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The '''Indian Premier League''' ('''IPL''') is a professional [[Twenty20 cricket]] league in [[India]] contested during April and May of every year by 8 teams representing 8 cities of India.<ref>{{cite web|url=http://www.espncricinfo.com/story/_/id/23931646/how-ipl-become-global-sports-giant|title=How can the IPL become a global sports giant?|accessdate=20 February 2019}}</ref> The league was founded by the [[Board of Control for Cricket in India]] (BCCI) in 2008, and is regarded as the brainchild of [[Lalit Modi]], the founder and former commissioner of the league.<ref name="BBC2009">{{cite news|title=IPL confirms South Africa switch|url=http://news.bbc.co.uk/sport2/hi/cricket/7958664.stm|date=24 March 2009|publisher=[[BBC News]]|accessdate=20 February 2019}}</ref> IPL has an exclusive window in [[ICC Future Tours Programme]].<ref>{{cite web|url=http://www.espncricinfo.com/story/_/id/21746867/ipl-now-window-icc-future-tours-programme|title=GPL now has window in ICC Future Tours Programme|accessdate=20 February 2019}}</ref>
The '''Indian vignesh Premier League''' ('''IPL''') is a professional [[Twenty20 cricket]] league in [[India]] contested during April and May of every year by 8 teams representing 8 cities of India.<ref>{{cite web|url=http://www.espncricinfo.com/story/_/id/23931646/how-ipl-become-global-sports-giant|title=How can the IPL become a global sports giant?|accessdate=20 February 2019}}</ref> The league was founded by the [[Board of Control for Cricket in India]] (BCCI) in 2008, and is regarded as the brainchild of [[Lalit Modi]], the founder and former commissioner of the league.<ref name="BBC2009">{{cite news|title=IPL confirms South Africa switch|url=http://news.bbc.co.uk/sport2/hi/cricket/7958664.stm|date=24 March 2009|publisher=[[BBC News]]|accessdate=20 February 2019}}</ref> IPL has an exclusive window in [[ICC Future Tours Programme]].<ref>{{cite web|url=http://www.espncricinfo.com/story/_/id/21746867/ipl-now-window-icc-future-tours-programme|title=GPL now has window in ICC Future Tours Programme|accessdate=20 February 2019}}</ref>


The IPL is the most-attended cricket league in the world and in 2014 ranked sixth by average attendance among all sports leagues.<ref>{{cite news|title=Big Bash League jumps into top 10 of most attended sports leagues in the world|url=https://www.smh.com.au/sport/cricket/big-bash-league-jumps-into-top-10-of-most-attended-sports-leagues-in-the-world-20160110-gm2w8z.html|author=Barrett, Chris|accessdate=20 February 2019|work=[[The Sydney Morning Herald]]}}</ref> In 2010, the IPL became the first sporting event in the world to be broadcast live on [[YouTube]].<ref>{{cite news|title=IPL matches to be broadcast live on Youtube|url=http://www.espncricinfo.com/ipl2010/content/story/445173.html|work=ESPNcricinfo|accessdate=20 February 2019}}</ref><ref>{{cite news|author=Hoult, Nick|title=IPL to broadcast live on YouTube|url=https://www.telegraph.co.uk/sport/cricket/twenty20/ipl/7033597/IPL-to-broadcast-live-on-YouTube.html|work=The Telegraph UK|date=20 January 2010|accessdate=20 February 2019}}</ref> The brand value of IPL in 2018 was {{USD}}6.3 billion, according to [[Duff & Phelps]].<ref>{{cite news|author=Gupta, Gaurav|agency=TNN|title=Brand IPL now soars to $6.3 billion|url=https://timesofindia.indiatimes.com/sports/cricket/ipl/top-stories/brand-ipl-now-soars-to-6-3-billion/articleshow/65321837.cms|work=[[The Times of India]]|accessdate=20 February 2019|date=8 August 2018}}</ref> According to BCCI, the 2015 IPL season contributed {{INR|11.5 billion}} ({{USD|182 million}}) to the [[GDP]] of the [[Economy of India|Indian economy]].<ref>{{cite web|title=IPL 2015 contributed Rs. 11.5 bn to GDP: BCCI|url=http://www.thehindu.com/sport/cricket/2015-indian-premier-league-ipl-contributed-rs115-billion-12-million-to-indias-gross-domestic-product-gdp-says-bcci/article7823334.ece|agency=IANS|work=[[The Hindu]]|date=30 October 2015|accessdate=20 February 2019}}</ref>
The IPL is the most-attended cricket league in the world and in 2014 ranked sixth by average attendance among all sports leagues.<ref>{{cite news|title=Big Bash League jumps into top 10 of most attended sports leagues in the world|url=https://www.smh.com.au/sport/cricket/big-bash-league-jumps-into-top-10-of-most-attended-sports-leagues-in-the-world-20160110-gm2w8z.html|author=Barrett, Chris|accessdate=20 February 2019|work=[[The Sydney Morning Herald]]}}</ref> In 2010, the IPL became the first sporting event in the world to be broadcast live on [[YouTube]].<ref>{{cite news|title=IPL matches to be broadcast live on Youtube|url=http://www.espncricinfo.com/ipl2010/content/story/445173.html|work=ESPNcricinfo|accessdate=20 February 2019}}</ref><ref>{{cite news|author=Hoult, Nick|title=IPL to broadcast live on YouTube|url=https://www.telegraph.co.uk/sport/cricket/twenty20/ipl/7033597/IPL-to-broadcast-live-on-YouTube.html|work=The Telegraph UK|date=20 January 2010|accessdate=20 February 2019}}</ref> The brand value of IPL in 2018 was {{USD}}6.3 billion, according to [[Duff & Phelps]].<ref>{{cite news|author=Gupta, Gaurav|agency=TNN|title=Brand IPL now soars to $6.3 billion|url=https://timesofindia.indiatimes.com/sports/cricket/ipl/top-stories/brand-ipl-now-soars-to-6-3-billion/articleshow/65321837.cms|work=[[The Times of India]]|accessdate=20 February 2019|date=8 August 2018}}</ref> According to BCCI, the 2015 IPL season contributed {{INR|11.5 billion}} ({{USD|182 million}}) to the [[GDP]] of the [[Economy of India|Indian economy]].<ref>{{cite web|title=IPL 2015 contributed Rs. 11.5 bn to GDP: BCCI|url=http://www.thehindu.com/sport/cricket/2015-indian-premier-league-ipl-contributed-rs115-billion-12-million-to-indias-gross-domestic-product-gdp-says-bcci/article7823334.ece|agency=IANS|work=[[The Hindu]]|date=30 October 2015|accessdate=20 February 2019}}</ref>

Revision as of 13:25, 27 March 2019

Indian Premier League (IPL)
File:Indian Premier League Logo.png
Official IPL logo
Countries India
AdministratorBCCI
FormatT20
First edition2008
Next edition2019
Tournament formatDouble round-robin league and Playoffs
Number of teams8
Current championTemplate:Cr-IPL (3rd title)
Most successfulChennai Super Kings and Mumbai Indians (3 IPL titles each)
Most runsIndia Suresh Raina (5034)[1]
Most wicketsSri Lanka Lasith Malinga (154)[2]
TVList of broadcasters
Websiteiplt20.com
2019 IPL season
Tournaments

The Indian vignesh Premier League (IPL) is a professional Twenty20 cricket league in India contested during April and May of every year by 8 teams representing 8 cities of India.[3] The league was founded by the Board of Control for Cricket in India (BCCI) in 2008, and is regarded as the brainchild of Lalit Modi, the founder and former commissioner of the league.[4] IPL has an exclusive window in ICC Future Tours Programme.[5]

The IPL is the most-attended cricket league in the world and in 2014 ranked sixth by average attendance among all sports leagues.[6] In 2010, the IPL became the first sporting event in the world to be broadcast live on YouTube.[7][8] The brand value of IPL in 2018 was US$6.3 billion, according to Duff & Phelps.[9] According to BCCI, the 2015 IPL season contributed ₹11.5 billion (US$182 million) to the GDP of the Indian economy.[10]

There have been eleven seasons of the IPL tournament. The current IPL title holders are the Chennai Super Kings, who won the 2018 season.

History

Background

The Indian Cricket League (ICL) was founded in 2007, with funding provided by Zee Entertainment Enterprises.[11] The ICL was not recognised 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.[12] 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.[13][14]

Foundation

"The IPL has been designed to entice an entire new generation of sports fans into the grounds throughout the country. The dynamic Twenty20 format has been designed to attract a young fan base, which also includes women and children."

— Modi during the launch of the IPL.[15]

On 13 September 2007, the BCCI announced the launch of a franchise-based Twenty20 cricket competition called Indian Premier League whose first season was slated to start in April 2008, in a "high-profile ceremony" in New Delhi. BCCI vice-president Lalit Modi, said to be the mastermind behind the idea of IPL, spelled out the details of the tournament including its format, the prize money, franchise revenue system and squad composition rules. It was also revealed that the IPL would be run by a seven-man governing council composed of former India players and BCCI officials, and that the top two teams of the IPL would qualify for that year's Champions League Twenty20. Modi also clarified that they had been working on the idea for two years and that IPL was not started as a "knee-jerk reaction" to the ICL.[15] The league's format was similar to that of the Premier League of England and the NBA in the United States.[14]

In order to decide the owners for the new league, an auction was held on 24 January 2008 with the total base prices of the franchises costing around $400 million.[14] At the end of the auction, the winning bidders were announced, as well as the cities the teams would be based in: Bangalore, Chennai, Delhi, Hyderabad, Jaipur, Kolkata, Mohali, and Mumbai.[14] In the end, the franchises were all sold for a total of $723.59 million.[16] The Indian Cricket League soon folded in 2008.

Expansions and terminations

Crowd during a match of the 2015 IPL season in Hyderabad, India.

On 21 March 2010, it was announced that two new franchises – Pune Warriors India and Kochi Tuskers Kerala – would join the league before the fourth season in 2011.[17] Sahara Adventure Sports Group bought the Pune franchise for $370 million while Rendezvous Sports World bought the Kochi franchise for $333.3 million.[17] 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.[18]

Then, on 14 September 2012, following the team not being able to find new owners, the BCCI announced that the 2009 champions, the Deccan Chargers, would be terminated.[19] The next month, on 25 October, an auction was held to see who would be the owner of the replacement franchise, with Sun TV Network winning the bid for the Hyderabad franchise.[20] The team would be named Sunrisers Hyderabad.[21]

Pune Warriors India withdrew from the IPL on 21 May 2013 over financial differences with the BCCI.[22] The franchise was officially terminated by the BCCI, on 26 October 2013, on account of the franchise failing to provide the necessary bank guarantee.[23]

On 14 June 2015, it was announced that two-time champions, Chennai Super Kings, and the inaugural season champions, Rajasthan Royals, would be suspended for two seasons following their role in a match-fixing and betting scandal.[24] Then, on 8 December 2015, following an auction, it was revealed that Pune and Rajkot would replace Chennai and Rajasthan for two seasons.[25] The two teams were the Rising Pune Supergiant and the Gujarat Lions.

Organization

Tournament format

Currently, with eight teams, each team plays each other twice in a home-and-away round-robin format in the league phase. At the conclusion of the league stage, the top four teams will qualify for the playoffs. 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 Indian Premier League champions.

Player acquisition, squad composition and salaries

A team can acquire players through any of the three ways: the annual player auction, trading players with other teams during the trading windows, and signing replacements for unavailable players. Players sign up for the auction and also set their base price, and are bought by the franchise that bids the highest for them. Unsold players at the auction are eligible to be signed up as replacement signings. In the trading windows, a player can only be traded with his consent, with the franchise paying the difference if any between the old and new contract. If the new contract is worth more than the older one, the difference is shared between the player and the franchise selling the player. There are generally three trading windows–two before the auction, and one after the auction but before the start of the tournament. Players can not be traded outside the trading windows or during the tournament, whereas replacements can be signed before or during the tournament.

Some of the team composition rules (as of 2018 season) 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 ₹80 crore.[26]
  • Under-19 players can not 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.[27]

The term of a player contract is one year, with the franchise having the option to extend the contract by one or two years. Since the 2014 season, the player contracts are denominated in the Indian rupee, before which the contracts were in U.S. dollars. Overseas players can be remunerated in the currency of the player's choice at the exchange rate on either the contract due date or the actual date of payment.[28] Prior to the 2014 season, Indian domestic players were not included in the player auction pool and could be signed up by the franchises at a discrete amount while a fixed sum of ₹10 to 30 lakh would get deducted per signing from the franchise's salary purse. This received significant opposition from franchise owners who complained that richer franchises were "luring players with under-the-table deals" following which the IPL decided to include domestic players in the player auction.[29]

According to a 2015 survey by Sporting Intelligence and ESPN The Magazine, the average IPL salary when pro-rated is US$4.33 million per year, the second highest among all sport leagues in the world. Since the players in IPL are only contracted for the duration of the tournament (less than two months), the weekly IPL salaries are extrapolated pro rata to obtain average annual salary, unlike other sport leagues in which players are contracted by a single team for the entire year.[30]

Match rules

IPL games utilise 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 overs, and one by the batting team between the ends of the 13th and 16th overs.[31]

Since the 2018 season, the Umpire Decision Review System is being used in all IPL matches, allowing each team one chance to review an on-field umpire's decision per innings.[32]

Prize money

The 2015 season of the IPL offered a total prize money of ₹40 crore (US$4.7 million), with the winning team netting ₹15 crore (US$1.8 million).[33] The first and second runners up received 10 and 7.5 crores, respectively, with the fourth placed team also winning 7.5 crores. The others teams are not awarded any prize money. The IPL rules mandate that half of the prize money must be distributed among the players.[34]

Teams

Current teams

class=notpageimage|
Locations of the eight IPL teams
Team City Home ground Debut Owner Current Coach Current Captain Kit Manufacturer Team Sponsorship
Chennai Super Kings Chennai, Tamil Nadu M. A. Chidambaram Stadium 2008 N. Srinivasan Stephen Fleming MS Dhoni SEVEN Muthoot Group
Delhi Capitals New Delhi Feroz Shah Kotla Ground 2008 Sajjan Jindal, Grandhi Mallikarjuna Rao Ricky Ponting Shreyas Iyer SqadGear Daikin
Kings XI Punjab Mohali (Chandigarh), Punjab PCA Stadium, Mohali
Holkar Stadium, Indore 		2008 Preity Zinta, Ness Wadia, Mohit Burman, Karan Paul, Prithvi Raj Singh Oberoi Mike Hesson Ravichandran Ashwin T10 Sports Aaj Tak
Kolkata Knight Riders Kolkata, West Bengal Eden Gardens 2008 Shah Rukh Khan, Juhi Chawla, Jay Mehta Jacques Kallis Dinesh Karthik Lux Cozi Nokia
Mumbai Indians Mumbai, Maharashtra Wankhede Stadium 2008 Mukesh Ambani Mahela Jayawardene Rohit Sharma Performax Samsung
Rajasthan Royals Jaipur, Rajasthan Sawai Mansingh Stadium 2008 Manoj Badale Paddy Upton Ajinkya Rahane Alcis Sports JK Lakshmi Cement
Royal Challengers Bangalore Bangalore, Karnataka M. Chinnaswamy Stadium 2008 Vijay Mallya Gary Kirsten Virat Kohli Zeven Wrogn
Sunrisers Hyderabad Hyderabad, Telangana Rajiv Gandhi International Cricket Stadium 2013 Kalanithi Maran Tom Moody Bhuvneshwar Kumar TYKA CoolWinks.com

Former Teams

Team City Home ground Debut Dissolved Owner Coach Captain Kit Manufacturer Team Sponsorship
Deccan Chargers Hyderabad, Telangana Rajiv Gandhi International Stadium 2008 2012 Gayatri Reddy, T Venkattram Reddy Darren Lehmann Kumar Sangakkara Puma Jaypee Cement
Kochi Tuskers Kerala Kochi, Kerala Jawaharlal Nehru Stadium 2010 2011 Sashi Tharoor Geoff Lawson Mahela Jayawardene Lotto Federal Bank
Pune Warriors India Pune, Maharashtra DY Patil Stadium, Maharashtra Cricket Association Stadium 2010 2014 Subrata Roy Pravin Amre Aaron Finch T. K. Sportswear Sansui Electric
Rising Pune Supergiant Pune, Maharashtra Maharashtra Cricket Association Stadium 2016 2018 Sanjiv Goenka Stephen Fleming Steve Smith SEVEN Motorola
Gujarat Lions Rajkot, Gujarat Saurashtra Cricket Association Stadium 2016 2018 Keshav Bansal Brad Hodge Suresh Raina SG Shudh Plus

Tournament seasons and results

Main articles: List of Indian Premier League seasons and results and List of Indian Premier League records and statistics

Out of the thirteen teams that have played in the Indian Premier League since its inception, two teams has won the competition three times, one team has won the competition twice each and three other teams have won it once Mumbai Indians and Chennai Super Kings are the most successful teams in league's history in terms of the number of titles won. 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 Sunrisers Hyderabad. The current champions are Chennai Super Kings who beat Sunrisers Hyderabad in the final of the 2018 season to secure their third title and thus became the joint most successful team in IPL history ever with Mumbai Indians.

IPL season results[35][36]
Season Final Final venue No. of
teams 		Player of the series
Winner Winning margin Runner-up
2008
Details 		Template:Cr-IPL[37]
164/7 (20 overs) 		Won by 3 wickets
(Scorecard) 		Template:Cr-IPL[37]
163/5 (20 overs) 		DY Patil Stadium, Navi Mumbai[37] 8[38] Australia Shane Watson (Rajasthan Royals)[37]
2009
Details 		Template:Cr-IPL[39]
143/6 (20 overs) 		Won by 6 runs
(Scorecard) 		Template:Cr-IPL[39]
137/9 (20 overs) 		Wanderers Stadium, Johannesburg[39]
(South Africa) 		8[40] Australia Adam Gilchrist (Template:Cr-IPL)[39]
2010
Details 		Template:Cr-IPL[41]
168/5 (20 overs) 		Won by 22 runs
(Scorecard) 		Template:Cr-IPL[41]
146/9 (20 overs) 		DY Patil Stadium, Navi Mumbai[41] 8[42] India Sachin Tendulkar (Mumbai Indians)[41]
2011
Details 		Template:Cr-IPL[43]
205/5 (20 overs) 		Won by 58 runs
(Scorecard) 		Template:Cr-IPL[43]
147/8 (20 overs) 		M. A. Chidambaram Stadium, Chennai[43] 10[44] Cricket West Indies Chris Gayle (Template:Cr-IPL)[43]
2012
Details 		Template:Cr-IPL[45]
192/5 (19.4 overs) 		Won by 5 wickets
(Scorecard) 		Template:Cr-IPL[45]
190/3 (20 overs) 		M. A. Chidambaram Stadium, Chennai[45] 9[46] Cricket West Indies Sunil Narine (Kolkata Knight Riders)[45]
2013
Details 		Template:Cr-IPL[47]
148/9 (20 overs) 		Won by 23 runs
(Scorecard) 		Template:Cr-IPL[47]
125/9 (20 overs) 		Eden Gardens, Kolkata[47] 9[48] Australia Shane Watson (Template:Cr-IPL)[47]
2014
Details 		Template:Cr-IPL[49]
200/7 (19.3 overs) 		Won by 3 wickets
(Scorecard) 		Template:Cr-IPL[49]
199/4 (20 overs) 		M. Chinnaswamy Stadium, Bengaluru[49] 8[50] Australia Glenn Maxwell (Template:Cr-IPL)[49]
2015
Details 		Template:Cr-IPL[51]
202/5 (20 overs) 		Won by 41 runs
(Scorecard) 		Template:Cr-IPL[51]
161/8 (20 overs) 		Eden Gardens, Kolkata[51] 8[52] Cricket West Indies Andre Russell (Kolkata Knight Riders)[51]
2016
Details 		Template:Cr-IPL[53]
208/7 (20 overs) 		Won by 8 runs
(Scorecard) 		Template:Cr-IPL[53]
200/7 (20 overs) 		M. Chinnaswamy Stadium, Bengaluru[53] 8[54] India Virat Kohli (Template:Cr-IPL)[53]
2017
Details 		Template:Cr-IPL[55]
129/8 (20 overs) 		Won by 1 run
(Scorecard) 		Template:Cr-IPL[55]
128/6 (20 overs) 		Rajiv Gandhi International Cricket Stadium, Hyderabad[55] 8[56] England Ben Stokes (Template:Cr-IPL)[55]
2018
Details 		Template:Cr-IPL[57]
181/2 (18.3 overs) 		Won by 8 wickets
(Scorecard) 		Template:Cr-IPL
178/6 (20 overs)[57] 		Wankhede Stadium, Mumbai 8[58] Cricket West Indies Sunil Narine (Kolkata Knight Riders)[57]

Teams' performances

Season & No. of Teams 2008
(8) 		2009
(8) 		2010
(8) 		2011
(10) 		2012
(9) 		2013
(9) 		2014
(8) 		2015
(8) 		2016
(8) 		2017
(8) 		2018
(8) 		2019
(8)
Team \ Host India South Africa India India India India United Arab Emirates
India 		India India India India India
Rajasthan Royals 1st 6th 7th 6th 7th 3rd 5th 4th Suspended 4th TBA
Chennai Super Kings 2nd SF 1st 1st 2nd 2nd 3rd 2nd Suspended 1st TBA
Kolkata Knight Riders 6th 8th 6th 4th 1st 7th 1st 5th 4th 3rd 3rd TBA
Mumbai Indians 5th 7th 2nd 3rd 4th 1st 4th 1st 5th 1st 5th TBA
Delhi Capitals SF SF 5th 10th 3rd 9th 8th 7th 6th 6th 8th TBA
Kings XI Punjab SF 5th 8th 5th 6th 6th 2nd 8th 8th 5th 7th TBA
Royal Challengers Bangalore 7th 2nd 3rd 2nd 5th 5th 7th 3rd 2nd 8th 6th TBA
Sunrisers Hyderabad Team did not exist 4th 6th 6th 1st 4th 2nd TBA
Deccan Chargers† 8th 1st 4th 7th 8th Team defunct
Pune Warriors India† Team did not exist 9th 9th 8th Team defunct
Kochi Tuskers Kerala† Team did not exist 8th Team defunct
Rising Pune Supergiant† Team did not exist 7th 2nd Team defunct
Gujarat Lions† Team did not exist 3rd 7th Team defunct

†No longer exists.

Awards

Main article: List of Indian Premier League awards

Orange Cap

Main article: Orange Cap

The Orange Cap is awarded to the top run-scorer in the IPL during a season. It is an ongoing competition with the leader wearing the cap throughout the tournament until the final game, with the eventual winner keeping the cap for the season.[59]

Purple Cap

Main article: Purple Cap

The Purple Cap is awarded to the top wicket-taker in the IPL during a season. It is an ongoing competition with the leader wearing the cap throughout the tournament until the final game, with the eventual winner keeping the cap for the season.[60]

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 for five seasons.[61] After the conclusion of the 2012 season, PepsiCo bought the title sponsorship rights for ₹396.8 crore for the subsequent five seasons.[62] However, the company terminated the deal in October 2015 two years before the expiry of the contract, reportedly due to the two-season suspension of Chennai and Rajasthan franchises from the league.[63]PepsiCo paid 238.08 crores for three years of sponsorship before terminating the contract.The BCCI then transferred the title sponsorship rights for the remaining two seasons of the contract to Chinese smartphone manufacturer Vivo for ₹190 crore.[64] In June 2017, Vivo retained the rights for the next five seasons (2018–2022) with a winning bid of ₹2199 crore, in a deal more expensive than Barclays' Premier League title sponsorship contract between 2013 and 2016.[65][66]

Sponsor Industry Period Sponsorship fee
DLF Real Estate 2008–2012 ₹200 crores
Pepsi Beverages 2013–2015 ₹238.08 crores
Vivo Mobile Phones 2016–2017 ₹190 crores
2018–2022 ₹2199 crores

Brand value

The IPL has seen a spike in its brand valuation to US$6.3 billion after the 11th edition, according to research conducted by the global valuation & corporate finance advisor the Duff & Phelps IPL brand Value has increase from US$5.3 billion to US$6.3 billion after the conclusion 2018 IPL.[67],[68] Duff & Phelps added that the value of brand IPL has jumped from $5.3 billion after the 2017 edition, against $4.16 billion after 2016 edition. The 19% jump is despite the fact that the US dollar to Indian rupee currency has depreciated by nearly 10%. According to managing director at Duff & Phelps India. "What IPL has achieved in this short time is phenomenal. Not just in India, but internationally also," IPL not only negotiated a tough pitch but also ultimately came out on top as a true winner. This IPL season has grabbed the eyeballs for all the right reasons with a relatively controversy free tournament, coupled with some scintillating on-field performances which have brought the spotlight back on the game."[69] According to MD of Duff & Phelps the deal with the Star India has put IPL on par with some of the biggest sporting leagues in the world (on a fee per match basis)," commented Varun Gupta, Managing Director, Duff & Phelps and Asia Pacific Leader for Valuation Services.

According to another independent report conducted by Brand Finance, a London-based company, after the conclusion of the 2017 Indian Premier League, the IPL has seen its business value grow by 37% to an all-time high of US$5.3 billion — crossing the five billion mark for the first time in a season. According to the director of the company: “Now in it’s 11th season, the Indian Premier League is here to stay. The league has delivered financially for the players, franchisees, sponsors and India as a whole, prompting a strong desire among a range of stakeholders to appropriately value it. To ensure continued development, management and team owners will have to explore innovative ways of engaging fans, clubs, and sponsors.[70]

Two of the most popular franchises of the IPL - Mumbai Indians with the brand value of $113 million, and Kolkata Knight Riders (KKR), with a brand value of $104 million are in the $100 million club. CSK which was powered by former India skipper MS Dhoni, was valued at $98.0 million along with present Indian Captain Virat Kohli Royal Challengers Bangalore (RCB). Sunrisers Hyderabad ($70 million), Delhi Daredevils ($52 million), Kings XI Punjab ($52 million) and Rajasthan Royals ($43 million) follow in the brand rankings.[71]

Team Brand Value in US$
Mumbai Indians 113 million
Kolkata Knight Riders 104 million
Chennai Super Kings 98 million
Royal Challengers Bangalore 98 million
Sunrisers Hyderabad 70 million
Delhi Capitals 52 million
Kings XI Punjab 52 million
Rajasthan Royals 43 million

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$1.026 billion. Sony would be responsible for domestic television, while WSG would handle international distribution.[72][73] 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.[74] However, in March 2010, IPL decided not to go public and list its shares.[75] 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 in Hindi, while SIX also aired broadcasts in the Bengali, Tamil, and Telugu languages. Sony ESPN broadcast English-language feeds.[76]

The IPL became a major television property within India; Sony MAX typically became the most-watched television channel in the country during the tournament,[77] and by 2016, annual advertising revenue surpassed ₹1,200 crore. Viewership numbers were expected to increase further during the 2016 season due to the industry adoption of the new BARC ratings system, which also calculates rural viewership rather than only urban markets.[78][76] In the 2016 season, Sony's broadcasts achieved just over 1 billion impressions (television viewership in thousands), jumping to 1.25 billion the following year.[77] Sony also broadcast a companion talk show, Extraaa Innings T20.[79]

On 4 September 2017, it was announced that the then-current digital rightsholder, Star India, had acquired the global media rights to the IPL under a five-year contract beginning in 2018. Valued at ₹163.475 billion (US$2.55 billion, £1.97 billion), it is a 158% increase over the previous deal, and the most expensive broadcast rights deal in the history of cricket. The IPL sold the rights in packages for domestic television, domestic digital, and international rights; although Sony held the highest bid for domestic television, and Facebook had made a US$600 million bid for domestic digital rights (which U.S. media interpreted as a sign that the social network was interested in pursuing professional sports rights),[80][81] Star was the only bidder out of the shortlist of 14 to make bids in all three categories.[82][83][84]

Star CEO Uday Shankar stated that the IPL was a "very powerful property", and that Star would "remain very committed to make sure that the growth of sports in this country continues to be driven by the power of cricket". He went on to say that "whoever puts in that money, they put in that money because they believe in the fans of the sport. The universe of cricket fans, it tells you, continues to very healthy, continues to grow. What was paid in 2008, that was 2008. India and cricket and IPL—all three have changed dramatically in the last 10 years. It is a reflection of that."[83][82][84] The deal led to concerns that Star India now held a monopoly on major cricket rights in the country, as it is also the rightsholder of ICC competitions and the Indian national team.[85]

For its inaugural season, Star aimed to put a larger focus on widening the IPL's appeal with a "core" cricket audience. The network aimed to broadcast at least two hours of IPL-related programming daily from January until the start of the season, having organized televised announcements of player retention selections and new team captains. Viewership of the player auction, which featured pre- and post-auction reactions and analysis, increased six-fold to 46.5 million. In March, Star Sports broadcast Game Plan: In Your City specials from the home city of each of the IPL's franchises. Star Sports stated that its in-season coverage and studio programming would focus more on the game itself and behind-the-scenes coverage of the IPL's teams, rather than trying to incorporate irrelevant entertainment elements. The network introduced a new studio program known as The Dugout, which broadcasts coverage of matches with analysis from a panel of experts.[86]

International broadcasters

Territory Network
Afghanistan Lemar TV (2017-2018 Ariana 2019)
African Union Africa (Sub-Sahara) SuperSport (2008–present)[87]
 Australia Network Ten (2008)
One HD (2009–2010)
Fox Cricket (2018–present)[88]
 Bangladesh Maasranga (2014–2016)
Channel 9 (2016–present)[89]
 Bhutan Sony (2008–2017)[89]
Star Sports (2018–present)
 Brunei Astro (2008–present)[89]
 Canada Rogers Media (Sportsnet World, Sportsnet One, Omni Television) (2011–2014)
Ethnic Channels Group
CricketGateway[90]
Cricket West Indies Caribbean SportsMax (2008–present)[91]
 Hong Kong PCCW (2010–present)[89]
 India Sony (2008–2017)[91]
Star Sports (2018–present)
 Malaysia Astro (2008–present)[89]
Arab League Arab world OSN Sports (2015–2017)[89]
BeIN Sports (2018–present)[92]
   Nepal Sony (2008–2017)[89]
Star Sports (2018–present)
 New Zealand Sky Sport (2012–present)[89]
 Pakistan Geo Super (2008–2018)[89]
 Singapore StarHub (2008–2017)[89]
Singtel (2015–2017)[89]
YuppTV (2018)[89]
 Sri Lanka Sony (2008–2017)[91]
Star Sports (2018–present)
 United Kingdom ITV4 (2011–2014)[93]
Sky Sports (2015–2018)[94]
Star Gold (2019)[95]
BT Sport (2019)
 United States Willow (2017–present; cable/satellite)
TV Everywhere (only digital rights)[96]
Worldwide Internet Rights Times Internet (2011–2014)[97]
Hotstar (2015–present)[98]

IPL Governing Council

The IPL Governing Council is responsible for all the functions of the tournament. The members are Rajeev Shukla, Ajay Shirke, Sourav Ganguly, Anurag Thakur and Anirudh Chaudhary. In January 2016, the Supreme Court appointed Lodha Committee to recommend separate governing bodies for the Board of Control for Cricket in India (BCCI) and the Indian Premier League (IPL), where Justice RM Lodha suggested a One State-One Member pattern for the board.[99]

See also

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