Do you know what is the global reach of IPL, i.e., the Indian Premier League? Well, to your surprise, the average IPL broadcast is in over 100 countries, making it one of the most-watched sports leagues in the world.
Since 2008, when it was established, the league has gained immense popularity and continues growing with viewers and lovers worldwide. Let’s learn more about the IPL, where I have shared everything you need about the Indian Premier League.
History of the Indian Premier League
The history of the Indian Premier League is a distinct narrative. The Indian Premier League, also known as TATA IPL, is a men’s Twenty20 (T20) cricket league held annually in India. The league was founded by the BCCI (The Board of Control for Cricket in India) in 2007, featuring ten city-based franchise teams. The IPL usually takes place during the summer between March and May each year.
The Indian Premier League was inspired by its rival, the Indian Cricket League, which was not a huge success. The reason behind this was that the Indian Cricket League was not recognized by the BCCI (Board of Control for Cricket in India) as it was not happy with the decision. However, the BCCI imposed increased prize money for domestic tournaments and banned players who joined the other rival leagues. As a result, the league didn’t go so far and shut down in 2009.
On September 13, 2007, following India’s victory at the 2007 T20 World Cup, the BCCI introduced IPL. However, the inaugural was scheduled in April 2008, commencing with a high-profile ceremony in New Delhi.
The vice president of BCCI, Lalit Modi, provided several details about the IPL initiative, such as the tournament, format, prize money, franchise revenue system, and squad composition rules.
What are the ten teams taking part in the Indian Premier League?
Here is the list of ten teams taking part in the Indian Premier League. They are,
- Chennai Super Kings
- Mumbai Indians
- Delhi Capitals
- Punjab Kings
- Kolkata Knight Riders
- Lucknow Nawabs
- Sunrisers Hyderabad
- Rajasthan Royals
- Ahmedabad Lions
- Royal Challengers Bangalore
Winners List of IPL All-Season
Here is the list of winners of all IPL seasons from 2008-2024.
- Rajasthan Royals- 2008
- Chennai Super Kings- 2009
- Chennai Super Kings- 2010
- Chennai Super Kings- 2011
- Kolkata Knight Riders-2012
- Mumbai Indians-2013
- Kolkata Knight Riders-2014
- Mumbai Indians-2015
- Sunrisers Hyderabad-2016
- Mumbai Indians-2017
- Chennai Super Kings-2018
- Mumbai Indians-2019
- Mumbai Indians-2020
- Chennai Super Kings-2021
- Gujarat Titans-2022
- Chennai Super Kings-2023
- Kolkata Knight Riders- 2024
How Does IPL Franchise Earn Money?
There are several ways for IPL franchises to make money.
Broadcasting
Broadcasting is the central revenue stream for the franchises to earn money. A significant portion of the IPL revenue comes from broadcasting rights. Here, the BCCI sells these rights to the TV and other digital platforms for a hefty sum, and later, the income is distributed among the franchises.
Ticket Sales
Ticket sales are another mode of income for the IPL from the spectators. Conducting home matches is another significant source of income derived from regular tickets, corporate suites, VIP boxes, etc.
Prize Money
The winners receive a sum as prize money, another income source for the Premier League. So, playing with complete dedication is also an investment received as prize money as interest.
Sponsorships
Sponsorship is a major source of income for the IPL, where they earn money through various sponsorship deals, including the main sponsor, which appears on the team’s jersey and other smaller sponsorships for the logos on sleeves, caps, etc.
Media Rights
Teams also earn money through various ways, such as digital content, including social media promotions, YouTube channels, etc.
Hence, the following are the different income areas for the Indian Premier League.
What are the Indian Premier League Awards?
Here is the list of Indian Premier League Awards;
Orange Cap
Orange Cap is given for the highest run scorer in the entire season. Virat Kohli of RCB(Royal Challengers Bengaluru) is the 2024 season orange cap winner who scored 741 runs.
Purple Cap
The Purple Cap is given to the highest wicket-taker at the end of each season. However, Harshal Patel of the Punjab Kings won the purple cap for the 2024 season.
Most Valuable Player
The Most Valuable Player award is given to the player with the most significant impact in the tournament in a particular season. It considers various factors, including catches held, runs scored, wickets taken, fielding performance, and his overall contribution to the team. Sunil Narine won the award in 2024.
Fair Play Award
Fair Play Award is given to the team that has demonstrated the best conduct in the Indian Premier League throughout the season. The award is based on the points awarded by match officials after each game. However, the teams are judged based on different criteria, including respect for the game, respect for the umpires, fair play, and good behavior of the team’s players. The 2024 winners were Sunrisers Hyderabad.
Emerging Player Award
The Emerging Player Award is given to the cricketer, who is the younger player and has a significant role in the entire season. Well, there is a criteria for the emerging player award as well. The players must be under 25, have played less IPL between 3-5, etc. The 2024 Emerging Player Award winner was Nitish Kumar Reddy.
Maximum Sixes Award
The maximum sixes award is given to the player who hits the most sixes in the entire season.
I hope that in the blog about the Indian Premier League, you learn about many things, such as the history, winners, players, awards, and how the franchise makes money. However, over 200 million Indians have watched the debut season of the Indian Premier League, and the number of viewers is still increasing.
Thank you!
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