essay of 150 words on IPL 2021
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The 2021 Indian Premier League, also known as IPL 14 or, for sponsorship reasons, Vivo IPL 2021,[1] is the fourteenth season of the Indian Premier League (IPL), a professional Twenty20 cricket league established by the Board of Control for Cricket in India (BCCI) in 2007. It is currently being played across six different venues in India.[2] Mumbai Indians are the two times defending champions, having won both the 2019 and the 2020 seasons.
On 30 January 2021, the BCCI announced that they were confident to host the tournament in India. They also said that the UAE wasn't being considered as a backup venue.[11] On the day of the auction, the BCCI also confirmed that Vivo had returned as the title sponsor, after pulling out from the previous tournament.[1] As of late February, the BCCI were considering to host the tournament in a few shortlisted cities, which included Kolkata, Delhi, Bangalore, Ahmedabad and Chennai, with Mumbai as an additional option.
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IPL♡
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The most significant USP of the Indian Premier League is that here the groups are run and handled by numerous business homes or Bollywood celebs. The owners of the teams went through a bidding procedure to purchase the teams and after that, the cricketers were likewise put up for auction. The management of the groups took part in the auction and quote for their preferred cricketers, with a view to make their group the greatest one amongst all others. Cricketers from around the world, including the Indian cricketers, were set up for auction. The BCCI, in fact, followed the format of England's most popular football occasion, the Barclays English Premier League (EPL) for governing the guidelines and policies of the Indian Premier League (IPL).
Right from the ownership of the franchises to the games themselves, IPL saw an interesting cocktail of Cricket, Bollywood and Business Barons. Individuals involved in purchasing these franchises were the whos who of Bollywood and Indian Business Houses. The winning prospective buyers for the 8 franchise business were proclaimed on 24 January 2008. The total base price for the auction was the US $400 million but the auction went on to bring the United States $723.59 million. On March 21, 2010, Pune and Kochi were revealed as the two new franchises for the fourth edition of the Indian Premier League. The base cost this time about was $225 million. While Pune was purchased by Sahara Adventure Sports Group for $370 million, the Kochi franchise was gotten by Rendezvous Sports World Limited for $333.3 million. The procedure was to have actually been finished on March 7 however was postponed by two weeks after many bidders and the BCCI objected to stiff financial clauses. The 2nd franchise auction fetched overall $703 million. This auction brought a great deal of attention towards the IPL for the supposed involvement of Union Cabinet Minister Shashi Tharoor. His involvement in attempting to tip the scales in favor of a particular consortium developed much furor in the media.
The IPL is predicted to bring the BCCI income of approximately US$ 1.6 billion, over a duration of 5 to 10 years. All of these incomes are directed to a central pool, 40% of which will go to IPL itself, 54% to franchisees and 6% as a cash prize. The cash will be distributed in these proportions till 2017, after which the share of IPL will be 50%, franchisees 45% and cash prize 5%. The IPL registered Kingfisher Airlines as the official umpire partner for the series in a Rs. 106 crore (1.06 billion) offer. This deal sees the Kingfisher Airlines brand on all umpires' uniforms and also on the giant screens during third umpire decisions.