Indian Premier League

The Indian Premier League (also known as the "DLF Indian Premier League" and often abbreviated as IPL), is a Twenty20 cricket competition created by the Board of Control for Cricket in India (BCCI) and chaired by the Chairman & Commissioner IPL, BCCI Vice President Lalit Modi. The first season of the Indian Premier League commenced on 18 April 2008, and ended on 1 June 2008 with the victory of the Rajasthan Royals against Chennai Super Kings in the final at the DY Patil Stadium, Navi Mumbai.

Teams play each other two times in a round robin system, with equal number of home and away matches. The top four ranking sides will progress to the semi-finals.

The inaugural 2008 tournament started on 18 April 2008 in Bangalore and lasted for 46 days, with 59 matches scheduled, out of which 58 took place and 1 was washed out due to rain

Television rights and sponsorship
The IPL is predicted to bring the BCCI income of approximately US$1 billion, over a period of five to ten years. All of these revenues are directed to a central pool, 40% of which will go to IPL itself, 54% to franchisees and 6% as prize money. The money will be distributed in these proportions until 2017, after which the share of IPL will be 50%, franchisees 45% and prize money 5%.
-------------------------------------------------

IPL 2011 is eagerly expected as IPL 2010 was a huge hit. IPL 3 had 8 teams playing against each other but IPL 4 would have 10 teams competing .This edition is going to be much different from other editions as we are going to miss Lalit Modi .
Season 3 was under the leadership of Lalit Modi , however Season 4 is going to be under the leadership of Chirayu Amin. He has already promised a bigger and better IPL and has promised to run it in a transparent manner. This year there was a lot of allegation of match fixing . BCCI and its pet Indian Premier League came under Income Tax raids.
-------------------------------------------------
IPL Season 4 is going to have...