PROJECT REPORT ON
“INDIAN PREMIER LEAGUE (IPL)”
BY:
Shriansh Sharma
ROLL NO: 18-M-519
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INDEX
Contents
PREFACE ........................................................................................................................................................ 9
INTRODUCTION TO THE INDIA PREMIER LEAGUE (IPL) ............................................................................. 10
HISTORY AND BACKGROUND OF FORMATION OF THE IPL ........................................................................ 12
Indian Premier League v/s Indian Cricket League ...................................................................................... 14
RULES AND REGULATIONS ......................................................................................................................... 15
THE TEAMS AT A GLANCE .......................................................................................................................... 16
SUCCESSFUL START .................................................................................................................................... 27
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INTRODUCTION TO THE INDIA PREMIER LEAGUE (IPL)
The Indian Premier League (IPL) is a professional league for Twenty20 cricket
championship in India. It was initiated by the Board of Control for Cricket in India
(BCCI), headquartered in Mumbai and is supervised by BCCI Vice President
Rajeev Shukla, who serves as the league's Chairman and Commissioner. It is
currently contested by nine teams, consisting of players from around the world. It
was started after an altercation between the BCCI and the Indian Cricket League
In 2010, IPL became the first sporting event ever to be broadcast live on YouTube
in association with Indiatimes. Its brand value is estimated to be around US$2.99
billion in fifth season.
The IPL works on a franchise-system based on the American style of hiring players
and transfers. These franchises were put for auction, where the highest bidder won
the rights to own the team, representing each city. The auction for the same took
place on January 24, 2008 and the total base price for the auction was $400
million. The auction went on to fetch $723.59 million.
The Mumbai franchise owned by Mukesh Ambani‘s Reliance Industries Limited
(RIL) was the most expensive franchise - fetching $111.9 million closely followed
by Vijay Mallya‘s United Breweries which paid $111.6 million for the Bangalore
franchise. Media house Deccan Chronicle won the Hyderabad chapter of the IPL
for $107 million, while India Cements‘ Chennai franchise cost $91 million.
Bollywood also made its presence felt with two of its leading stars bagging the
ownership of their respective teams - Shah Rukh Khan and Juhi Chawla‘s Red
Chillies Entertainment buying out Kolkata for $75.09, while Preity Zinta and her
beau Ness Wadia bought the Mohali team for $76 million.
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GMR , the infrastructure development group which who are involved in a project
for revamping the Delhi airport, bagged the ownership of the Delhi team for $84
million and the Emerging Media , consisting of its CEO Fraser Castellino, Manoj
Badale and Lachlan Murdoch and other investors won the rights for the Jaipur
franchise for $67 million.
On 21 March 2010, Pune and Kochi were unveiled as the two new franchises for
the fourth edition of the Indian Premier League. The base price was $225 million.
While Pune was bought by Sahara Adventure Sports Group for $370 million, the
Kochi franchise was bought by Rendezvous Sports World Limited for $333.3
million. The process was to have been completed on 7 March but was postponed
by two weeks after many bidders and the BCCI objected to stiff financial clauses.
The second franchise auction fetched total $703 million.
Over 200 million Indian viewers, 10 million international viewers, 4 million live
spectators: the Indian Premier League (IPL) is a sports and entertainment
revolution in the making, surpassing all records of viewership on ground and on
media. Advertising revenue and ticket sales have exceeded all expectations,
making IPL highly profitable for the organizers, broadcasters and successful team
owners. Zealous fan following—even hostility for visiting teams—shows local
loyalties are building up faster than anyone expected.
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HISTORY AND BACKGROUND OF FORMATION OF THE IPL
Kerry Francis Bullmore Packer, AC (17 December 1937 – 26 December
2005),was an Australian media tycoon whose family company owned controlling
interests in both the Nine television network and leading Australian publishing
company Australian Consolidated Press. Packer was best known for founding
World Series Cricket. In 1977 the Nine Network cricket rights deal led to a
confrontation with the cricket authorities, as top players from several countries
rushed to join him at the expense of their international sides. Packer‘s aim was to
secure broadcasting rights for Australian cricket, and he was largely successful.
Many of the well-known cricketers of that period left their national team to play in
Kerry Packer‘s World Series cricket. Some of our legendry cricketers also
contacted to play in that series. But due to some controversies, mainly with
Australian board due to television rights, this league could not be successful.
On the background of this idea, Zee Entertainment Enterprises organized a league
called Indian cricket league. The Indian Cricket League (ICL) was a private
cricket league funded by Zee Entertainment Enterprises that operated between
2007 and 2009 in India. In Its two seasons included tournaments between four
international teams (The World XI, India, Pakistan and Bangladesh) and nine
domestic teams notionally located in major Indian cities as well as the champions
Lahore Badshahs who were based in Lahore, Pakistan. The matches were played
in the Twenty20 format. Zee T.V owner Subhash Chandra founded this league in
the response of BCCI‘s some of working style. Many times Subhash Chandra give
bid for television rights but every time he was rejected even if his bid was the
highest. This results in formation of Indian Cricket League(ICL). But due to some
reasons this league could not be successful. Some of reasons are commercial
factors, lacking of the support of the BCCI and ICC.
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The ICL was set up with a billion dollar Indian Rupee corpus, and was to initially
comprise six teams playing Twenty20 cricket, with plans to expand to sixteen
teams within three years and to eventually move to 50-over matches. These plans,
if they had been realised, would have made the ICL the richest professional league
in India. On 24 July 2007, some famous international names were announced to
have signed to play in the ICL, including highest innings record-holder Brian Lara.
The BCCI refused to recognise the ICL as a cricket league, and criticised
KiranMore and Kapil Dev for joining the ICL. On August 21, 2007 KapilDev was
sacked from his NCA post.The International Cricket Council gave a statement
through its chief executive, Malcolm Speed, that the ICC would not recognize the
ICL unless the BCCI chooses to recognise it.
Faced with the threat of young players joining the ICL, the BCCI jacked up prize
money for winners, runners-up and losing semi-finalists across all tournaments. An
average domestic cricketer can hope to make around Rs 35,000 per match day
from the season of 2007-08: more than double the Rs 16,000 they got in 2005-06.
The BCCI has also planned to do away with honorary selectors, who will be paid
professionals from September 2008 onwards.
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There are five 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.
Some of the team composition rules are:
Minimum squad strength of 16 players plus one physio and a coach.
and maximum 4 foreign
No more than 11 foreign players in the squad
players should be in the playing eleven.
Minimum of 14 Indian players must be included in each squad.
A minimum of 6 players from the BCCI under-22 pool in each squad.
IPL games utilize television timeouts, hence 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 awarded
two strategic timeouts of 2:30 each per innings—the teams can take the timeout
when instructed, but is necessary to take it from 6th to 9th and 13th to 16th over.
The total spending cap for a franchisee in the first player auction was US $5
million. Under-22 players are to be remunerated with a minimum annual salary
of US $20,000 while for others it is US $50,000. The most expensive players in
the IPL to date is Gautam Gambhir of India fetched the highest price of $2.4
million from Kolkata Knight Riders at the auction for season 4
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THE TEAMS AT A GLANCE
Team Name City Owner(s) Captain Head Coach
Chennai Super Kings Chennai Gurunath Mahendra Stephen Fleming
Meiyappan Singh Dhoni
India Cements
Deccan Chargers Hyderabad T Venkattram Kumar Darren Lehmann
Reddy Sangakkara
Deccan
Chronicle
Group
Delhi Daredevils New Delhi GMR Group Virender Eric Simons
Sehwag
Kings XI Punjab Mohali Ness Wadia, Adam Michael Bevan
Preity Zinta, Gilchrist
Kolkata Knight Kolkata Shahrukh Khan Gautam Trevor Bayliss
Riders Gambhir
Red Chillies
Entertainment
Juhi Chawla,
Jay Mehta
Mumbai Indians Mumbai Mukesh Harbhajan Robin Singh
Ambani Singh
Reliance
Industries
Pune Warriors India Pune Subrato Roy Sourav Dermot Reeve
Sahara Ganguly
Rajasthan Royals Jaipur Lachlan Rahul Dravid Monty Desai
Murdoch
Emerging
Media
Shilpa Shetty,
Raj Kundra
Royal Challengers Bangalore Vijay Mallya Daniel Ray Jennings
Bangalore Vettori
UB Group
Kochi Tuskers Kerala Kochi Kochi Cricket
Private Ltd
(Defunct)
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CHENNAI SUPER KINGS :
Chennai Super Kings (often abbreviated as CSK) is a
franchise cricket team based in Chennai, Tamil Nadu that
plays in the Indian Premier League. Founded in 2008, the
team is currently captained by Mahendra Singh Dhoni and
coached by Stephen Fleming, a former New Zealand cricketer. The team's home
ground is the M. A. Chidambaram Stadium (often referred to as Chepauk) located
in Chennai.
Chennai Super Kings is the most successful team in the Indian Premier League
team so far. The team has won the IPL title twice in succession (2010 and 2011)
and reached the play-offs every season. They were also the first Indian team to
have won the Champions League Twenty20. The leading run-scorer of the side is
Suresh Raina, while the leading wicket-taker is Ravichandran Ashwin. The brand
value of Chennai Super Kings in 2012 was estimated at US$75.13 million,
making them the most valuable franchise in the IPL
The franchise is currently owned by India Cements, who paid $91 million to
acquire the rights to the franchise for 10 years in 2008. N. Srinivasan, Vice-
Chairman and Managing Director of India Cements Ltd., is the de facto owner of
the Chennai Super Kings, by means of his position within the company. He is also
the President of the BCCI. Krishnamachari Srikkanth, former captain of the
Indian cricket team and the current Chairman of the National Selection
Committee, was the brand ambassador for the franchise until the end of season
three when his 3-year contract expired, and former Indian opener V. B.
Chandrasekhar is the Chief Selector.
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DECCAN CHARGERS :
Deccan Chargers known in short as DC is a cricket
franchise based in the city of Hyderabad in the Indian
Premier League. They, after finishing last in the first season
of the IPL, won the second season held in South Africa in
2009, under the captaincy of former Australian wicket-
keeper batsman Adam Gilchrist. Gilchrist was the captain of the team for the
first three seasons of the IPL. From the fourth season, Kumar Sangakkara has
been leading the team and Cameron White has been playing as his deputy. The
team is coached by Darren Lehmann, former Australian cricketer.
The Deccan Chargers franchise is owned by the Deccan Chronicle Holdings
Limited. The media group acquired the franchise for an amount of USD 107
million on 24 January 2008. The Chargers logo is a charging bull. From the 2009
season, the team changed the colour of the jersey (from beige and black to
sparkling silver and blue) and the logo (from gold and red to white and blue).
There is no Icon Player for the team as the former captain V.V.S. Laxman
rejected the offer to be an icon player in order to free funds and enable the
franchise to buy & encourage younger players.
On 11 August 2009, Dinesh Wadhwa, former Regional Manager of ICICI Bank
was appointed chief operating officer for 2010.
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DELHI DAREDEVILS :
Delhi Daredevils is the Delhi franchise of the Indian
Premier League in cricket. The franchise is owned by
the GMR Group. Founded in 2008, the team is
currently captained by Virender Sehwag and coached by former South African
cricketer Eric Simons. They play all their home matches at the historic Feroz Shah
Kotla Ground.
Virender Sehwag has been accorded the icon player status in the Delhi Daredevils
team and was also the captain of the side during the first two seasons. However,
he resigned and passed on the leadership to his opening partner Gautam Gambhir
for the 2010 season. But after Gambhir left the team for Kolkata Knight Riders in
the fourth edition, Sehwag was once again given the duty to captain the team.
During the franchise auction for the Indian Premier League teams, the GMR Group
purchased the Delhi Daredevils for $84 million.
Bollywood superstar Akshay Kumar was the brand ambassador of the team during
the 2008 Season but opted not to return for the 2009 season due to a busy schedule.
However, Akshay was seen at a few of the team's games cheering them on.
Famous Bollywood playback singer Kailash Kher has sung the team anthem -
"Khel Front Foot Pe" a.k.a. " Play on the front foot or play aggressively". It is
played at every Delhi Daredevils match. Delhi Daredevils launched their new
anthem "Munday Dilli Ke" on 5 March 2012 on the social networking site
YouTube.
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KINGS XI PUNJAB
Kings XI Punjab is a cricket franchise based in Mohali,
Punjab in the Indian Premier League. It is currently
captained and coached by former Australian wicket-
keeper batsman Adam Gilchrist. The team plays its
home matches at the PCA Stadium, Mohali. Since
2010 IPL, they have been playing some of their home games at Dharamsala.
The first owners of the franchise included Preity Zinta, Karan Paul (Apeejay
Surendera Group) and Mohit Burman (Dabur). The group paid a total of $76
million to acquire the franchise.
Following the controversy surrounding the BCCI and Lalit Modi the Indian
Premier League announced that it had terminated the franchise contracts of Kings
XI Punjab and Rajasthan Royals The teams announced that they would take
whatever legal action possible to remain in the Indian Premier League Initially the
team tried to negotiate a solution with the league but when that couldn't be
reached they decided to file a case in Mumbai High Court accusing the IPL off
getting rid of two teams so that when the bidding process starts for the 2012 IPL
season the contract would be given to a more lucrative bidder. A division bench of
Hon. High Court of Mumbai has upheld the injunction order passed on by Hon.
Justice Vajifdar of Mumbai High court. This order stays till the arbitrator, chosen
by mutual consent of BCCI and Kings XI Punjab settles the issue. The team wass
allowed to take part in the player's auction to be held on 8th & 9 January post
fulfillment of certain financial clauses imposed by Hon. Justice Vajifdar.
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KOLKATA KNIGHT RIDERS
Kolkata Knight Riders (often abbreviated as KKR) is a
cricket franchise representing Kolkata in the Indian
Premier League and owned by Bollywood actor Shah Rukh
Khan's company Red Chillies Entertainment in partnership
with actress Juhi Chawla and her husband Jay Mehta from
the Mehta Group.
The team is currently captained by Gautam Gambhir and coached by Trevor Bayliss,
a former Australian cricketer. The bowling legend, Wasim Akram is the team's
bowling consultant and mentor. Sourav Ganguly, who was the team's Icon Player for
the first three seasons, captained the side in the first and third seasons of the
tournament while Brendon McCullum led the team in the intervening period.
The team won its first title in 2012 by defeating defending champions Chennai
Super Kings by 5 wickets at their home ground in Chennai. The official theme of
the team is Korbo, Lorbo, Jeetbo Re (We will do it, Fight for it, Win it) and the
official colors are purple and gold. The brand value of the Kolkata Knight Riders
was estimated at $57.5 million in 2011, ranking third amongst all ten teams
Initially, when Kolkata knight Riders were first introduced in 2008, the logo of
the team consisted of a blazing golden Viking helmet against a black background
with the name of the team Kolkata Knight Riders written in gold next to it.
However, the black background was changed to purple in the third season. In
2012, a new logo, which consist of a blazing purple Corinthian helmet trimmed
with gold, with Kolkata Knight Rider written within a shield has been introduced.
The name Knight Riders has been chosen keeping in view the kids and the youth.
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MUMBAI INDIANS
Mumbai Indians is a franchise cricket team
representing the city of Mumbai in the Indian
Premier League. The team is one of the eight
founding members of the IPL in 2008. Mumbai Indians are currently led by
Harbhajan Singh and coached by Robin Singh.
They are one of the main teams in the city, together with clubs like the Mumbai
cricket team and football club Mumbai FC. The team is owned by India's biggest
conglomerate, Reliance Industries, through its 100% subsidiary IndiaWin Sports.
Mumbai Indians is ranked No.2 in the IPL with a brand value of $57.13 million in
season four of IPL after Chennai Super Kings (who are the no. 1 with brand value
of $70 million)
Mumbai Indians were the winners of the 2011 edition of the Champion League
Twenty20 which was held in the Indian Sub-Continent this season. They
defeated the Royal Challengers Bangalore in the final held at Chennai by 31 runs.
The team logo has the Sudarshana Chakra with the team's name engraved in it.
The team colours was almost the same in 2008 and 2009, except for the colour
shade and additional sponsors. In 2010 a new kit with golden stripes was
unveiled. In 2011, kit used in 2010 is being used with a change in the main
sponsor name. The 2011 jersey also has three gold stripes going towards the back
on the side of the jersey for the new players in the team.
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RAJASTHAN ROYALS
Rajasthan Royals is an Indian Premier League franchise
based in the city of the Jaipur. It is currently captained
by former Indian captain Rahul Dravid. They won the
inaugural edition of the Indian Premier League under the captaincy of former
Australian spin-legend Shane Warne. In 2010, they were terminated by the BCCI
for a brief period for violations in terms of agreement but were allowed to play
in the league soon after the Board lost the case in the Supreme Court.
Rajasthan Royals were the least active franchise during the players' auction. The
team didn't have a designated icon player, which saved a lot of cap space for the
franchise. However, the franchise was surprisingly low key during the auction, and
in the end got penalized by the IPL committee for failing to meet the minimum
bidding criteria of $3.3 million.
Prior to the start of the inaugural IPL season, many considered the Royals as
possibly the weakest team in the IPL, giving them little chance of competing well
in the tournament. Evidence of the latter opinion seemed to be confirmed when
the team lost its first match against the Delhi Daredevils in a 9 wicket loss.
However, The Royals secured a place in the finals with a victory against the Delhi
Daredevils.
The Rajasthan Royals became the winner of the first IPL tournament, when they
defeated the Chennai Super Kings by 3 wickets in the final played on 1 June
2008. With the scores level with one ball remaining, Sohail Tanvir scored the
winning run and therefore prevented the match from being decided on a bowl out.
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ROYAL CHALLENGERS BANGALORE
Royal Challengers Bangalore (often abbreviated as RCB) is a
cricket team based in Bangalore that plays in the Indian
Premier League. The team is currently led by Daniel Vettori
and coached by South African Ray Jennings. The team is
owned by Vijay Mallya, through his flagship firm UB Group.
The director of the team is Siddharth Mallya.
The team won only 4 matches in the inaugural season, losing 10 matches and
finishing second from the bottom in the table. RCB plays all its home matches at
the M. Chinnaswamy Stadium. The franchise has been one of the most successful
and consistent in the IPL having reached the semis/play-off's every season apart
from 2008 and 2012. It was the only team in the world to have qualified for and
played in all the three seasons of the Champions League Twenty20 tournament,
until in 2012, RCB came fifth in the points table, and failed to qualify for either the
playoffs or the Champions League Twenty20 2012.
Vijay Mallya wanted to associate one of his top-selling liquor brands, either
No. 1 McDowell's or Royal Challenge with the team. The latter was chosen, hence
the name. The jersey colours of the team are red and golden yellow, the same as
the Karnataka state flag, and the logo consists of the RC emblem with "Royal
Challengers Bangalore" in standard format.
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KOCHI TUSKERS KERALA (NOW DEFUNCT)
Kochi Tuskers Kerala was a franchise cricket team that
played in the Indian Premier League (IPL) representing the
city of Kochi, Kerala. The team was one of two new franchisees added to the
Indian Premier League (IPL) for the 2011 season, alongside the Pune Warriors
India. The team franchise was owned by Kochi Cricket Pvt Ltd., which was a
consortium of multiple companies.
On September 19, 2011, the BCCI announced that the Kochi Tuskers Kerala IPL
franchise was terminated for breaching its terms of agreement. The consortium that
owns Kochi is reported to have defaulted on an annual payment of 156 crores as a
bank guarantee. The two new franchises, which made their debuts in 2011, had
sought a 25% waiver on the grounds that the BCCI had stated in the bidding
document that each team would play 18 league matches in a season. The schedule
was later reduced to 14 matches per team.
The chairman of Kochi Tuskers Kerala, Mukesh Patel, however, denied that the
franchise owed the board any money. Soon after the termination of the contract,
the owners of KTK threatened legal action against the BCCI. Mukesh Patel
claimed that Kochi Tuskers had never defaulted payments and that the BCCI
would be paying them 12-15 crore in October 2011 as a part of their central
revenue.
On 21 September 2011, owners of Kochi Tuskers moved the Bombay High Court
to challenge the BCCI's decision to terminate the team's contract. However, the
franchise's plea seeking to restrain the BCCI from encashing its bank guarantee of
156 crore was rejected by a single bench of Justice SF Vajifdar.
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SUCCESSFUL START
The inaugural match was played in Bangalore, between Kolkata and Bangalore. A
packed 55,000-capacity stadium under lights, cheerleaders dancing to music
through the match, and the presence of team owners Shah Rukh Khan and Vijay
Mallya set the perfect stage for the match.
The Kolkata team rose to the occasion with a high total, but the home team
collapsed a long way from the target. The match saw a TRP rating of 8.3—higher
than any other programme on Indian Television during the first season.
Though ratings have dropped since then, they remain at above 5—higher than any
other programme running on TV. That‘s marginally higher than India‘s most
popular soap Kyunki Saas Bhi Kabhi Bahu Thi, which has an average rating of
nearly 5. IPL‘s rating of 5 is no mean achievement, given that it has 59 matches
packed within 44 days.
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Thank You!!!!!!!!!
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