INDIAN PREMIER LEAGUE(IPL)

Introduction:

                             Indian Premier League (ipl)...It is a professional league for Twenty20 cricket.First it was Stated in 2008. It was conducted in India..It is maintained by 

"LALITHMODI" .He is the chairman and ManagingDirector Of IPL.and also commissioner of BCCI(board of  control for  cricket in india).."RAJIVSHUKLA" he is vice president of IPL and also bcci....

              The Headoffice of (Ipl)is in mumbai.IPL became the first sporting event ever to be broadcast live on YouTube. Its brand value is estimated to be around US$2.99 billion in fifth season.However, the league has been engulfed by series of Controversies where allegations of cricket betting, money laundering and spot fixing were witnessed.

                       It is successfully running from 2008.it is sixth season..IPL is one of the biggest&Richest tournment in the world...In that Top Indianplayes and international cricketers to played in this league.

In IPL prize money is totally 25 crores..then it can be divided into

Champions: 10 Crore

Runner-up:    7.5Crore

Third   place: 3.75Crore

Fourth place:3.75Crore

Remaining teams they  have no prize money...

Franchise:

                        In IPL First season 8 teams are played in league...now its 9 teams are playing...

Totally 9 Franchises..they are

1.MUMBAI INDIANS(MI)

2.DELHIDAREDEVILS(DD)

3.CHENNAISUPERKINGS(CSK)

4.KINGS XI PUNJAC(KXIP)

5.RAJASTHANROYALS(RR)

6.ROYALCHALLENGERSOFBANGLORE(RCB)

7.KOLKATAKNIGTHRIDERS(KKR)

8.PUNEWARRIORS OF INDIA(PWI)

9.SUNRISERSHYDERABAD(SRH)....

OWNERS FOR FRANCHISES:

MUKESHAMBANI----------------------->(MUMBAI)--------------------------->(MI)

GMR GROUP------------------------------>(DELHI)-.-------------------------->(DD)

N.SRINIVASAN---------------------------->(CHENNAI)------------------------>(CSK)

PREITY ZINTA------------------------------>(MOHALI)----------------------->(KXIP)

SHILPASHETTY--------------------------->(JAIPUR)-------------------------->(RR)

VIJAY MALYA------------------------------->(BANGLORE)------------ ------->(RCB)

SHARUKHAN------------------------------->(KOLKATTA)--------------------->(KKR)

SUBRATAROY----------------------------->(PUNE)---------------------------->(PWI)

KALANIDHIMARAN----------------------->(HYDERABAD)-------------------->(SRH)

RULES:

                There are 5 ways that a franchise can acquire a player: In the annual auction, signing domestic players, signing uncapped players, through trading, and signing replacements. In the trading window, the player can only be traded with his consent. The franchise will have to pay the difference between the old contract price and the new contract price. If the new contract is worth more than the older one, then the difference will be shared between the player and the franchise selling the player

• Minimum Squad for Strength is 16 member plus witho physio.
• only 11 Foriegn players should be take..minimum 4 players shoul play in eleven.
• In each team 14 Indianplayers should be selected in each team.
• Minimum 6 players from U-22 for BCCI in each squad.
• IPL games utilize television timeouts, hence there is no time limit for teams to complete their innings.
• There is no time limit for teams to complete their innings. However, there may be a penalty if the umpires find teams misusing this privilege at their own choice. Additionally, each team is given a two-and-a-half minute "strategic timeout" during each innings; one must be taken by the bowling team between the 6th to 10th overs, and the batting team between the 11th to 16th overs.
• They Spending for Cap of First player mininum should be 5Crore. Under-22 players are to be remunerated with a minimum annual salary of US 20Lakhs.

TelevisionRigths:

                   On 17 January 2008 it was announced that a consortium consisting of India's Sony Entertainment Television network and Singapore-based World Sport Group secured the global broadcasting rights of the Indian Premier League.[36] 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 television broadcast rights and US $108 million for the promotion of the tournament.