The IPL is the most-popular cricket league in the world; in 2014, it was ranked sixth by average

attendance among all sports leagues. In 2010, the IPL became the first sporting event to be
broadcast live on YouTube.[7][8] Other Indian sports leagues have been established based on
the success of the IPL.] The brand value of the league in 2022 was ₹90,038 crore (US$11
billion).According to BCCI, the 2015 IPL season contributed ₹1,150 crore (US$140 million) to
the GDP of the economy of India.[15] In December 2022, the IPL became a decacorn valued at
US$10.9 billion, registering a 75% growth in dollar terms since 2020 when it was valued at $6.2
billion, according to a report by consulting firm D and P Advisory.[16] Its 2023 final was the most
streamed live event on internet with 3.2 crore or 32 million viewers.
Season Winners
2008 Rajasthan Royals
2009 Deccan Chargers
2010 Chennai Super Kings
2011 Chennai Super Kings (2)
2012 Kolkata Knight Riders
2013 Mumbai Indians
2014 Kolkata Knight Riders (2)
2015 Mumbai Indians (2)
2016 Sunrisers Hyderabad
2017 Mumbai Indians (3)
2018 Chennai Super Kings (3)
2019 Mumbai Indians (4)
2020 Mumbai Indians (5)
2021 Chennai Super Kings (4)
2022 Gujarat Titans
2023 Chennai Super Kings (5)
On September 13, 2007, after India's triumph in the 2007 T20 World Cup, the BCCI introduced
the Indian Premier League (IPL), a franchise-based Twenty20 cricket competition. Scheduled to
kick off in April 2008 in New Delhi, the inaugural season was unveiled with a high-profile
ceremony. Lalit Modi, BCCI vice-president, spearheaded the IPL, disclosing details such as
format, prize money, franchise revenue system, and squad composition rules. The league,
governed by a seven-man council, also served as the qualifying platform for the 2008
Champions League Twenty20.
%o determine team ownership, an auction for franchises took place on January 24, 2008. The
reserve prices for the eight franchises totaled $400 million, but the auction generated an
impressive $723.59 million. The IPL's establishment contributed to the closure of the rival
league, the Indian Cricket League (ICL), in 2009, following a ban on players participating in the
ICL.The Indian Premier League (IPL) is a professional Twenty20 cricket league in India that was
introduced by the Board of Control for Cricket in India (BCCI) on September 13, 2007, following
India's victory in the 2007 T20 World Cup. The league operates on a franchise-based model,
with teams representing different cities or regions. Each season, starting from the inaugural one
in April 2008, features teams competing in a league format, followed by playoffs and a final to
determine the champion. Team ownership is determined through an auction of franchises, with
the first auction taking place on January 24, 2008, raising more than the initially estimated $400
million. Governed by a seven-man council, the IPL has played a pivotal role in popularizing T20
cricket globally, attracting top international players and garnering a massive fan following.
Notably, the IPL also served as the qualifying mechanism for the Champions League Twenty20
in its early years. The league's establishment contributed to the decline and eventual closure of
the Indian Cricket League (ICL), a rival cricket league. Over the years, the IPL has become a
highly anticipated and lucrative annual cricketing event, blending entertainment with high-quality
cricketing action.