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. 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.
As the second season of the IPL coincided with multi-phase 2009 Indian general elections, the Indian Central Government refused to provide the Indian paramilitary forces to provide security, saying the forces would be streched too thinly if they were to safeguard both the IPL and the elections. 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, took place in South Africa. Ironically, South Africa were also scheduled to have elections duing the IPL, however, the South African government provided adequate security for both the South African General Elections and the IPL.
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Franchise
Mumbai Indians
Mukesh Ambani (Reliance Industries)
$ 111.9 m
Royal Challengers Bangalore
Vijay Mallya (UB Group)
$ 111.6 m
Deccan Chargers
Deccan Chronicle(Venkat Ram Reddy)
$ 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 (Shahrukh 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
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