Indian Premier League History 2010, IPL Twenty20 Info

In 2007, Lalit Modi, Vice-President of the Board of Control for Cricket in India (BCCI) discusses with Andrew Wildblood of the International Management Group (IMG) in an English house about a different sporting event called IPL. In April 2008, the first IPL tournament was started. In February 2008, the auctioning of the players took place. The bidders are India’s richest and powerful people ranging from industrialists to the film actors. Some of the bids include – $1.5m for Mahendra Singh Dhoni, $1.35m for Andrew Symonds, $950,000 for the debute player Ishant Sharma. In cricket history, it has created a new wave. The opening ceremony was celebrated very grandly. And much to everybody's satisfaction, the cricket lived up to all prospects. The world witnessed the first ever Twenty20 competition played on a scale analogous to the largest events in sports history. The public's mind was catched even before Warne's Rajashtan Royals launched on their competition-defining run. In the next morning’s front pages, Bollywood stars such as Shah Rukh Khan, owner of the Kolkata franchise, and Preity Zinta, co-owner of the Kings XI Punjab were announced their franchisees, the early matches of the IPL fascinated a enormous television audience. After the big success of the debut tournament, news that the 2009 IPL would have to be played overseas was met with some confrontation. Viewers stayed captivated to the mega event from the opening ceremony to the closing festivals that saw the Deccan Chargers led by Gilchrist take top position. Mr. Modi said, "It's been a success thanks to the people of South Africa." The Indian Premier League has become very strong with its two early editions. The IPL has even prepared it to the fourth spot of the Forbes list of the world's newest sporting properties. The competition proceeds to India in March 2010 after its South African safari in 2009. The stage is set for a competition that is more compelling, stunning and versatile than ever before.