The Indian Premier League (IPL) is the most popular Twenty20 cricket tournament. IPL is a brainchild of the Board of Control for Cricket in India (BCCI).
IPL saw its first season in April-June 2008, which was won by the Rajasthan Royals. The second season of the IPL was held in South Africa due to security concerns while the third edition of the IPL returned back to India in 2010. The second and third edition of the tournament was won by the Deccan Chargers and the Chennai Super Kings respectively.
IPL today has become a craze amongst cricket fans. The fast paced matches of IPL promise three hours of action packed Cricket that keeps the viewers glued to their television sets, at homes, streets or wherever they find one.
Apart from the cricketing fun, IPL is a commercial venture to reckon with. The IPL is predicted to bring BCCI an income of around $1 billion over next five to ten years. This can be gauged from the global broadcasting rights that were sold for $ 1.026 billion, for a period of ten years.
The mix of players from around the cricketing world is what has worked wonders in making it popular not only in India but also other cricket loving nations. But the most important thing about the IPL is that it has managed to attract even the non-regular cricket followers to watching the game in its new 'avatar'.