Indian Premier League

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.

The league is scheduled to start in April 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, 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.

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.

Although it is going to be a franchise system, some foreign players have already been contracted by the BCCI to play in the IPL.

Each team will play the other 7 teams home and away, the top four teams at the end of the group stages will proceed through to the semi finals.

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.

Sports broadcaster Sony Max and sports rights company World Sport Group have jointly paid US$1.026bn for the rights to the Indian Premeir League (IPL) cricket championship.

The deal gives the partnership shared rights to the series for 10 years, and brings with it a change of direction for Sony Max parent Sony Entertainment Television (SET), which previously backed the International Cricket Council (ICC) World Cup.

The magnitude of the Indian Premier League was confirmed when the winning bidders for the eight franchises were announced on January 24, 2008. While the total base price for auction was US$400 million, the auction fetched US$723.59 million. The official list of franchise owners announced and the winning bids were as follows.

Franchise Owner(s) Price (USD)
Bangalore
Royal Challengers
Dr. Vijay Mallya / UB group $111.6 million
Chennai
Super Kings
India Cements / N Srinivasan $91 million
Delhi
DareDevils
GMR Holdings $84 million
Hyderabad Deccan Chronicle $107 million
Jaipur Emerging Media (Manoj Badale, Lachlan Murdoch, Suresh Chellaram) $67 million
Kolkata Shah Rukh Khan,Juhi Chawla Mehta and Jay Mehta $75.09 million
Mohali Preity Zinta, Ness Wadia , Karan Paul (Apeejay Surendera Group) and Mohit Burman (Dabur) $76 million
Mumbai Mukesh Ambani/ Reliance Industries Limited $111.9 million

The official list of Players bids were as follows.

Franchise Player Age Country Cost (USD)
 
Bangalore Royal Challengers Rahul Dravid (c) 35 Flag of India India $1,035,000
Jacques Kallis 32 Flag of South Africa South Africa $900,000
Anil Kumble 37 Flag of India India $500,000
Cameron White 24 Flag of Australia Australia $500,000
Zaheer Khan 29 Flag of India India $450,000
Mark Boucher 31 Flag of South Africa South Africa $450,000
Nathan Bracken 30 Flag of Australia Australia $325,000
Dale Steyn 24 Flag of South Africa South Africa $325,000
Shivnarine Chanderpaul 33 Flag of British West Indies West Indies $200,000
Wasim Jaffer 30 Flag of India India $150,000
Total purchase price     $4,835,000

Chennai Super Kings Mahendra Singh Dhoni 26 Flag of India India $1,500,000
Jacob Oram 28 Flag of New Zealand New Zealand $675,000
Suresh Raina 21 Flag of India India $650,000
Albie Morkel 28 Flag of South Africa South Africa $675,000
Muttiah Muralitharan 35 Flag of Sri Lanka Sri Lanka $600,000
Matthew Hayden 36 Flag of Australia Australia $375,000
Michael Hussey 32 Flag of Australia Australia $350,000
Stephen Fleming 35 Flag of New Zealand New Zealand $350,000
Parthiv Patel 22 Flag of India India $325,000
Joginder Sharma 29 Flag of India India $225,000
Makhaya Ntini 30 Flag of South Africa South Africa $200,000
Total purchase price     $5,925,000

Delhi DareDevilsCoach: Greg Shipperd Flag of Australia Virender Sehwag (c) 29 Flag of India India $833,750
Gautam Gambhir 26 Flag of India India $725,000
Manoj Tiwary 22 Flag of India India $675,000
Mohammad Asif 25 Flag of Pakistan Pakistan $650,000
Daniel Vettori 29 Flag of New Zealand New Zealand $625,000
Dinesh Karthik 22 Flag of India India $525,000
Shoaib Malik 26 Flag of Pakistan Pakistan $500,000
Glenn McGrath 38 Flag of Australia Australia $350,000
AB de Villiers 24 Flag of South Africa South Africa $300,000
Tillakaratne Dilshan 31 Flag of Sri Lanka Sri Lanka $250,000
Farveez Maharoof 23 Flag of Sri Lanka Sri Lanka $225,000
Total purchase price     $5,572,500

IPL HyderabadCoach: Robin SinghFlag of India Andrew Symonds 32 Flag of Australia Australia $1,350,000
R. P. Singh 22 Flag of India India $875,000
Rohit Sharma 20 Flag of India India $750,000
Adam Gilchrist 36 Flag of Australia Australia $700,000
Shahid Afridi 27 Flag of Pakistan Pakistan $675,000
Herschelle Gibbs 33 Flag of South Africa South Africa $575,000
V. V. S. Laxman (c) 33 Flag of India India $375,000
Chaminda Vaas 34 Flag of Sri Lanka Sri Lanka $200,000
Scott Styris 32 Flag of New Zealand New Zealand $175,000
Nuwan Zoysa 30 Flag of Sri Lanka Sri Lanka $110,000
Chamara Silva 28 Flag of Sri Lanka Sri Lanka $100,000
Total purchase price     $5,885,000

IPL Jaipur Mohammad Kaif 27 Flag of India India $675,000
Yusuf Pathan 25 Flag of India India $475,000
Graeme Smith 27 Flag of South Africa South Africa $475,000
Shane Warne 38 Flag of Australia Australia $450,000
Munaf Patel 24 Flag of India India $275,000
Younis Khan 32 Flag of Pakistan Pakistan $225,000
Justin Langer 38 Flag of Australia Australia $200,000
Kamran Akmal 26 Flag of Pakistan Pakistan $150,000
Total purchase price     $2,925,000

IPL KolkataCoach: John Buchanan Flag of Australia Sourav Ganguly 35 Flag of India India $1,092,500
Ishant Sharma 19 Flag of India India $950,000
Chris Gayle 28 Flag of British West Indies West Indies $800,000
Brendon McCullum 26 Flag of New Zealand New Zealand $700,000
David Hussey 30 Flag of Australia Australia $625,000
Shoaib Akhtar 32 Flag of Pakistan Pakistan $425,000
Murali Kartik 31 Flag of India India $425,000
Ricky Ponting 33 Flag of Australia Australia $400,000
Ajit Agarkar 30 Flag of India India $330,000
Umar Gul 24 Flag of Pakistan Pakistan $150,000
Tatenda Taibu 24 Flag of Zimbabwe Zimbabwe $125,000
Total purchase price     $6,022,500

IPL MohaliCoach: Tom MoodyFlag of Australia Yuvraj Singh 26 Flag of India India $1,063,750
Irfan Pathan 23 Flag of India India $925,000
Brett Lee 31 Flag of Australia Australia $900,000
Kumar Sangakkara 30 Flag of Sri Lanka Sri Lanka $700,000
Sreesanth 25 Flag of India India $625,000
Mahela Jayawardene 30 Flag of Sri Lanka Sri Lanka $475,000
Piyush Chawla 19 Flag of India India $400,000
Ramnaresh Sarwan 27 Flag of British West Indies West Indies $225,000
Simon Katich 32 Flag of Australia Australia $200,000
Ramesh Powar 30 Flag of India India $170,000
Total purchase price     $5,683,750

IPL Mumbai Sachin Tendulkar 34 Flag of India India $1,121,250
Sanath Jayasuriya 38 Flag of Sri Lanka Sri Lanka $975,000
Harbhajan Singh 27 Flag of India India $850,000
Robin Uthappa 22 Flag of India India $800,000
Shaun Pollock 34 Flag of South Africa South Africa $550,000
Lasith Malinga 24 Flag of Sri Lanka Sri Lanka $350,000
Loots Bosman 30 Flag of South Africa South Africa $175,000
Dilhara Fernando 29 Flag of Sri Lanka Sri Lanka $150,000
Total purchase price     $4,971,250
 

Australian Tom Moody has signed up to coach the Mohali team in the money-spinning Indian Premier League (IPL), the franchise has announced.

This article is collected from Wikipedia and edited by me.
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