Indian Premier League is a league based professional
cricket twenty20 tournament played in India. Each team plays every other
team twice (home and away) and top four teams in the end of the league
format will compete in the Knockout stages of the tournament. IPL was
originally founded by former Vice President of BCCI Lalit Modi in 2008.
Later in December 2010 the Board of Control for Cricket in India (BCCI)
took over from him because of allegations and is now supervised by
Rajeev Shukla – Vice President of BCCI. DLF Group was the official
sponcers of the lucrative cricket tournament for the first five seasons.
In the end of the 5th season naming rights for the series was awarded
to Pepsi Co Ltd.
The tournament is played in the Indian summer between
April and May. Initially there were 8 city based teams including
Chennai Super Kings, Delhi Daredevils, Hyderabad Deccan Chargers, Kings
XI Punjab, Kolkata Knight Riders, Mumbai Indians, Rajasthan Royals and
Royal Challengers Bangalore. In 2011 two other new franchise teams were
included they are Kochi Tuskers Kerala and Pune Worriors. Later in 2012
season Kochi team was excluded from the IPL. Deccan Chargers franchise
was sold to The Sun Network in 2012 and the team will compete as
Sunrisers Hyderabad in the 2013 tournament.
FORMAT:
Between 2008 and 2010 eight teams played every other
team twice one at home stadium and other at opposition's stadium. At the
end of league state the top four teams play the semi finals and winners
of the semi finals played in the finals. In 2011 play- off system was
introduced to determine the 3rd place and the top three teams were given
the chance to compete in the Champions League T20 tournament.
CHAMPIONS:
| SEASON / YEAR | CHAMPIONS | RUNNERS |
| IPL I 2008 | Rajasthan Royals | Chennai Super Kings |
| IPL II 2009 | Deccan Chargers | Royal Challengers Bangalore |
| IPL III 2010 | Chennai Super Kings | Mumbai Indians |
| IPL IV 2011 | Chennai Super Kings | Royal Challengers Bangalore |
| IPL V 2012 | Kolkata Knight Riders | Chennai Super Kings |
| IPL VI 2013 | Mumbai Indians | Chennai Super Kings |
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