The Indian Premier League (also known as the “DLF Indian Premier League” and often abbreviated as IPL), is a Twenty20 cricket competition created by the Board of Control for Cricket in India (BCCI) and chaired by the Chairman & Commissioner IPL, BCCI Vice President Lalit Modi. The first season of the Indian Premier League commenced on 18 April 2008, and ended on 1 June 2008 with the victory of the Rajasthan Royals against Chennai Super Kings in the final at the DY Patil Stadium, Navi Mumbai.
Teams play each other two times in a round robin system, with equal number of home and away matches. The top four ranking sides will progress to the semi-finals.
The inaugural 2008 tournament started on 18 April 2008 in Bangalore and lasted for 46 days, with 59 matches scheduled, out of which 58 took place and 1 was washed out due to rain
Television rights and sponsorship
The IPL is predicted to bring the BCCI income of approximately US$1 billion, over a period of five to ten years. All of these revenues are directed to a central pool, 40% of which will go to IPL itself, 54% to franchisees and 6% as prize money. The money will be distributed in these proportions until 2017, after which the share of IPL will be 50%, franchisees 45% and prize money 5%.
IPL 2011 is eagerly expected as IPL 2010 was a huge hit. IPL 3 had 8 teams playing against each other but IPL 4 would have 10 teams competing .This edition is going to be much different from other editions as we are going to miss Lalit Modi .
... . In 1977 the American League added two teams making fourteen teams. In 1993 the national league added two teams making both leagues fourteen teams. (Microsoft) This meant ... that the leagues must be restructured. Each league ...
Season 3 was under the leadership of Lalit Modi , however Season 4 is going to be under the leadership of Chirayu Amin. He has already promised a bigger and better IPL and has promised to run it in a transparent manner. This year there was a lot of allegation of match fixing . BCCI and its pet Indian Premier League came under Income Tax raids.
IPL Season 4 is going to have 10 teams , 74 matches and 45 days of action. IPL 2011 schedule can be checked