Skip to content
Search

Latest Stories

Submit Guest Post

IPL set to dazzle again after a chequered decade

The 11th edition of the Indian Premier League (IPL) kicks off on Saturday with two reinstated teams and a new broadcaster in a fresh testament to its undiminished appeal to India's incurably cricket-obsessed masses.

Few expected the Twenty20 tournament to climb out of the morass of spot-fixing and illegal betting it descended into five years ago, which eventually led to bans on its Chennai Super Kings and Rajasthan Royals franchises.


The IPL not only survived but its brand value actually grew to an estimated $5.3 billion, according to New York-based corporate finance advisory firm Duff & Phelps.

Last September the league sold its media rights to Star India for $2.52 billion, the biggest television deal the game has seen.

"This is perhaps what makes the IPL brand what it is," cricket historian Boria Majumdar said of the league's robust financial health.

"Controversies notwithstanding, cricket continues to be of the very highest quality and retains centre stage.

"Also, in the IPL India wins every day. There is no uncertainty that an Indian team might or can lose and it will be all doom and gloom thereafter.

"This is what draws fans to the IPL every single day year after year," said Majumdar whose new book, Eleven Gods and a Billion Indians, will be released by India and Royal Challengers Bangalore captain Virat Kohli on Saturday.

Sponsors are naturally keen to play ball.

"As sponsor, and we spend money for publicity," said Mahesh Gupta, chairman of Kent RO Systems.

"IPL is a platform which has the widest reach and quickest reach. It gives you the best return on investment. So we invest there."

The water purifier brand has come on board as the title sponsor of Kings XI Punjab franchise and plans to spend 500 million rupees ($7.69 million) on promotion during the IPL.

Gupta said the sponsors are aware of the past scandals but believe the league had adequately addressed those concerns.

"There were issues and they were rightly examined. In any event you'd have good people and bad people but the good people have outnumbered the bad.

"Small issues cannot affect a bigger brand. It (IPL's brand value) has not been affected. It's become stronger and stronger and I think this season, with change in the broadcaster, it is looking even more attractive."

IPL's commercial success has inspired several franchise-based leagues even in other sports, while consolidating cricket's stranglehold over young athletes.

"It has made franchise cricket a lucrative career option. Not playing for India isn't the end of the world anymore," explained Majumdar.

"Playing well in the IPL allows a cricketer to be a star, get endorsements, get real serious money. It turns him into an overnight celebrity of sorts."

Chennai return to take on Mumbai Indians in Saturday's tournament opener featuring two IPL heavyweights who share five titles between them.

Rajasthan mark their comeback against Sunrisers Hyderabad on Monday with both teams forced into a late leadership change following Australia's ball-tampering controversy in South Africa.

Former Australia captain Steve Smith stepped down as Rajasthan skipper while David Warner relinquished Hyderabad captaincy following the scandal.

Cricket Australia have banned both of them for 12 months, while they have also been barred from this year's IPL.

Ajinkya Rahane will lead Rajasthan instead, while New Zealander Kane Williamson will skipper Hyderabad as the lone foreigner leading an IPL team in the April 7-May 27 tournament.

Add EasternEye As Your Trusted Source
preferred source on google news

More For You

UK government pub packaging waste fees

The government is changing packaging waste rules to tackle double charging on glass drinks containers supplied to pubs, restaurants and other licensed hospitality businesses

iStock

Government moves to cut packaging costs for pubs, restaurants and drinks businesses

  • Direct supplies of glass drinks containers to hospitality venues will be exempt from EPR fees from April 2027
  • A pub selling 10,000 beer bottles and 3,700 wine bottles could generate estimated annual savings of up to £870
  • Further reforms could reduce packaging fees for easily recyclable materials such as glass and paper

Pubs, restaurants and drinks businesses in Britain are set to receive some relief from packaging costs after the government announced changes to rules that have led to businesses being charged twice for recycling the same glass containers.

Under the new measures, glass drinks containers supplied directly by producers to pubs, restaurants and other licensed hospitality venues will no longer attract Extended Producer Responsibility (EPR) fees from April 2027.

Keep ReadingShow less