The Indian Premier League (IPL) is a professional league for Twenty20 cricket championship in India. It was initiated by the Board of Control for Cricket in India (BCCI), headquartered in Mumbai,and is supervised by BCCI Vice President Rajeev Shukla,who serves as the league's Chairman and Commissioner. It is currently contested by nine teams, consisting of players from around the world. It was started after an altercation between the BCCI and the Indian Cricket League.
IPL is the inspiration for various international T20 leagues including Friends Life t20 (England), MiWay T20 Challenge (South Africa) , Big Bash League (Australia), Bangladesh Premier League (Bangladesh).
In 2010, IPL became the first sporting event ever to be broadcast live on YouTube in association with Indiatimes. Its brand value is estimated to be around $3.67 billion in fourth season. According to the Annual Review of Global Sports Salaries by sporting intelligence.com, IPL is the second highest-paid league, based on first-team salaries on a pro rata basis, second only to the NBA. It is estimated that the average salary of an IPL player over a year would be $3.95 million.
The inaugural season of the tournament started on 18 April 2008 and lasted for 46 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 last ball thriller and emerged as the inaugural IPL champions.
The 2009 season coincided with the General Elections in India. Owing to concerns regarding players' security, the venue was shifted to South Africa. The format of the tournament remained same as the inaugural one. Hyderabad Deccan Chargers, who finished last in the first season,were big underdogs, but came out as eventual winners defeating the Royal Challengers Bangalore in the final. Hyderabad Deccan set a target of 144 with the help of Gibbs(53) and defended it.
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, Hyderabad Deccan Chargers did not play at their preferred home location of Hyderabad, India due to the ongoing 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 Hyderabad Deccan Chargers in the second semi-final. The final was played between Chennai Super Kings and Mumbai Indians. Chennai Super Kings won by a margin of 22 runs.
The inaugural season of the tournament started on 18 April 2008 and lasted for 46 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 last ball thriller and emerged as the inaugural IPL champions.
The 2009 season coincided with the General Elections in India. Owing to concerns regarding players' security, the venue was shifted to South Africa. The format of the tournament remained same as the inaugural one. Hyderabad Deccan Chargers, who finished last in the first season,were big underdogs, but came out as eventual winners defeating the Royal Challengers Bangalore in the final. Hyderabad Deccan set a target of 144 with the help of Gibbs(53) and defended it.
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, Hyderabad Deccan Chargers did not play at their preferred home location of Hyderabad, India due to the ongoing 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 Hyderabad Deccan Chargers in the second semi-final. The final was played between Chennai Super Kings and Mumbai Indians. Chennai Super Kings won by a margin of 22 runs.
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