Indian premier league (IPL)
The Indian premier league (IPL) is a T20 cricket league introduced by Lalit Modi and Board of council for cricket in India (BCCI) and currently being supervised by Rajeev Shukla.
It consists of players from all around the world, and is one of the richest leagues in the world. The Premier League is the shortest form of professional cricket with just 20 overs per innings, the league is well promoted and commercialised on national TV. The brand value of the 6th edition of the IPL was estimated US$2.99 billion. Previously the major league sponsor was DLF but currently it is sponsored by PEPSI, who won with a bid of ₹396.8 crores over AIRTEL. The league is broadcasted live on SET MAX in India and on YouTube worldwide on the web.
The IPL is a T20 cricket league introduced in 2008. During these 6 seasons of world class cricket entertainment the league has gone from strength to strength and gained enormous success. There are majorly 8 teams participating in all 6 seasons of the IPL.
·       Chennai Super Kings, CSK
·       Delhi Daredevils, DD
·       Kings XI Punjab, KXIP
·       Kolkata Knight Riders, KKR
·       Mumbai Indians, MI
·       Rajasthan Royals, RR
·       Royal Challengers Bangalore, RCB
·       Sunrisers Hyderbad, SRH
And there are 3 more teams who participated in the league temporarily but have been ceased to exist due to financial crisis.
·       Kochi Tuskers Kerala, KTK
·       Deccan Chargers, DC
·       Pune Warriors India, PWI
In these 6 seasons the league has been won by 5 different teams:
·       2008 Season 1 - Rajasthan Royals
·       2009 Season 2 - Deccan Chargers
·       2010 Season 3 - Chennai Super Kings
·       2011 Season 4 - Chennai Super Kings
·       2012 Season 5 - Kolkata Knight Riders
·       2013 Season 6 - Mumbai Indians
From the above statistics it is clear that The Chennai Super Kings are the most successful team in the league, winning the trophy 2 times and reaching in finals 3 times.
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.
Some of the team composition rules are:
Minimum squad strength of 16 players plus one physio and a coach.
·       No more than 11 foreign players in the squad and maximum 4 foreign 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 though being very successful and entertaining but it has also gone under many speculations. Many events of spot fixing, betting and money were witnessed, where players were caught on the phone tapings or secret cameras exchanging money or fixing actions on a particular ball.
The premier league involved Bollywood tadka as well as business tycoons where many Bollywood superstars were co-owners of some teams:
1.     Shahrukh khan, Juhi chawla : Kolkata knight riders
2.     Preity zinta : Kings XI Punjab
3.     Shilpa shetty : Rajasthan royals
4.     Vijay mallya : Royal Challengers Bangalore
5.     Mukesh Ambani : Mumbai Indians
And many Hollywood and Bollywood superstars also performed in the opening ceremony of the league and came to watch the matches of their favourite teams on several occasions.
The league is a full on entertainment event watched worldwide between the months of March and April, the league has not only been held in India but also abroad in South Africa (Second season).

By – Mohit Goel
Ase Cse - 3A – Y batch