Indian Premier League

The Indian Premier League(IPL), created by the Board of Control for Cricket in India (BCCI and sanctioned by the International Cricket Council, is a Twenty20 cricket competition.
The league is scheduled to start in April 2008 and will last for 44 days, involving 59 matches. The prize money for the league will be around Rs 13 crore (US $3million).
Each team will have a pool of 16 players, with a maximum of eight foreign players and a minimum of four under-22 players. Additionally, at least four players must be from the catchment area where the team is based.IPL:Billion Dollar BabyIf you thought cricket was big, wait for this. The IPL promises to be bigger than anything India has ever seen. We give the inside-out of this billion-dollar baby…
What is the Indian Premier League?
The Board of Control for Cricket in India (BCCI) launched the Indian Premier League (IPL) on September 14, 2007. Based on the lines of the English Premier League (EPL) and the National Basketball League (NBA), the IPL is said to be the brainchild of BCCI vice-president Lalit Modi. The idea was first floated in 1996 but was shot down as the board felt it would go against the zonal system of domestic cricket. The project moved into top gear when the Zee group launched a rival Indian Cricket League on similar lines in April 2007.
Who are the franchisees?
The franchisees will own the eight teams in the fray. They can run them in their own styles, bring their own sponsors and even name the team according to their choice. They will even be free to list their teams on the stock exchange.
How is it different from the football and hockey leagues in India?
The IPL, in a way, is not very different in its format vis-a-vis the PHL or the I-League in football. It is, however, totally different in its concept as the teams have been offered to franchisees (individuals or corporates) through a bidding process that culminated on Thursday. The BCCI has already signed up 80 international players who will also be put for auction soon.
When will the IPL matches be played and where?
Under lights, on a home and away basis, in the cities that have formed the teams. The league opens on April 18 and will see 59 matches spread over 44 days
What kind of money is involved in IPL?
The overall prize money will be US $5 million, with the winners taking home $2 million. The remaining will be up for grabs in different forms, like man of the match awards and cash prizes. By contrast, the winners of the 2007 ICC World Cup in the Caribbean took home $1 million; the Indian team that won the World Twenty20 got half of that. TV rights have already gone for over $1 billion. Franchisees have already committed close to US $723 million. Top players are expected to earn minimum 1-2 crores per season.
What is already in place for IPL?
With the league scheduled for April 2008, the IPL has so far sold the eight teams to corporate houses and signed leading players. Indian stars like Sachin Tendulkar and Sourav Ganguly will be called “icon players” and can play only for their respective cities. They will be the highest paid players and will not be auctioned. The bidding will take place next month.
Who owns the IPL TV rights?
Sony Entertainment, a division of Japan’s Sony Corp, and the Asia-based World Sports Group (WSG) won the broadcast rights for ten years, worth more than a whopping US $1 billion. TV rights are worth $918 million, with $100 million set aside for promotion.Who will run the IPL?
BCCI has formed an IPL council that comprises former BCCI president IS Bindra, vice-presidents Rajiv Shukla, Chirayu Amin, Lalit Modi and Arun Jaitley, and former cricketers Mansur Ali Khan Pataudi, Sunil Gavaskar and Ravi Shastri. While the BCCI officials are honorary members, Pataudi, Gavaskar and Shastri will be paid for their services. The IPL governing council will have a five-year term and will run, operate and manage the league independently of the BCCI.IPL Team OwnersThe Board of Control for Cricket in India has announced its much-awaited Indian Premier League (IPL) bid winners for the respective teams. GMR group has won the bid for Delhi team whereas UB group’s Vijay Mallya bagged the contract for Bangalore team. Ness Wadia takes control of Chandigarh team and Mukesh Ambani has been declared the bid winner for Mumbai team. Bollywood king, Shah Rukh Khan has been given charge for Kolkata team.
India cements hold the rights for Chennai team and Deccan Chronicle has Hyderabad. ‘Investors’ in cricket have been given rights for Jaipur team.
The following are the bid amounts and winners for various teams in the Indian Premier League:
Vijay Mallya won the bid for the Bangalore team for $111.6 million.
Shah Rukh Khan won the bid for the Kolkata team for $75.09 million.
GMR Holdings won the bid for the Delhi team for $84 million.
Mukesh Ambani won the bid for the Mumbai team for $111.9 million.
India Cements won the bid for the Chennai team for $91 million.
Deccan Chronicle won the bid for the Hyderabad team for $107.01 million.
Emerging Media won the bid for the Jaipur team for $67 million.
Ness Wadia and Priety Zinta won the bid for the Mohali team for $76 million, reportedly.
The auction includes players’ contracts and team franchisee.
According to the IPL tender document, the franchisee revenue is divided into two sections. The first is centralised revenue under which falls the title sponsorship, media right and official umpires’ sponsorships.
The second is franchisee revenue which primarily deals with team naming rights, team shirt sponsorship and ticketing revenues. Based on the calculations of the media rights, some of the bidders have reached the conclusion on Wednesday evening that earnings from the sale of different rights are not going to exceed more than $8 million (Rs 320 crore).
“It is natural for any business to break even in a couple of years. IPL is a big venture and it’s certainly going to do wonder to the world of cricket,” a top IPL official told TOI on Wednesday. If that happens, Indian cricket will surely benefit from the 10-year event on and off the field.
In the inaugural Indian Premier League (IPL) which starts from April 18, BCCI has decided to pay them and some other senior cricketers 10-15% more money than the highest auctioned player of the Twenty20 event.
Sources said BCCI has shortlisted five cricketers - Sachin Tendulkar, Sourav Ganguly, Rahul Dravid, MS Dhoni and Yuvraj Singh - who will be called “icon players” and will be the highest paid players in the league. They will not be auctioned if they have a city team.
IPL chairman Lalit Modi confirmed, “This is one of the BCCI suggestions and it awaits the nod of the IPL board. The player bids will take place next month.”
A top BCCI official added that regular members of the Indian team will probably make Rs 1.2 crore to Rs 2 crore from the 44-day event, with the icon players getting the highest amount.
The Future Group too made a late entry. And other bidders included DLF, Private Equity Fund and Videocon.
Teams & Players
Team Name: Chennai Super Kings
Captain: Mahendra Singh Dhoni
Coach: Kepler Wessels, South Africa
Owner: Indian Cements
PlayerName--Price Tags
Mahendra Singh Dhoni, India--$1.5m
Muttiah Muralitharan, Srilanka--$600,000
Matthew Hayden, Australia--$375,000
Jacob Oram, New Zealand--$675,000
Stephen Fleming, New Zealand --$350,000
Parthiv Patel, India --$325,000
Joginder Sharma India--$225,000
Albie Morkel, South Africa --$675,000
Suresh Raina, India--$650,000
Makhaya Ntini, South Africa--$200,000
Michael Hussey, Australia--$350,000
Shadab Jakati, India-- ----
Sudeep Tyagi, India-- ----
R. Ashwin, India-- ----
Srikkanth Anirudha, India-- ----
S. Badrinath, India-- ----
Napoleon Einstein, India U-19--$30,000
Abhinav Mukund, India U-19--$30,000
Viraj Kadbe, India U-19--$30,000
Team Name: Deccan Chargers
Captain: Adam Gilchrist
Coach: Robin Singh
Owner: Deccan Chronicle
PlayerName--Price Tags
Adam Gilchrist, Australia--$700,000
Andrew Symonds, Australia--$1.35m
Herschelle Gibbs, South Africa--$575,000
Shahid Afridi, Pakistan--$675,000
Scott Styris, New Zeland--$175,000
VVS Laxman, India--$375,000
Rohit Sharma, India--$750,000
Chamara Silva, Srilanka--$100,000
Rudra Pratap Singh, India--$875,000
Chaminda Vaas, Srilanka--$200,000
Nuwan Zoysa, Srilanka--$110,000
Sanjay Bangar, India-- ----
Venugopal Rao, India-- ----
N. Arjun Yadav, India-- ----
D. Ravi Teja, India-- ----
Pragyan Ojha, India-- ----
D. Kalyankrishna, India-- ----
P. Vijay Kumar, India-- ----
M. Sarveesh, India-- ----
Halahar Das, India-- ----
Team Name: Mumbai Indians
Captain: Sachin Tendulkar
Coach:
Owner: Mukesh Ambani, Reliance
Player Name--Price Tags
Sachin Tendulkar, India--Icon Player
Sanath Jayasuriya, Srilanka--$975,000
Harbhajan Singh, India--$850,000
Shaun Pollock, South Africa--$550,000
Robin Uthappa, India--$800,000
Lasith Malinga, Srilanka--$350,000
Dilhara Fernando, Srilanka--$150,000
Loots Bosman--$175,000
Ashwell Prince, South africa--$175,000
Saurabh Tiwary, India U-19--$30,000
Manish Pandey, India U-19--$30,000
Pinal Shah, India-- ----
Abhishek Nayar, India-- ----
Ajinkya Rahane, India-- ----
Yogesh Takawale, India-- ----
Team Name: Banglore Royal Challengers
Captain: Rahul Dravid
Coach: Venkatesh Prasad
Owner: Vijay Malya
Player Name --Price Tags
Rahul Dravid, India--Icon player
Anil Kumble, India--$500,000
Jacques Kallis, South Africa--$900,000
Zaheer Khan, India--$450,000
Mark Boucher, South Africa--$450,000
Cameron White--$500,000
Wasim Jaffer, India--$150,000
Dale Steyn--$325,000
N Bracken, Australia--$325,000
Shivnaraine Chanderpaul, West Indies--$200,000
Misbah ul Haq, Pakistan--$125,000
Abdur Razzak, Bangladesh--$50,000
Virat Kohli, India U-19--$30,000
Shreevats Goswami, India U-19--$30,000
Ross Taylor, New Zeland--$100,000
Sunil Joshi, India-- ----
Balachandra Akhil, India-- ----
R. Vinay Kumar, India-- ----
Bharat Chipli, India-- ----
J. Arun Kumar, India-- ----
K.P. Appanna, India-- ----
Devraj Patil, India-- ----
Team Name: Kolkata Knight Riders
Captain: Sourav Ganguly
Coach: John Buchanan
Owner: Sharukh Khan, Red Chillies
Player Name --Price Tags
Sourav Ganguly, India--Icon Player
Shoaib Akhtar, Pakistan--$425,000
Ricky Ponting, Australia--$400,000
B McCullum, New Zeland--$700,000
Chris Gayle, West Indies--$800,000
Ajit Agarkar, India--$330,000
D Hussey, Australia--$675,000
Ishanth Sharma, India--$950,000
Murali Kartik, India--$425,000
Umar Gul, Pakistan--$50,000
T Taibu, Zimbabwe--$125,000
Salman Butt, Pakistan--$100,000
Mohammad Hafeez, Pakistan--$100,000
Siddarth Kaul, India--$30,000
Iqbal Abdulla, India--$30,000
Team Name: Mohali
Captain: Yuvraj Singh
Coach:
Owner: Ness Wadia & Priety Zinta
Player Name --Price Tags
Yuvraj Singh, India--Icon Player
Irfan Pathan, India-- ----
Mahela Jayawardene, Srilanka--$475,000
Kumar Sangakkara, Srilanka--$700,000
Brett Lee, Australia--$900,000
Shanthakumaran Sreesanth, India--$625,000
Ramesh Powar, India--$170,000
Piyush Chawla, India--$400,000
Simon Katich, Australia--$200,000
Ramnaresh Sarwan, West Indies--$225,000
James Hopes, Australia--$300,000
Luke Pomersbach, Australia--$50,000
Tanmay Srivastava, India U-19--$30,000
Ajitesh Argal, India U-19--$30,000
Kyle Mills, New Zeland--$150,000
V.R.V. Singh, India-- ----
Karan Goel, India-- ----
Uday Kaul, India-- ----
Team Name: Delhi Daredevils
Captain: Virender Sehwag
Coach:
Owner: GMR
Player Name --Price Tags
Virender Sehwag , India--Icon Player
Daniel Vettori, New Zeland--$625,000
Shoaib Malik, Pakistan--$500,000
Mohammad Asif, Pakistan--$650,000
AB de Villiers, South Arica--$300,000
Dinesh Karthik, India--$525,000
Farveez Maharoof, Srilanka--$225,000
Tillekaratne Dilshan, Srilanka--$250,000
Manoj Tiwari, India--$675,000
Gautam Gambhir, India--$725,000
Glenn McGrath, Australia--$350,000
Pradeep Sangwan, India U-19--$30,000
Brett Geeves, Tasmania--$50,000
Yo Mahesh, India-- ----
Shikhar Dhawan, India-- ----
Mithun Manhas, India-- ----
Rajat Bhatia, India-- ----
Mayank Tehlan, India-- ----
Team Name: Jaipur Rajasthan Royals
Captain: Shane Warne
Coach: ShaneWarne
Owner: Emerging Media
Player Name-- Price Tags
Shane Warne, Australia --$450,000
Graeme Smith, South Africa--$475,000
Younis Khan, Pakistan --$225,000
Kamran Akmal, Pakistan--$150,000
Yusuf Pathan, India--$475,000
Md. Kaif, India--$675,000
Munaf Patel, India--$275,000
Justin Langer, Australia--$200,000
Dimitri Mascarenhas, England--100,000
Morne Morkel, South Africa--$60,000
Shane Watson, Australia--$125,000
Sohail Tanveer, Pakistan--$100,000
Taruwar Kohli, India U-19--$30,000
Ravindra Jadeja, India U-19--$30,000
Pankaj Singh, India-- ----
Anup Revandkar, India-- ----
Dinesh Salunkhe, India-- ----
IPL Season1 was great successful event of the year. and all know Rjasthan Royals Won the series.