Indian Premier League Teams and Prices

The Indian Premier League (IPL) is a professional men’s Twenty20 cricket league, contested by ten teams based out of ten Indian cities. The league was founded by the Board of Control for Cricket in India (BCCI) in 2007. The IPL is the most-attended cricket league within the world and 2014 was hierarchic sixth by average group action among all sports leagues. In 2010, the IPL became the primary sporting event within the world to be broadcast survive YouTube. The complete price of the IPL in 2019 was ₹47,500 large integer (US$6.3 billion), in step with pudding & Phelps. in step with BCCI, the 2015 IPL season contributed ₹1,150 crores (US$150 million) to the GDP of the Indian economy. The 2020 IPL season set a colossal viewership record with thirty one.57 million average impressions ANd with an overall consumption increase of 23 % from the 2019 season.

There are fourteen seasons of the IPL tournament. the present IPL title holders square measure the Chennai Super Kings, winning the 2021 season. The venue for the 2020 season was affected thanks to the COVID-19 pandemic and games were competing within the United Arab Emirates.

History

Background

The Indian Cricket League (ICL) was supported in 2007, with funding provided by alphabetic character recreation Enterprises. The ICL wasn’t recognized by the BCCI or the independent agency and BCCI weren’t happy with its committee members connexion the ICL govt board. to stop players from connexion the ICL, the BCCI accrued the prize in their domestic tournaments and additionally obligatory life bans on players connexion the ICL, that was thought-about a rebel league by the board.

BCCI declared a franchise-based Twenty20 cricket competition referred to as the Indian Premier League. the primary season was slated to begin in Apr 2008, in a very “high-profile ceremony” in the Indian capital. BCCI vice-president Lalit Modi, World Health Organization spearheaded the IPL effort, spelt out the small print of the tournament together with its format, the prize, franchise revenue system, and squad composition rules. it had been additionally disclosed that the IPL would be passed by a seven-man governing council composed of former Asian country players and BCCI officers which the highest 2 groups of the IPL would qualify for that year’s Champions League Twenty20. Modi additionally processed that they had been engaged on the thought for 2 years which the IPL wasn’t started as a “knee-jerk reaction” to the ICL. The league’s format was kind of like that of the Premier League of England and therefore the NBA within the U.S.

To decide the homeowners for the new league, the associate auction stayed twenty-four Jan 2008 with the entire base costs of the franchise’s cost accounting for around $400 million. the winning bidders were declared, still because the cities the groups would be based mostly in the city, Chennai, Delhi, Hyderabad, Jaipur, Kolkata, Mohali, and Mumbai. In the end, the franchises were all sold-out for a complete of $723.59 million. The Indian Cricket League presently folded in 2008.

Organizations

Tournament format

Currently, with eight teams, every team plays the opposite double during home and away round-robin format within the league part. once the league stage, the highest four groups can qualify for the playoffs. the highest 2 groups from the league part can play against one another within the 1st Qualifying match, with the winner going straight to the IPL final and therefore the loser obtaining another likelihood to qualify for the IPL final by enjoying the second Qualifying match. Meanwhile, the third Associate in Nursingd fourth place groups from the league part play against one another in an agent match, and therefore the winner from that match can play the loser from the primary Qualifying match. The winner of the second Qualifying match can move onto the ultimate to play the winner of the primary Qualifying match within the IPL Final match, wherever the winner is going to be topped the Indian Premier League champions.

Player acquisition, squad composition, and salaries

A team will acquire players through any of the 3 ways: the annual player auction, commercialism players with different groups throughout the commercialism windows, and language replacements for unavailable players. Players sign on for the auction and additionally set their base value, and square measure bought by the franchise that bids the best for them. unsold players at the auction square measure eligible to be signed up as replacement signings. within the commercialism windows, a player will solely be listed together with his consent, with the franchise paying the distinction if any between the previous and new contracts. If the new contract is valued over the older one, the distinction is shared between the player and therefore the franchise mercantilism the player. There square measure typically 3 commercialism windows—two before the auction and one when the auction however before the beginning of the tournament. Players can’t be listed outside the commercialism windows or throughout the tournament, whereas replacements are signed before or throughout the tournament.

Some of the team composition rules (as of 2020 season) square measure as follows:

The squad strength should be between eighteen and twenty-five players, with most of eight overseas players.

A remuneration cap of the whole squad should not exceed ₹850 million (US$11 million). Under-19 players can’t be picked unless they need antecedently content superior or List A cricket.

A team will play most of four overseas players in their taking part in eleven.

Match Rules

IPL utilises tv timeouts and thence there’s no limit during which groups should complete their innings. However, a penalty is also obligatory if the umpires notice groups misusing this privilege. every team is given a 2:30 minute “strategic timeout” throughout every innings, one should be taken by the bowling team between the ends of the sixth and ninth overs, and one by the batting team between the ends of the thirteenth and sixteenth overs.

since the 2018 season, the Umpire call Review System is being employed in all told IPL matches, permitting every team one probability to review associate on-field umpire’s call per innings.

Prize Money

The 2019 season of the IPL offered a complete award million (equivalent to ₹530 million or US$7.0 million in 2020), with the winning team netting ₹200 million (equivalent to ₹210 million or US$2.8 million in 2020). the primary and second runners up received ₹125 million (US$1.7 million) and ₹87.5 million (US$1.2 million), severally, with the fourth-placed team additionally winning ₹87.5 million (US$1.2 million). the opposite groups aren’t awarded any award. The IPL rules mandate that 1/2 the award should be distributed among the players.

Teams

Current Teams

Tournament seasons and Results

Awards

Orange Cap

The Orange Cap is awarded to the highest run-scorer within the IPL throughout a season. it’s Associate in Nursing current competition with the leader carrying the cap throughout the tournament till the ultimate game, with the ultimate winner keeping the cap for the season. Latest winner – Ruturaj Gaikwad – 635 Runs (2021)

Purple Cap

The Purple Cap is awarded to the highest wicket-taker within the IPL throughout a season. it’s Associate in Nursing current competition with the leader carrying the cap throughout the tournament till the ultimate game, with the ultimate winner keeping the cap for the season. Latest winner – Harshal Patel – 32 wickets (2021).

Most Valuable Player

The award was referred to as the “man of the tournament” until the 2012 season. The IPL introduced the foremost Valuable Player scoring system in 2013, the leader of which might be named the “Most Valuable Player” at the tip of the season. The latest winner – is Harshal Patel (2021).

Fairplay Award

The honest Play Award is given once every season to the team with the most effective record of honest play. The winner is determined on the premise of the points the umpires offer to the groups. The latest winner – is Rajasthan Royals (2021).

Emerging Player Award

The award was given for the “best under-19 player” in 2008 and “best under-23 player” in 2009 and 2010, being referred to as “Under-23 Success of the Tournament”. In 2011 and 2012, the award was called “Rising Star of the Year”, while, in 2013, it had been referred to as “Best Young Player of the Season”. Since 2014, the award has been referred to as the rising Player of the Year. In 2016, Mustafizur Rahman of East Pakistan was the primary and solely foreign player until a date to win the rising Player of the Year award. Latest winner – Ruturaj Gaikwad (2021).

Most Sixes Award

The Maximum Sixes Award, presently called Unacademy Let’s Crack It Sixes Award for support reasons, is given to the hitter United Nations agency hits the foremost sixes in an exceedingly season of the IPL. Latest winner – KL Rahul – 30 sixes (2021).

Financials

Title Sponsorship

Brand Value

IPL Governing Council

The IPL Governing Council is accountable for all the functions of the tournament. The members are:

• Brijesh Patel – Chairman
• Jay Shah – Honorary Secretary
• Arun Singh Dhumal – Honorary Treasurer
• M Khairul Jamal Majumdar – Member
• Pragyan Ojha – ICA representative
• Alka Rehani Bhardwaj – CAG Nominee

Sponsorship

The IPL faced serious criticism for holding Chinese sponsors for the 2020 IPL season, even amidst involves boycotting Chinese merchandise, and even whereas the 2020 China–India skirmishes were still occurring. Omar Abdullah and Randeep Singh Surjewala each criticized the BCCI/IPL Governing Council’s call to retain the Chinese sponsors. Swadeshi Jagran Manch, an affiliate of Rashtriya Swayamsevak Sangh (RSS), same that the 2020 IPL mustn’t feature the Chinese company.