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The Indian Premier League, created by the Board_of_Control_for_Cricket_in_India (BCCI) and sanctioned by the International Cricket Council, is a Twenty20 cricket competition.

BackgroundEdit

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.

The governing council consists of Chairman and Commissioner Lalit Modi, Sunil Gavaskar, MAK Pataudi and Ravi Shastri, Rajiv Shukla, Chirayu Amin, Inderjit Singh Bindra and Arun Jaitley.

Although it is going to be a franchise system, some foreign players have already been contracted by the BCCI to play in the IPL.

FixturesEdit

Each team will play the other 7 teams home and away, the top four teams at the end of the group stages will go through to the semi finals.[1]

Television Rights Edit

On January 14th, 2008, it was announced that a consortium consisting of India's Sony Television network and Singapore-based World Sports Group secured the rights of the Indian Premier League.[1] 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 telecast rights and US$108 million for the promotion of the tournament.[2]

The BCCI announced that the bulk of the proceeds from this deal would initially go to the IPL franchises themselves, gradually reducing this amount over the life of the contract.

Network Ten has bought the rights to show every game live in Australia on free-to-air television for the next five years at a cost of AU$10 - $15 million.[3]

Title Sponsorship Rights Edit

Indian real estate developer DLF Universal secured exclusive rights to the Indian Premier League title sponsorship worth INR 200 crore (over US$50 million) for five years.

Franchises Edit

The magnitude of the Indian Premier League was confirmed when the winning bidders for the eight franchises were announced on January 24, 2008.[4] While the total base price for auction was US$400 million, the auction fetched US$723.59 million.[5] The official list of franchise owners announced and the winning bids were as follows.

Franchise Owner(s) Price (USD)
Bangalore
Royal Challengers
Vijay Mallya / UB group $111.6 million
Chennai
Super Kings
India Cements / N Srinivasan $91 million
Delhi
DareDevils
GMR group $84 million
Hyderabad
Deccan Chargers
Deccan Chronicle $107 million
Jaipur
Rajasthan Royals
Emerging Media (Manoj Badale, Lachlan Murdoch, Suresh Chellaram and investors) $67 million

Kolkata

Knight Riders

Shah Rukh Khan's Red Chillies Entertainment in partnership with Juhi Chawla Mehta and Jay Mehta $75.09 million

Mohali

Kings XI Punjab

Preity Zinta, Ness Wadia (Bombay Dyeing), Karan Paul (Apeejay Surendera Group) and Dabur's Mohit Burman $76 million

Mumbai

Indians

Mukesh Ambani's Reliance Industries Limited

$111.9 million

Pune

Warriors India

Player signingsEdit

The official list of Players bids were as follows.

Franchise Player Age Country Cost (USD)
Bangalore Royal Challengers Rahul Dravid Captain 35Template:Flagicon India $1,035,000
Jacques Kallis 32Template:Flagicon South Africa $900,000
Anil Kumble 37Template:Flagicon India $500,000
Cameron White 24Template:Flagicon Australia $500,000
Zaheer Khan 29Template:Flagicon India $450,000
Mark Boucher 31Template:Flagicon South Africa $450,000
Nathan Bracken 30Template:Flagicon Australia $325,000
Dale Steyn 24Template:Flagicon South Africa $325,000
Shivnarine Chanderpaul 33Template:Flagicon West Indies $200,000
Wasim Jaffer 30Template:Flagicon India $150,000
Total purchase price $4,835,000
Chennai Super Kings Mahendra Singh Dhoni 26Template:Flagicon Captain India $1,500,000
Jacob Oram 28Template:Flagicon New Zealand $675,000
Suresh Raina 21Template:Flagicon India $650,000
Albie Morkel 28Template:Flagicon South Africa $675,000
Muttiah Muralitharan 35Template:Flagicon Sri Lanka $600,000
Matthew Hayden 36Template:Flagicon Australia $375,000
Michael Hussey 32 Template:Flagicon Australia $350,000
Stephen Fleming 35Template:Flagicon New Zealand $350,000
Parthiv Patel 22Template:Flagicon India $325,000
Joginder Sharma 24Template:Flagicon India $225,000
Makhaya Ntini 30 Template:Flagicon South Africa $200,000
Total purchase price $5,925,000
Delhi DareDevils Virender Sehwag Captain 29Template:Flagicon India $833,750
Gautam Gambhir 26Template:Flagicon India $725,000
Manoj Tiwary 22Template:Flagicon India $675,000
Mohammad Asif 25Template:Flagicon Pakistan $650,000
Daniel Vettori 29Template:Flagicon New Zealand $625,000
Dinesh Karthik 22Template:Flagicon India $525,000
Shoaib Malik 26Template:Flagicon Pakistan $500,000
Glenn McGrath 38Template:Flagicon Australia $350,000
AB de Villiers 24Template:Flagicon South Africa $300,000
Tillakaratne Dilshan 31Template:Flagicon Sri Lanka $250,000
Farveez Maharoof 23Template:Flagicon Sri Lanka $225,000
Total purchase price $5,572,500
Hyderabad
Deccan Chargers
Andrew Symonds 32Template:Flagicon Australia $1,350,000
R. P. Singh 22Template:Flagicon India $875,000
Rohit Sharma 20Template:Flagicon India $750,000
Adam Gilchrist 36Template:Flagicon Australia $700,000
Shahid Afridi 27Template:Flagicon Pakistan $675,000
Herschelle Gibbs 33Template:Flagicon South Africa $575,000
V. V. S. Laxman (Captain) 33Template:Flagicon India $375,000
Chaminda Vaas 34Template:Flagicon Sri Lanka $200,000
Scott Styris 32Template:Flagicon New Zealand $175,000
Nuwan Zoysa 30Template:Flagicon Sri Lanka $110,000
Chamara Silva 28Template:Flagicon Sri Lanka $100,000
Total purchase price $5,885,000
Rajasthan Royals Mohammad Kaif 27Template:Flagicon India $675,000
Yusuf Pathan 25Template:Flagicon India $475,000
Graeme Smith 27Template:Flagicon South Africa $475,000
Shane Warne 38Template:Flagicon Australia $450,000
Munaf Patel 24Template:Flagicon India $275,000
Younis Khan 32Template:Flagicon Pakistan $225,000
Justin Langer 38Template:Flagicon Australia $200,000
Kamran Akmal 26Template:Flagicon Pakistan $150,000
Total purchase price $2,925,000
rowspan="12"Knight Riders
[Coach: John Buchanan Template:Flagicon
Sourav Ganguly 35Template:Flagicon India $1,092,500
Ishant Sharma 19Template:Flagicon India $950,000
Chris Gayle 28Template:Flagicon West Indies $800,000
Brendon McCullum 26Template:Flagicon New Zealand $700,000
David Hussey 30Template:Flagicon Australia $625,000
Shoaib Akhtar 32Template:Flagicon Pakistan $425,000
Murali Kartik 31Template:Flagicon India $425,000
Ricky Ponting 33Template:Flagicon Australia $400,000
Ajit Agarkar 30Template:Flagicon India $330,000
Umar Gul 24Template:Flagicon Pakistan $150,000
Tatenda Taibu 24 Template:Flagicon Zimbabwe $125,000
Total purchase price $6,022,500
Punjab

Coach: Tom Moody Template:Flagicon
Yuvraj Singh 26Template:Flagicon India $1,063,750
Irfan Pathan 23Template:Flagicon India $925,000
Brett Lee 31Template:Flagicon Australia $900,000
Kumar Sangakkara 30Template:Flagicon Sri Lanka $700,000
Sreesanth 25Template:Flagicon India $625,000
Mahela Jayawardene 30Template:Flagicon Sri Lanka $475,000
Piyush Chawla 19Template:Flagicon India $400,000
Ramnaresh Sarwan 27Template:Flagicon West Indies $225,000
Simon Katich 32Template:Flagicon Australia $200,000
Ramesh Powar 30Template:Flagicon India $170,000
Total purchase price $5,683,750
Mumbai Indians Sachin Tendulkar 34Template:Flagicon India $1,121,250
Sanath Jayasuriya 38Template:Flagicon Sri Lanka $975,000
Harbhajan Singh 27Template:Flagicon India $850,000
Robin Uthappa 22Template:Flagicon India $800,000
Shaun Pollock 34Template:Flagicon South Africa $550,000
Lasith Malinga 24Template:Flagicon Sri Lanka $350,000
Loots Bosman 30Template:Flagicon South Africa $175,000
Dilhara Fernando 29Template:Flagicon Sri Lanka $150,000
Total purchase price $4,971,250

Denotes Icon Player who will be paid at least 15% more than the next highest earner within their respective franchise.

The players' auction was held on February 20. The IPL placed icon status on few marquee Indian players such as Rahul Dravid, Saurav Ganguly, Sachin Tendulkar,Yuvraj Singh and lastly Virender Sehwag. This ensures that these players will play only for their respective city sides--a strategy used to increase fan support and interest amongst locals.[6] Many players from the Australian National Team decided not to submit their names for consideration in the auction. This may have been a direct result of the events of the Sydney Test in the 2007/08 Border Gavaskar Trophy[7], or Cricket Australia's desire for global protection of their sponsors. No player currently contracted by the England Cricket Board submitted their name, as the tournament directly conflicts with the English National Team's winter schedule. From the 77 players, who had put their names for consideration, Mohammed Yousuf and Ashwell Prince were unsigned.

See AlsoEdit

Indian Cricket League


External linksEdit

ReferencesEdit

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