The Indian Premier League (IPL) is a league forTwenty20 cricket championship in India. It was initiated byLalit Modi, who served as the league's first Chairman andCommissioner, and the Board of Control for Cricket in India (BCCI), headquartered in Mumbai, Maharashtra[1][2]and is supervised by BCCI Vice President Rajeev Shukla,[3] who serves as the league's Chairman andCommissioner. It is currently contested by nine teams, consisting of players from around the cricketing world. It was started after an altercation between the BCCI and theIndian Cricket League.[4]
In 2010, IPL became the first sporting event ever to be broadcasted live on YouTube.[5] Its brand value is estimated to be around US$2.99 billion in fifth season.[6]However, the league has been the subject of several controversies where allegations of cricket betting, money laundering and spot fixing were witnessed.[7][8]
The Premier League is generally considered to be the world's showcase for Twenty20 (T20) cricket, which is the shortest type of cricket. A T20 match only has 20 oversper inning. Top Indian and international players take part in IPL, contributing to what is the world's "richest cricket tournament".[9]
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