximum of 8 overseas players.
Salary cap of the entire squad must not
exceed 850 million . Under-19 players cannot be
picked unless they have previously played first-
class or List A cricket.
A team can play a maximum of 4 overseas players
in their playing eleven.
10. MATCH RULES
IPL games utilize television timeouts and hence
there is no time limit in which teams must
complete their innings. However, a penalty
may be imposed if the umpires find teams
misusing this privilege. Each team is given a
two-and-a-half-minute "strategic timeout"
during each innings; one must be taken by
the bowling team between the ends of the
6th and 9th over, and one by
the batting team between the ends of the
13th and 16th over.
11. PRIZE MONEY
The 2019 season of the IPL offered a total prize money
of 500 million (US$7.0 million), with the winning team
netting 200million (US$2.8 million). The first and second
runners up received 125
million (US$1.8 million)and 87.5million (US$1.2 million),
respectively, with the fourth placed team also
winning 87.5 million (US$1.2 million). The other teams
are not awarded any prize money. The IPL rules
mandate that half of the prize money must be
distributed among the players.
16. TOURNAMENT SEASONS AND
RESULTS
Out of the thirteen teams that have played in the Indian
Premier League since its inception, one team has won the
competition five times, one team has won the competition
thrice, one team has won the competition twice and three
other teams have won it once. Mumbai Indians are the most
successful team in league's history in terms of the number of
titles won. The Chennai Super Kings have won 3
titles, the Kolkata Knight Riders have won two titles, and the
other three teams who have won the tournament are
the Deccan Chargers, Rajasthan Royals and Sunrises
Hyderabad. The current champions are the Mumbai
Indians who defeated the Delhi Capitals by five wickets in
the final of the 2020 season securing their fifth title and
winning back-to-back championships.
18. AWARDS
⢠Orange Cap
The Orange Cap is awarded to the top run-scorer in the IPL during a season. season.
⢠Purple Cap
The Purple Cap is awarded to the top wicket-taker in the IPL during a season
⢠Most Valuable Player
The award was called the "man of the tournament" till the 2012 season. The leader of
which would be named the "Most Valuable Player" at the end of the season. Latest
winner â Jofra Archer (2020)
⢠Fairplay Award
The Fair Play Award is given after each season to the team with the best record of fair play.
The winner is decided on the basis of the points the umpires give to the teams.)
⢠Emerging player award
The award was presented for the "best under-19 player" in 2008 and "best under-23
player" in 2009 and 2010, being called "Under-23 Success of the Tournament Since
2014, the award has been called the Emerging Player of the Year.
⢠Most sixes award
⢠The Maximum Sixes Award, currently known as Unacademy Let's Crack It Sixes Award
for sponsorship reasons, is presented to the batsman who hits the most sixes in a
season of the IPL.
19. FINANCIALS
⢠Title sponsorship
⢠From 2008 to 2012, the title sponsor was DLF, India's largest
real estate developer, who had secured the rights with a bid
of 200 crore (US$28 million) for five seasons. After the
conclusion of the 2012 season, PepsiCo bought the title
sponsorship rights for 397 crore (US$56 million) for the
subsequent five seasons.
⢠Dream11 bagged the title sponsorship for the 2020 IPL for an
amount of 220 crore.
⢠Sponsor Period Sponsorship fee (peryear)DLF2008â2012
40crore(US$5.6million)Pepsi2013â2015
79.2crore(US$11.1Dream112020
222crore(US$31.1million)Vivo2021â2023
439.8crore(US$61.7million)
20. BRAND VALUE
⢠The tournament has grown rapidly in value over the years
2016â18, as seen in a series of jumps in value from one
season to the next. The IPL as a whole was valued by
financial experts at US$4.16 billion in 2016, but that
number grew to $5.3 billion in 2017, and $6.13 billion in
2018. A report from Duff & Phelps said that one of the
contributing factors in the rapid growth of the value of
the Indian Premier League was signing a new television
deal with Star India Private Limited, which engaged more
viewers due to the fact that the IPL was transmitted to
regional channels in 8 different languages, rather than the
previous deal, which saw the transmissions limited to
sports networks with English language commentary.
21. BROADCASTING
The IPL's broadcast rights were originally held by a partnership
between Sony Pictures Networks and World Sport Group under a
ten-year contract valued at US$1.03 billion. Sony would be
responsible for domestic television, while WSG would handle
international distribution. The initial plan was for 20% of these
proceeds to go to the IPL, 8% as prize money and 72% would be
distributed to the franchisees from 2008 until 2012, after which the
IPL would go public and list its shares. However, in March 2010, the
IPL decided not to go public and list its shares. As of the 2016
season, Sony MAX, Sony SIX, and Sony ESPN served as the domestic
broadcasters of the IPL; MAX and SIX aired broadcasts with
commentary in Hindi, SIX additionally aired broadcasts
in Bengali, Tamil, Kannada and Telugu, while Sony ESPN aired
broadcasts in English . Sony also produced an entertainment-
oriented companion talk show, Extra Innings T20, which featured
analysis and celebrity guests.
22. INTERNATIONAL BROADCASTERS
⢠TerritoryChannelsYears AfghanistanRTA Sports(2021â
present) AfricaSuperSport(2021âpresent) AustraliaFox
Cricket(2021âpresent) BangladeshGazi TV Star Sports(2021â
present)(2021âpresent) Bhutan Star Sports(2021â
present) Canada Willow TV(2021âpresent) Caribbean Flow
Sports(2021âpresent) Europe(2021âpresent) India Star
Sports(2021âpresent) Ireland Sky Sports(2021â
present) Maldives Star Sports(2021âpresent) Middle
EastbeIN Sports(2021âpresent) North AfricabeIN
Sports(2021âpresent)North America Willow TV(2021â
present) Nepal Star Sports(2021âpresent)
23. IPL GOVERNING COUNCIL
⢠The IPL Governing Council is responsible for all
the functions of the tournament. The members
are:
⢠Brijesh Patel â Chairman
⢠Jay Shah â Honorary Secretary
⢠Arun Singh Dhumal â Honorary Treasurer
⢠M Khairul Jamal Majumdar â Member
⢠Pragyan Ojha â ICA representative
⢠Alka Rehani Bhardwaj â CAG Nominee
24. CONTROVERSY
⢠Sponsorship
⢠The IPL faced heavy criticism for retaining Chinese
sponsors for the 2020 IPL, even amidst calls
for boycotting Chinese goods, and even while
the 2020 ChinaâIndia skirmishes were still going
on. Omar Abdullah and Randeep Singh
Surjewala both criticized the BCCI/IPL governing
council's decision to retain the Chinese
sponsors. Swadeshi Jagran Manch, an affiliate
of Rashtriya Swayamsevak Sangh (RSS), said that
the 2020 IPL should not feature the Chinese
company Vivo.