Indian Premier League
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Indian Premier League | |
---|---|
Countries | India |
Administrator | BCCI |
Format | Twenty20 |
First tournament | 2008 |
Next tournament | 2013 |
Tournament format | Double round-robin and playoffs |
Number of teams | 9 |
Current champion | Kolkata Knight Riders (1st Title) |
Most successful | Chennai Super Kings (2 Titles) |
Qualification | Champions League Twenty20 |
Most runs | Suresh Raina(2254,Chennai Super Kings)[1] |
Most wickets | Lasith Malinga (83, Mumbai Indians)[2] |
Website | iplt20.com |
2013 Indian Premier League |
In 2010, IPL became the first sporting event ever to be broadcast live on YouTube.[7] Its brand value is estimated to be around US$2.99 billion in fifth 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.[9][10]
The Premier League is generally considered to be the world's showcase for Twenty20 cricket, a shorter format of cricket consisting only 20 overs. Top Indian and international players take part in IPL, contributing to what is the world's "richest cricket tournament".[11]
In 2012 the naming rights for the series was awarded to Pepsi.[12] Two eligible bids were received, with Pepsi winning over Airtel with a bid of 396.8 crore.[13]
History
First season
Main article: 2008 Indian Premier League
The inaugural season of the tournament started on 18 April 2008 and
lasted for 43 days with 59 matches scheduled, out of which 58 took place
and 1 was washed out due to rain. The final was played in DY Patil Stadium, Nerul, Navi Mumbai. Every team played each other both at home and away in a round-robin system. The top four ranking sides progressed to the knockout stage of semi-finals followed by a final. Rajasthan Royals defeated Chennai Super Kings in a thriller and emerged as the inaugural IPL champions.[14]Second season
Main article: 2009 Indian Premier League
The 2009 Indian Premier League season, abbreviated as IPL 2 or the
2009 IPL, was the second season of the Indian Premier League. The
tournament was hosted by South Africa as there was terrorism in India
after the 2008 Mumbai Attacks
and was played for 37 days from 18 April to 24 May 2009. IPL 2 was
forecast to have an estimated television audience of more than 200
million people in India alone. The top four ranking sides progressed to
the knockout stage of semi-finals followed by a final. Deccan Chargers defeated Bangalore Royal Challengers in a thriller and emerged as the second IPL.Third season
Main articles: 2010 Indian Premier League and List of 2010 Indian Premier League personnel changes
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, Deccan Chargers did not play at their preferred home location of Hyderabad, India due to the 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 Deccan Chargers in the second semi-final. The final was played between Mumbai Indians and Chennai Super Kings. Chennai Super Kings won by a margin of 22 runs.Fourth season
Main articles: 2011 Indian Premier League and List of 2011 Indian Premier League personnel changes
On 21 March 2010, it was announced in Chennai that two new teams from Pune and Kochi
will be added to the IPL for the fourth season. However, the bid around
the kochi franchisee turned controversial resulting in the resignation
of minister, Shashi Tharoor
from the Central Government and investigations by various departments
of the Government of India into the financial dealings of IPL and the
other existing franchisees. Later, Lalit Modi
was also removed from IPL chairmanship by BCCI. On 5 December 2010, it
was confirmed that Kochi will take part in the fourth season of IPL.[15]The addition of teams representing Sahara Pune Warriors India and the Kochi Tuskers 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.[16] 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.[17] Two months later both teams were finally allowed to take part in the 2011 edition after a court ruling.[18]
Chennai Super Kings won their second consecutive title after defeating the Royal Challengers Bangalore by 58 runs in the final.[19] This is the first time a franchise has won two titles. The top four teams qualified for the 2011 Champions League Twenty20, which the Chennai Super Kings won.
Fifth season
Main articles: 2012 Indian Premier League and List of 2012 Indian Premier League personnel changes
The fifth season featured nine teams after the termination of the
Kochi franchise and the players auction was held on 4 February 2012. The
season saw an increase in the allowed maximum number of players in each
squad from 30 to 33. The season of 76 matches began and ended in Chennai, Tamil Nadu with the opening match on 4 April and the final on 27 May.[20] The Delhi Daredevils, Kolkata Knight Riders, Mumbai Indians and Chennai Super Kings qualified for the playoffs. The final of the season was played at the Chidambaram 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 Manoj Tiwary and Shakib Al Hasan with 5 wickets and 2 balls to spare,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.[21][22] 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.[23] The fifth season is often considered as the most controversial Indian Premier League organized.[24]
Sixth Season
Main articles: 2013 Indian Premier League and List of 2013 Indian Premier League personnel changes
The sixth season opened in February 3, 2013 with the auction for players and it was brodcasted on Sony Six. 108 players were on offer but only 37 players were sold for US$ 11.87 million. The Australian all rounder Glenn Maxwell was the only million dollar buy. Deccan Chargers were ousted from the league almost five-months ago. Instead, Sunrisers Hyderabad
will play from the 2013 season onwards on behalf of them as they have
almost all the players from the Deccan's 2012 team. The tournament will
run from 3 April to 26 May 2013 with Kolkata and Chennai hosting the playoffs. Kolkata's Eden Gardens will host the first match as well as the final as they were the champions of the 2012 season.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 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.[25] While the total base price for auction was US $400 million, the auction fetched US $723.59 million.[26]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.[27] The second franchise auction fetched total $703 million.
The rights to the Hyderabad franchise were awarded to the Sun TV Network in October, 2012.[28]
Rules
There are 5 ways that a franchise can acquire a player: In the annual auction, signing domestic players, signing uncapped players, through trading, and signing replacements.[29][30] 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.[31][32]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.
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
Team Performances
Current Teams
Team | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 |
---|---|---|---|---|---|---|
Chennai Super Kings | R | SF | W | W | R | |
Delhi Daredevils | SF | SF | GS | GS | SF | |
Kings XI Punjab | SF | GS | GS | GS | GS | |
Kolkata Knight Riders | GS | GS | GS | SF | W | |
Mumbai Indians | GS | GS | R | SF | SF | |
Rajasthan Royals | W | GS | GS | GS | GS | |
Royal Challengers Bangalore | GS | R | SF | R | GS | |
Pune Warriors India | N/A | N/A | N/A | GS | GS | |
Sunrisers Hyderabad | N/A | N/A | N/A | N/A | N/A |
Defunct Teams
Team | 2008 | 2009 | 2010 | 2011 | 2012 |
---|---|---|---|---|---|
Deccan Chargers | GS | W | SF | GS | GS |
Kochi Tuskers Kerala | N/A | N/A | N/A | GS | N/A |
- W = Winner; R = Runner ; SF = SemiFinalist; GS = Groupstage; N/A = Not Played
Statistics and records
Main article: List of Indian Premier League records and statistics
Winners (2008-09)
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 |
Winners (2010-Present)
Season | Winners | Runners-up | Third Place | Fourth Place | Teams | New Teams | Dissolved Teams |
---|---|---|---|---|---|---|---|
2010 | Chennai Super Kings | Mumbai Indians | Royal Challengers Bangalore | Deccan Chargers | 8 | N/A | N/A |
2011 | Chennai Super Kings | Royal Challengers Bangalore | Mumbai Indians | Kolkata Knight Riders | 10 | Kochi Tuskers Kerala & Pune Warriors India | N/A |
2012 | Kolkata Knight Riders | Chennai Super Kings | Delhi Daredevils | Mumbai Indians | 9 | N/A | Kochi Tuskers Kerala |
2013 | 9 | Sunrisers Hyderabad | Deccan Chargers |
Prize money
This section requires expansion. (May 2011) |
- Champions: 10 crore
- Runner-up: 7.5 crore
- Third place: 3.75 crore
- Fourth place: 3.75 crore
- No prize money for remaining teams
Television rights and sponsorships
The IPL is expected to bring the BCCI an 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$19 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.[34]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.[35] 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.[36] 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 paying 8,700 crore (US$1.6 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).[37]
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.[38]
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.[39] 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.[40]
Winning Bidder | Regional Broadcast Rights | Terms of Deal |
---|---|---|
Sony Entertainment Television/World Sport Group | India, Bangladesh, Bhutan, Nepal | 10 years, 2008–2017 at 8,700 crore (US$1.6 billion) (revised)[35] |
The Times Group | Worldwide | Global Rights to distribute on broadband, mobile and radio. 4 Years 2011–2014, Terms not released.[41] |
Channel 9 | Bangladesh | [42] |
GEO Super (2008–2010, 2012, 2013) | Pakistan | Contract extended to 2013.[43] |
Carlton Sports Network (2012–) Sri Lanka Rupavahini Corporation: Channel Eye (2008–2011) |
Sri Lanka | Terms not released. |
Seven Network (2013) One (2009–2010) Network Ten (2008) |
Australia: Free-to-air HD and SD television. Owned by Network TEN. | 5 years, 2008–2012 at A$10–15 million.[44] |
Sky Network Television (2008–2010, 2012–) | 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, Brunei | Terms not released. |
SuperSport | South Africa, Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Comoros, Ivory Coast, 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, Yemen
Broadcast rights on CricOne |
10 Years, 2008–2017 terms not released.[45] |
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, 2012, 2013) | United States | Rights to distribute on television, radio, broadband and Internet, for the IPL in North America. 5 years, 2008–2012, terms not released.[46] |
NEO Cricket (2011–) Dish Network (2008, 2011–) 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.[47]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.[48]
- DLF rescued the IPL sponsorship after completing their 5 yrs sponsoring.From 2013 the sponsor of IPL is Pepsi co. ltd.
Revenue and Profits
The UK-based brand consultancy, Brand Finance, has valued the IPL at $4.13 billion (Rs 18,998 crore) in 2010.[49] It was valued at US$2.01 billion in 2009 by the same consultancy.[50]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.[51] While The Times said that all but Kings XI Punjab made a profit.[52]
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.[53]
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.[54]
The franchises have been a part of this growth. The Mumbai Indians have a brand value of USD 79.13 million which places them at the top of the table. The Chennai Super Kings 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 | Mumbai Indians | $79.13 m |
2 | Chennai Super Kings | $75.58 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 |
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