The Indian Premier League (IPL), officially called the Vivo Indian Premier League, is a glitzy and glamorous professional Twenty20 Cricket league in India which started in 2008. There are eight teams representing eight different Indian cities, namely Delhi Daredevils, Mumbai Indians, Kolkata Knight Riders, Chennai Super Kings, Sunrisers Hyderabad, Royal Challengers Bangalore, Kings XI Punjab and Rajasthan Royals. The league was founded by the Board of Control for Cricket in India (BCCI) and was a brainchild of Lalit Modi. The league, in its 10 years of existence, developed into the world's biggest and the richest T20 league. IPL also has an exclusive window in International Cricket Council's Future Tours Programme. The format of the league is divided into two halves - Round Robin and Qualifiers. Each of the eight teams will play each other twice in a home and away round robin format in the league phase. After the end of the league phase, the top two teams from the league phase will play against each other in 1st Qualifier for a place in the final. However, the team which loses in the 1st Qualifier will get another chance for the IPL by playing the second qualifying match (Winner of the Eliminator match between third and fourth place teams). The winner of the second qualifier will play the final match against the winner of the first qualifier.
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The 38-year-old retired from all forms of cricket at the Feroz Shah Kotla Stadium in the T20 match against New Zealand.
A franchise can secure a maximum of three capped Indian players and a maximum of two overseas players.
The IPL Governing Council also hiked the salary budget of the franchises from Rs 66 crore to Rs 80 crore for the next year's auction.
The order against BCCI came after CCI found the cricket body using its dominant position for imposing restriction that deny access to the market for organisation of professional domestic cricket league or events.
In the meeting between the BCCI and franchise owners, there was a split over the issue.
Rajasthan Royals have made a suggestion to do away with retention policy as well as Right to Match (RTM) while Kings XI Punjab wanted the retention policy to stay at two players.
The meeting witnessed top management representatives or owners of all the eight original teams voicing their opinion.
Daredevils chief executive Hemant Dua confirmed that the former India fast bowler who was present right from the start will no longer be a part of the franchise.
The Rising Pune Supergiants and Gujarat Lions that replaced Chennai Super Kings and Rajasthan Royals will not be part of the new IPL season.
The proposal if accepted will mean that Dhoni, who played for Rising Pune Supergiants in the last two editions, will be retained by CSK.
The 42-year-old also rejected speculations of joining the England camp as the bowling coach for the first three Tests of Ashes series in Australia this summer.
The official revealed that the agreement like the one between the BCCI Star India attracts a stamp duty of 0.5 percent of the total value.
The Kings will be coached by former New Zealand skipper Stephen Fleming while Faf du Plessis will, in all likelihood, be named captain.
For India broadcast bid, Sony's singular bid was Rs 11,050 to Star's Rs 6196 crore.
At USD 512 million, the annual media rights of three cricket boards including the BCCI, ECB and Cricket Australia combined is at par with what IPL commands (USD 508 million).
Star India made a single consolidated offer for rights worldwide, which includes India broadcast, India digital and the rest of world broadcast and digital.
IPL Media Rights Auction: There are predictions that BCCI could be richer by more than Rs 20,000 crore through their earnings from the rights.
The bidding for various media rights auction of the cash-rich league for a five-year period from 2018-2022 will take place in Mumbai on Monday.
Harmanpreet, whose memorable 171 not out in the World Cup semifinals against Australia took India to the finals, said she would want a women's IPL to begin soon in India.
The apex court did not consider the plea of BJP leader Subramanian Swamy that the ongoing tendering process for awarding media rights for the IPL events be stayed and e-auctioning directed.
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