Tuesday, May 12, 2009

Truth about IPL Tournament


AUTHOR! SMIT


                        As the second season of the IPL coincided with multi-phase 2009 Indian general elections, the Indian Government refused to commit security by Indian paramilitary forces. As a result, the BCCI decided to host the second season of the league outside India.[3] All 59 matches of the second season, abbreviated as IPL 2, are taking place in South Africa. BCCI blamed the attitude of the UPA-led governments at the centre and in Maharashtra and Andhra Pradesh for the decision.[4]
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. It is now the most watched domestic Twenty20 competition in the world. 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 four times in a round robin technique, with equal number of home and away matches. The top two 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 [edit] television rights The IPL is predicted to bring the BCCI income of approximately US$1 billion, over a period of four 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%.[5] 20% of these proceeds would go to IPL, 8% as prize money and 72% would be distributed to the franchisees. The money would be distributed in these proportions until 2012, after which the IPL would go public and list its shares.[8] On 15 January 2008 it was announced that a consortium consisting of India's Sony Entertainment television network and Singapore-based World Sport Group secured the global broadcasting rights of the Indian Premier League.[6] The record deal has a period of ten years at a cost of US $1.026 billion. As part of the deal, the consortium will pay the BCCI US $918 million for the television broadcast rights and US $108 million for the promotion of the tournament.[7] Broadcast Live on Setanta. In India, the IPL has become four of the most popular events of the year. Around the world, reception has varied. In Pakistan the reception was described by Pakistani cricinfo editor Osman Samiuddin as 'massive', suggesting that it attracted even non-regular cricket followers and that the popularity of the Kolkata Knight Riders was great.[14] GEO Super telecasted the matches and also included a popular show called Inside IPL. A similar positive reaction was seen in Sri Lanka, with interest in the Mumbai Indians being large due to the presence of cricket hero Sanath Jayasuriya. Bangladesh has also positively reacted despite only four Bangladeshi player being involved. The Knight Riders were the most popular team. These subcontinental countries were also helped in that the time-slot of the matches fitted in with prime time in these nations. Sony-WSG then re-sold parts of the broadcasting rights geographically to other companies. Below is a summary of the broadcasting rights around the world........ Winning Bidder Regional Broadcast Rights Terms of Deal Sony/World Sport Group Global Rights, India 10 years at USD 1.026 Billion[6] Network Ten (ONE) Free-to-air television in Australia 5 years at AUD 10-15 Million.[9] Sky Network television New Zealand broadcast rights Terms not released Setanta Sports United Kingdom and Ireland on a subscription basis 5 years, terms not disclosed.[10] Arab Digital Distribution Middle East broadcast rights on ADD's ART Prime Sport channel. Will broadcast to United Arab Emirates, Bahrain, Iran, Iraq, Jordan, Kuwait, Lebanon, Oman, Qatar, Palestine, Saudi Arabia, Syria, Turkey, Algeria, Morocco, Tunisia, Egypt, Sudan, Libya and Nigeria. 10 Years, terms not released.[11] Willow TV Rights to distribute on tv, radio, broadband and web, for the IPL in North the united states. 5 years, terms not released.[12] SuperSport South Africa and Nigeria broadcast rights Terms not released GEO Super Pakistan broadcast rights Terms not released Asian television Network Canadian broadcast rights. Aired on ATN's CBN & ATN Cricket and channels on a subscription basis. Aired on XM Radio's ATN-Asian Radio as well. 5 years, terms not released.[13] South Africa has seen moderate viewership of the IPL, and by lots of accounts viewers have found it enjoyable. However, lots of were unable to relate to any of the teams, although a large number simply supported Mumbai Indians because of the presence of Shaun Pollock. The timing worked in South Africa but the IPL did not overcome the power of Premier League footy or rugby. In England, although the country's governing body did not permit its players to take part, the IPL was very popular with those who had access to the cable television channel that aired the games. In the West Indies, the IPL became so popular that it, according to Vaneisa Baksh, threatened to overtake check cricket in 'certain sections of West Indian fans'. While free-to-air coverage has not been complete and it's not ignited passions, it's remained a popular watch. [edit] Rules The IPL was less popular in Australia and New Zealand, mainly due to the time zone differences. Nevertheless, the IPL consistently won its free-to-air timeslot of 8:30 P.M. and 12:30 A.M. Australian Time, and 10:30 P.M. and 2:30 A.M. New Zealand Time for subscription TV. The official rules for the tournament are here. there's four ways that a franchise can acquire a player. In the annual auction, buying domestic players, signing uncapped players through trading and buying replacements.[15][16] In the trading window the player can only be traded with his consent. The franchise will have to pay the difference between the elderly contract price and the new contract price. If the new contract is worth over the older four then the difference will be shared between the player and the franchise selling the player.[17] * maximum squad strength of 16 players and four physio as well as a coach. * No over 8 foreign players in the squad and at most 4 in the playing XI.For the 2009 edition franchises are allowed 10 foreign players in the squad. The number allowed in the playing XI remains unchanged at 4. * A maximum of 8 local players must be included in each team. * A maximum of 2 players from the BCCI under-22 pool in each team. Some of the Team composition rules are: The players accorded "icon" status are: Sachin Tendulkar, Rahul Dravid, Sourav Ganguly, Yuvraj Singh and Virender Sehwag . The total spending cap for a franchisee in the first player auction was US $5m. Under-22 players are to be remunerated with a maximum annual salary of US $20,000 while for others it is US $50,000. Icon players are to be paid 15% over the highest paid player in their respective teams. there's some rumours that the 2010 season of the IPL will include a new rule commonly used in "Backyard Cricket"; the one-hand-one-bounce rule. The IPL negotiated a contract with the Canadian company Live Current Media Inc. to run and operate its portals and the maximum guarantee has been negotiated at US $50 million over the next 10 years.[18] The official website of the tournament is www.iplt20.com. [edit] Official website The 2009 season coincides with the upcoming general elections in India. Due to concerns regarding players' security, the venue had shifted to South Africa. [edit] Current Season Main article: 2009 Indian Premier League [edit] Existing Original Eight [edit] Franchises The winning bidders for the two franchises were announced on 24 January 2008.[19] While the total base price for auction was US $400 million, the auction fetched US $723.59 million.[20] The official list of franchise owners announced and the winning bids were as follows. Franchise Owner(s) Price (USD) Mumbai Indians Mukesh Ambani (Reliance Industries) $ 111.9 m Royal Challengers Bangalore Vijay Mallya (UB Group) $ 111.6 m Deccan Chargers Deccan Chronicle,Rajesh Dandu Amity Business School, Bangalore $ 107.0 m Chennai Super Kings India Cements (N Srinivasan) $ 91.90 m Delhi Daredevils GMR Holdings (Grandhi Mallikarjuna Rao) $ 84.0 m Kings XI Punjab Ness Wadia (Bombay Dyeing),Priety Zinta, Mohit Burman (Dabur) and Karan Paul (Apeejay Surendera Group) $ 76.0 m Kolkata Knight Riders Red Chillies Entertainment (Shah Rukh Khan, Gauri Khan, Juhi Chawla and J Mehta) $ 75.1 m Rajasthan Royals Emerging Media (Lachlan Murdoch, A.R Jha and Suresh Chellaram), Shilpa Shetty, Raj Kundra $ 67.0 m [edit] 2010-11 Expansion Expansions- 2010-11 Season( 4 new teams)- After the success of the first season, it's been reported that two new franchises will join the IPL in 2010-11, increasing the total number of teams to 12. The new confirmed franchises will be based in Ahmedabad and Kanpur, with Anil Ambani's name associated with the ownership of the Ahmedabad franchise, and Sahara Group is touted as the possible suitors to buy the Kanpur franchise. Other cities being linked with getting a franchisee are Patna-Ranchi joined franchisee or a team from the North-East to promote the sport in the region and possibly four team from the north-western states of Jammu and Kashmir, Himachal Pradesh and Uttarkhand. [21] 1. A Patna joined franchisee 2. A team from the Assam 3. A team from the north-western states of Jammu and Kashmir, Himachal Pradesh and Uttarkhand * IPL Ahmedabad * IPL Kanpur * Any four from the following- [edit] 2012-13 expansion The unselected team from the four postulated for the 2010-11 expansion will be considered for another set of expansions in the 2012-13 season. An expansion of four more teams is expected for 2012-13. A second Mumbai or Delhi team has also been proposed for future expansion of four teams to take place in the 2012-13 season.[22] The Delhi team could be localized to Gurgaon, Faridabad, NOIDA or Greater NOIDA or could be more likely combined to generate an alternative Delhi team. A Mumbai team could represent Navi Mumbai or Pune. However, some of issues with the expansions exist. While Indian cricket is immensely popular and new franchises will likely obtain an owner as well as a moderate fan base, there is a fear that the new franchise would not be able to integrate well into the tournament as most star players in the cricket world would already be involved with their existing franchises. There is as well as a fear of diluting the talent in all the teams and hence making each team less appealing to the audience (although this is not likely to occur, given that most overseas players currently signed in the IPL, which includes no England national players, do not play due to the 4-player limit on overseas players in a match squad). Regardless, the expansions are likely to make it longer before the IPL is fully integrated into the national and international psyche in the way the English Premier League or American franchise-based competitions are. [edit] Revenue and Profits The Indian Government earned Rs 91 crore as tax revenue from the 1st season of the IPL. [23] [edit] Franchise Earnings a. Broadcasting Rights - 35 b. Team Sponsors - 20 c. Gate Receipts - 14 Total Revenues(a+b+c) - 69 The first season that concluded on 1 June 2008 was a huge success for the IPL. It should be noted that during the first season no four had expected the franchises to break even since most of them had paid huge amounts to buy the clubs, but the table below shows that some of them are already profitable from Season 1.[24] Franchise Revenues Expenses Profit/Loss (Rupees Crores) Mumbai Indians a. Franchise Fees - 45 b. Team Expenses - 20 c. Advertising & Admin - 20 Total Expenses(a+b+c) - 85 a. Broadcasting Rights - 35 b. Team Sponsors - 0 c. Gate Receipts - 10 Total Revenues(a+b+c) - 45 Net Loss - -16 Royal Challengers Bangalore a. Franchise Fees - 48 b. Team Expenses - 22 c. Advertising/Admin - 18 Total Expenses(a+b+c) - 88 a. Broadcasting Rights - 35 b. Team Sponsors - 17 ; c. Gate Receipts - 12 Total Revenues(a+b+c) - 64 Net Loss - -43 Deccan Chargers a. Franchise Fees - 45 b. Team Expenses - 24 c. Advertising/Admin - 13 Total Expenses(a+b+c) - 82 Net Loss - -18 Chennai Super Kings a. Broadcasting Rights - 35 b. Team Sponsors - 25 c. Gate Receipts - 12.8 Total Revenues(a+b+c) - 72.8 a. Franchise Fees - 36 b. Team Expenses - 24 c. Advertising/Admin - 13 Total Expenses(a+b+c) - 73 a. Broadcasting Rights - 35 b. Team Sponsors - 20 c. Gate Receipts - 15.4 Total Revenues(a+b+c) - 70.4 Net Loss - -0.2 Delhi Daredevils a. Franchise Fees - 34 b. Team Expenses - 23 c. Advertising/Admin - 20 Total Expenses(a+b+c) - 77 Net Loss - -6.6 Kings XI Punjab a. Broadcasting Rights - 35 b. Team Sponsors - 22 c. Gate Receipts - 9 Total Revenues(a+b+c) - 66 a. Franchise Fees - 30.4 b. Team Expenses - 25 c. Advertising/Admin - 13 Total Expenses(a+b+c) - 68.4 Net Loss - -2.4 Kolkata Knight Riders a. Broadcasting Rights - 35 b. Team Sponsors - 34 c. Gate Receipts - 20 Total Revenues(a+b+c) - 89 a. Franchise Fees - 31 b. Team Expenses - 25 c. Advertising/Admin - 20 Total Expenses(a+b+c) - 76 Net Profit - +13 Rajasthan Royals a. Broadcasting Rights - 35 b. Team Sponsors - 16 c. Gate Receipts - 8 Total Revenues(a+b+c) - 59 a. Franchise Fees - 27 b. Team Expenses - 13 c. Advertising/Admin - 13 Total Expenses(a+b+c) - 53 Net Profit - +6 * All Figures are in Indian Rupees crores (1 crore = 10,000,000 Rupees = 201,176 United States Dollars = 152,444 Euro on June 1, 2008 [25]) [edit] Player signings Main articles: Royal Challengers Bangalore, Chennai Super Kings, Delhi Daredevils, Deccan Chargers, Kolkata Knight Riders, Kings XI Punjab, Mumbai Indians, and Rajasthan Royals The first players' auctions were held on 20 February 2008. The IPL placed icon status on a select few marquee Indian players. These players were Rahul Dravid, Saurav Ganguly, Sachin Tendulkar, Yuvraj Singh, and Virender Sehwag. VVS Laxman initially named an icon player, later voluntarily opted out of his icon status to give his team (Deccan Chargers) more money to bid for players.