Indian Premier League
The Indian Premier League (IPL), also known as the TATA IPL for sponsorship reasons, is a men's Twenty20 (T20) cricket league held annually in India. Founded by the BCCI in 2007, the league features ten city-based franchise teams. The IPL usually takes place during the summer, between March and May each year. It has an exclusive window in the ICC Future Tours Programme, resulting in fewer international cricket tours occurring during the IPL seasons.
Countries | India |
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Administrator | Board of Control for Cricket in India (BCCI) |
Headquarters | Cricket Centre, Churchgate, Mumbai, Maharashtra |
Format | Twenty20 |
First edition | 2008 |
Latest edition | 2023 |
Tournament format | Round Robin format with Group System and Playoffs |
Number of teams | 10 |
Current champion | Chennai Super Kings (5th title) |
Most successful | Chennai Super Kings Mumbai Indians (5 titles each) |
Most runs | Virat Kohli (7,582) |
Most wickets | Yuzvendra Chahal (199) |
TV | India Star Sports (Television) JioCinema (Internet) International List of broadcasters |
Website | iplt20.com |
2024 Indian Premier League |
Seasons |
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The IPL is the most popular cricket league in the world; in 2014, it ranked sixth in average attendance among all sports leagues. In 2010, the IPL became the first sporting event to be broadcast live on YouTube. Inspired by the success of the IPL, other Indian sports leagues have been established. In 2022, the league's brand value was estimated at ₹90,038 crore (US$11 billion). According to the BCCI, the 2015 IPL season contributed ₹1,150 crore (US$140 million) to India's GDP. In December 2022, the IPL achieved a valuation of US$10.9 billion, becoming a decacorn and registering a 75% growth in dollar terms since 2020 when it was valued at $6.2 billion, according to a report by the consulting firm D and P Advisory. Its 2023 final became the most streamed live event on the internet, with 32 million viewers.
In 2023, the league sold its media rights for the next 4 Seasons for US$6.4 billion to Viacom18 and Star Sports, meaning each IPL match was valued at $13.4 million. As of 2023, there have been sixteen seasons of the tournament. The current champions are the Chennai Super Kings, who won the 2023 season after defeating the Gujarat Titans in the final.