Who is the founder of IPL?

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Who is the founder of IPL?

Who is the founder of IPL: The Indian Premier League (IPL) is a professional Twenty20 cricket league that was established in 2008 by the Board of Control for Cricket in India (BCCI). The IPL is one of the richest and most popular sports leagues in the world, attracting some of the best cricketers and millions of fans. Here is an article on the origin and history of the IPL.

Meet Lalit Modi – The Founder of IPL

Who is the founder of IPL: The IPL was the brainchild of Lalit Modi, who was the vice-president of the BCCI at that time. Modi envisioned a cricket league that would combine the excitement of T20 format, the glamour of Bollywood, and the lucrative potential of sponsorship and broadcasting deals. He was inspired by the success of club football in Europe, especially the English Premier League, and wanted to create a similar model for cricket in India.

Who is the founder of IPL?
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Modi as the founder of IPL also wanted to counter the threat of the Indian Cricket League (ICL), a rebel league launched by Zee Group in 2007, which had signed some of the retired and current players from India and abroad. The BCCI did not recognize the ICL and banned its players from playing in any official tournaments. Modi saw an opportunity to create a more attractive and legitimate alternative to the ICL, with the backing of the BCCI and the International Cricket Council (ICC).

The Launch of the IPL

Modi announced the launch of the IPL in September 2007, and invited bids for eight city-based franchise teams. The auction was held in January 2008, and the franchises were sold for a total of $723.59 million. The owners of the franchises included major corporations, Bollywood stars, and media moguls. Some of the prominent names were Mukesh Ambani, Shah Rukh Khan, Preity Zinta, and Vijay Mallya.

The first season of the IPL was held from April to June 2008, with 59 matches played across 10 venues in India. The teams were named after the cities they represented, such as Mumbai Indians, Chennai Super Kings, Kolkata Knight Riders, and Delhi Daredevils. Each team had a mix of Indian and foreign players, with a limit of four overseas players in the playing XI. The players were selected through a player auction, where the franchises bid for their services. The auction was a huge success, as some of the world’s best cricketers became millionaires overnight. The highest bid was for Mahendra Singh Dhoni, who was bought by Chennai Super Kings for $1.5 million.

The first match of the IPL was played between Bangalore Royal Challengers and Kolkata Knight Riders at the M. Chinnaswamy Stadium in Bangalore on April 18, 2008. The match was a historic one, as Brendon McCullum of Kolkata Knight Riders scored an unbeaten 158 off 73 balls, the highest individual score in T20 cricket at that time. Kolkata Knight Riders won the match by 140 runs, the biggest margin of victory in T20 cricket at that time. The match was watched by a packed crowd and a huge television audience, setting the tone for the rest of the tournament.

However, Modi’s tenure at the helm of the IPL was marred by controversies and legal troubles. In 2010, he was suspended from the Board of Control for Cricket in India (BCCI) after being accused of financial irregularities in the IPL. This led to a series of legal battles and investigations, with Modi facing allegations of corruption, money laundering, and misconduct during his time as IPL commissioner.

Amid mounting pressure and legal challenges, Modi was eventually forced to resign from his position as IPL chairman in 2010. He fled to London, where he has since lived in self-imposed exile, avoiding extradition attempts by Indian authorities seeking to question him in connection with various charges.

Conclusion

Lalit Modi remains a polarizing figure, with opinions divided on his contributions to Indian cricket. While some view him as a visionary who is the founder of IPL and brought unprecedented commercial success to Indian cricket, others see him as a controversial figure whose tenure was tainted by allegations of corruption and malpractice.

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