A new chapter in Indian Cricket! - Indian Premier League
Mumbai IPL - Mukesh Ambani - $111.9
Million Bangalore IPL - Vijay Mallaya - $111.6
Million Hyderabad IPL - Deccan Chronicle - $107.01
Million Chennai IPL - India Cements - $91
Million Mohali IPL - Preity Zinta & Ness Wadia - $76
Million Calcutta IPL - Sharukh Khan - $75.09
Million Jaipur IPL - Emerging Media - $67
Million U thought, how they are going to recover the money? - it seems nearly 60-65% of their costs have been covered through sale of television rights to Sony-World Sports Group for $1.026 billion, including $108 million by BCCI. All of them are confident that they will break even within 2 - 3 Yrs.
ET : Originally conceived as a riposte to Subhash Chandra’s rebel Indian Cricket League, IPL is set to become the biggest money-spinner in cricket today. The league has been modelled on other professional sports leagues like the English Premier League (EPL) and National Basketball Association (NBA). But in the years to come, it will emulate EPL and NBA when it comes to trading players and club buyouts. Some of the biggest names in international cricket today, such as Ricky Ponting, Kumar Sangakkara and Sachin Tendulkar, have all signed up to play in IPL, and so have Shane Warne and Glenn McGrath. The top 80 players in the ICC rankings will be playing in IPL, according to BCCI officials
59 matches would be played over 44 days , which would be broadcast live on SET Max. All in all BCCI is said to have raised a total off $ 1.749 billion (Rs 6996 crore) through the team auction alone...
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