Indian Premier League : Facts and Figures

Indian Premier League logoWhat is IPL ?

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.

When will it begin ?

The league is scheduled to start in April 2008 and will last for 44 days, involving 59 matches.

Prize money
The prize money for the league will be around Rs 13 crore (US $3million).

Team Composition
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.

Management
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.
Television rights

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.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.

Franchises, owners and price

  • Bangalore Royal Challengers Vijay Mallya / UB group $111.6 million
  • Chennai Super Kings India Cements $91 million
  • Delhi DareDevils GMR group $84 million
  • Hyderabad Deccan Chronicle $107 million
  • Jaipur Emerging Media (Manoj Badale, Lachlan Murdoch, Suresh Chellaram and investors) $67 million
  • Kolkata Shah Rukh Khan’s Red Chillies Entertainment in partnership with Juhi Chawla and Jay Mehta $75.09 million
  • Mohali Preity Zinta, Ness Wadia (Bombay Dyeing), Karan Paul (Apeejay Surendera Group) and Dabur’s Mohit Burman $76 million
  • Mumbai Mukesh Ambani’s Reliance Industries Limited $111.9 million

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Also read:Top player purchase at the Great IPL auction

Source:Wikipedia

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