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IPL Fever(2009)

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IPL Introduction:

The advent of Twenty20 cricket has led to the creation of Twenty20 leagues around the world, the richest of which is the Twenty20 IPL league in India.
The Chairman of the IPL is 42 year-old Lalit Modi, who has done a fantastic job in attracting huge investments from private companies for both media rights and sponsorship. It is rumored that players can earn around $600,000 for around 6 weeks work during the IPL series which starts in April.
A.Flintoff and K.Pietersen Of England were the costliest players for this season of IPL 2009.
(1.5 million U$D)
Big money involved
The sheer big money of the IPL is unprecedented at this level of cricket. The BCCI has already made close to US$ 1.75 billion solely from the sale of

  • TV rights ($908 million)
  • Promotion ($108 million) and
  • Franchises (approximately $700 million).
  • Players are expected to earn close to US$1 million for a three-year contract. It’s an entire cricket economy out there.

The process

The tournament is scheduled to begin on April 18, 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, of whom eight can be international and four from the Under-22 level or from the catchment area where the team is based.
The Governing Body

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.

Fixtures

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.

Format

8 teams
16 players in each squad.

Franchise owner and price paid

Bangalore – Vijay Mallya/UB group – USD 111.6 million (Captain-K.Pietersen):

The Bangalore Royal Challengers are coached by the fomer Indian fast-bowler Ventakesh Prasad. They have high-calibre players such as

  1. Kevin Pietersen
  2. Rahul Dravid
  3. Jessy Ryder
  4. Mark Boucher
  5. Anil Kumble
  6. Dale Steyn.

Chennai Super Kings – India Cements – USD 91 million(Captain-M.S.Dhoni):

Coached by New Zealand Former Captain S.Fleming and Kelper Wessels , again there are a multitude of superstars in this team. These include

  1. Mike Hussey
  2. MS Dhoni (capt)
  3. Matthew Hayden
  4. Stephen Fleming
  5. Jacob Oram
  6. Albie Morkel
  7. Murali.
Delhi DareDevils – GMR group – USD 84 million(Captain-V.Sehwag):

They are coached by another Australian Greg Shipperd.The Delhi Daredevils have some really exciting players like

  1. Virender Sehwag (capt)
  2. Gautam Gambhir
  3. Daniel Vettori
  4. Glenn McGrath
  5. AB de Villiers
Hyderabad – Deccan Chronicle – USD 107 million(Captain-A.Gilchrist):

They are Coached by Australian D.Lehman.The Deccan Chargers are full of stylish cricketers such as

  1. VVS Laxman
  2. Herschelle Gibbs
  3. Scott Styris
  4. Adam Gilchrist
  5. Andrew Symonds
  6. Chaminda Vaas

Jaipur – Emerging Media (Manoj Badale, Lachlan Murdoch, Suresh Chellaram and investors) – USD 67 million(Captain-S.Warne):
the Rajasthan Royals are coached and captained by the legendary Aussie leg spinner Shane Warne. Players in this franchise include

  1. Graeme Smith
  2. Morne Morkel
  3. Shane Watson
  4. Yusuf Pathan
Kolkata – Shah Rukh Khan’s Red Chillies Entertainment in partnership with Juhi Chawla and Jay Mehta – USD 75.09 million(Captain-B.McCullum):
They are coached by yet another Australian John Buchanan, the former Australian national coach.The Kolkata Knight Riders are blessed with talented players such as
  1. Sourav Ganguly
  2. Ajit Agarkar
  3. Chris Gayle
  4. Brad Hodge
  5. Brendon McCullum
  6. Ricky Ponting
  7. I.Sharma.
Mohali – Preity Zinta, Ness Wadia (Bombay Dyeing), Karan Paul (Apeejay Surendera Group) and Dabur’s Mohit Burman – USD 76 million(Captain-Y.Singh):

The coach is Australian Tom Moody.Some of the star players in the Kings Punjab XI team are the hard-hitting

  1. Yuvraj Singh (capt)
  2. Irfan Pathan
  3. Kumar Sangakkara
  4. Brett Lee
  5. James Hopes
  6. S.Sreesanth
Mumbai – Mumbai Mukesh Ambani’s Reliance Industries Limited – USD 111.9 million(Captain-S.Tendulkar):

They are coached by Indian Lalchand Rajput and S.Pollock.Some of the stars turning out for the Mumbai Indians include

  1. Sachin Tendulakar (capt)
  2. Harbhajan Singh
  3. Sanath Jayasuriya
  4. Shaun Pollock
  5. Z.Khan
  6. L.Malinga

Title Sponsorship Rights
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.

This is the Official IPL Trophy. Guess Who is Going to Hold it this year…

Stay Tuned for Daily Updates Of The Worlds Costliest even IPL

Siddartha is a Blogger from India. He is currently pursuing Masters in MIS and he loves writing about technology. You can follow him on Twitter | Facebook | Google+. You can subscribe to GadgetCage RSS Feed or Email Notifications.

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