On February 20, 2008 the birth of a billion dollar baby occurred in form of Indian Premier League in India.This new venture of mixing business with sports is all set to rock and roll not only the existing players but also to the ones which have just started the cricketing classes.Never before in history of cricket such a huge amount had been spent or raised on a single day.On that day a total of $37.63 million was spent on 77 players by the big cash machines of Indian Industry including Vijay Mallya, Preity Zinta Shahrukh Khan , Juhi Chawla and many more.

Board of cricket control in India or the BCCI has again showed the whole world why are they considered to be the best managing boards when it comes to cricket.Out from no where, this unique idea has made not only the board richer but has also made the parents think seriously about this buddying prospect for there children.With that kind of money involved, now the parents will be more than happy to send children to play cricket.

BCCI:Earning Money From All Corners

The BCCI has earned more than $1.8 billion from mid January even before a single ball being balled.This money is from television rights and franchise auctions.The deal with Sony Entertainment Television and World Sports Group is expected to earn $ 1.026 billion over the next 10 years which is slightly less than $1.1 billion which the ICC ( International Cricket Counsel) will get in next 8 years from ESPN who own the rights covering Two World Cups, Champions Trophies and Twenty20 competitions.
This Billion Dollar Baby – IPL has made BCCI in the top 170 corporate entities in terms of revenues.

RETURN ON INVESTMENT

REVENUES

80% of TV revenues in years 1-5, and 60% in years 5-10

60% of sponsorship revenues through 10 years

Gate revenues

Franchisee shirt sponsorship

Local Sponsorship

Licensing programme

Uniform merchandising

IPL title sponsorship

4-6″official platforms

IPL team uniform supply

Apart from these, there are ample more opportunities to milk out the cash cow ie IPL

In the second round of auctions  for ndian Premier League (IPL) Australian all-rounder James Hopes  topped the bidding and was purchased by Mohali for a whopping $US300,000. James Hopes has played only  28 one day internationals and three Twenty20 matches for Australia but the performance against India helped him earn this much

Other Australian players who were auctioned today were : –

1) Shane Watson bought by Jaipur for $US125,000.

2) Luke Pomersbach was bought by Mohali for $US50,000

3) Brett Geeves  was bought by Delhi for $US50,000

Banalore also bought two players today.These were Pakistani Misbah-ul Haq  who was bidded  for $US125,000 and New Zealand batsman Ross Taylor for $US100,000.

Pakistan’s premier batsman Mohammad Yousuf did not find takers but will get a retainer being paid for all contracted players with the Board of Control for Cricket in India (BCCI).

Rajasthan Royals will represent the city of Jaipur and the state of Rajasthan in the Indian Premier League [ IPL].It is owned by Emerging Media Group consisting of Manoj Badale, Lachlan Murdoch, Suresh Chellaram with Fraser Castellino as the CEO.The home ground is Sawai Mansingh Stadium.

Name And Logo Of IPL Rajasthan – Rajasthan Royals

Coaches:
* Head Coach – Shane Warne
* Physiotherapist – John Gloster

For Franchise Details of Rajasthan Royals Click Here

Players Of Rajasthan Royals

IPL Mohali is the IPL team which will represent Mohali in the Indian Premier League.The Franchise is owned by Preity Zinta, Ness Wadia, Karan Paul and Mohit Burman.

Name And Logo Of IPL Mohali – Kings XI Punjab

Coaches:
* Head Coach – Tom Moody

For Franchise Details of IPL Mohali Click Here

Players Of IPL Mohali

Kolkata is being represented by IPL – KOLKATA in the Indian Premier League.Its owners is King Khan’s that is Shahrukh Khan’s Red Chillies Entertainment in partnership with Juhi Chawla and Jay Mehta.Sourav Ganguly is the icon player and will lead the Kolkata franchise.The home ground is one of the most beautiful cricket stadiums –  Eden Gardens

Name And Logo Of IPL Kolkata – Knight Riders

Coaches:
* Head Coach – John Buchanan
* Physiotherapist – Andrew Leipus

For Franchise Details of IPL – Kolkata Click Here

Players Of IPL – Kolkata