Indian Premier League (IPL) is professional Twenty20 cricket league created and promoted by BCCI. Launched in April 2008, IPL started with eight teams, each with 16 players. The IPL works on a franchise-system based on the American style of hiring players and transfers. These franchises were put for auction, where the highest bidder won the rights to own the team, representing each city.
| Team Name | City | Owner(s) | Price |
|---|---|---|---|
| Chennai Super Kings | Chennai | N. Srinivasan (India Cements) | US$91 million |
| Delhi Daredevils | New Delhi | GMR Group | US$84 million |
| Kings XI Punjab | Mohali (Chandigarh) | Preity Zinta, Ness Wadia (Bombay Dyeing), Mohit Burman (Dabur) Karan Paul (Apeejay Surendera Group) |
US$76 million |
| Kolkata Knight Riders | Kolkata | Shahrukh Khan (Red Chillies Entertainment) Juhi Chawla, Jay Mehta |
US$75.09 million |
| Mumbai Indians | Mumbai | Mukesh Ambani (Reliance Industries) | US$111.9 million |
| Rajasthan Royals | Jaipur | Lachlan Murdoch (Emerging Media) Shilpa Shetty, Raj Kundra |
US$67 million |
| Royal Challengers Bangalore | Bangalore | Vijay Mallya (UB Group) | US$111.6 million |
| Sunrisers Hyderabad | Hyderabad | Sun TV Network | US$159 million |
IPL Teams Not Playing Now
| Team Name | City | Owner(s) | Price |
|---|---|---|---|
| Kochi Tuskers Kerala | Kochi | Kochi Cricket Private Ltd | US$333 million |
| Deccan Chargers | Hyderabad | Deccan Chronicle Holdings Limited | US$107 million |
| Pune Warriors India | Pune | Subrata Roy (Sahara India Pariwar) | US$370 million |
Contact Details
BCCI-IPL
4th Floor, Cricket Centre
Wankhede Stadium
‘D’ Road, Churchgate
Mumbai- 400020,
India
T +91 22 22800300
T +91 22 61580300
F +91 22 22800354
Official Website: http://www.iplt20.com
