IPL Full Form – What Is IPL, Definition, Meaning, Uses

IPL Full Form Friends, in this article, we’ll look at the full form of the IPL. The Indian Premier League (IPL) is a T20 tournament. This league is held once a year. This league includes teams from several countries, notably India. Indian towns or states are represented by IPL cricket teams. These teams are the only ones who play in the entire league. The club that wins the most games advances to the final.

IPL Full Form

IPL full form is “Indian Premier League” in full. Because the IPL Tournament is known as the Maha Kumbh of Cricket, it is also known as the Maha Kumbh of Cricket. Because the IPL includes players from countries other than India. When this competition takes place in India in the months of April and May, it appears that the entire cricket world is watching India. Let’s gather some more broad information about it now.

IPL: Indian Premier League

IPL Full Form
IPL Full Form

Initiation of the IPL

The IPL was founded in 2007 with the help of Entertainment Enterprises. To deter players from joining the IPL, the BCCI boosted prize money in domestic competitions and banned players for life from playing in the IPL, which the BORD considered a Balinese league. After that, in 2008, Lalit Modi requested that the BCCI organize a T20 match. The Indian Premier League was then introduced by the BCCI.

Prize money for the IPL

According to the overall prize pool for the 2015 IPL season. The winning team received 40 crores, the runners-up received 15 crores, and the fourth-place team received an additional 8 crores. Others may refuse to give the team any prize money. The players should each receive half of the prize money.

Television coverage of the Indian Premier League

The Indian Premier League, a Singapore-based world sports group, was unveiled on 17 January 2008 by India’s Sony Entertainment Television (SET Max). That’s a total cost of $1,026 billion over ten years from Sony Television. cooperated. From 2008 to 2012, 9 percent and 75% of prize money were handed to franchisees as prize money, following which IPL would go to customers and list its shares.

IPL regulations – IPL Full Form

  • According to the IPL rules, a team can recruit players in five ways: signing players, signing domestic players, debuting players, and substituting signing. The annual auction is held by the IPL.
  • A team of sixteen players, a physiotherapist, and a coach is chosen. The final four international players are chosen when the team is formed. The 14 Indian players who will compete in the final must be included in each team.
  • The BCCI has selected six players from the Under-22 age group. At least one player should be on each team.
  • The Board of Control for Cricket in India (BCCI) is changing many rules of the Indian Premier League (IPL) (BCCI). In the next edition, the BCCI is considering introducing the ‘Power Player’ rule. The team can change the player at any moment throughout the match, after the wicket has fallen or after the over has ended, according to this rule. The IPL Governing Council meeting can make the final decision.
  • Teams will have to choose 15 players instead of the last 11 under this rule. So that if there is a need to swap players, the ‘Power Player’ can do so.

In the IPL, there are rewards – IPL Full Form

The Board of Control for Cricket in India (BCCI) has reduced the fee of the Indian Premier League (IPL). The winning and runner-up teams’ prize money has been cut in half. In comparison to 2019, this deduction has been made. Previously, the IPL winner team was awarded Rs 20 crore in prize money; currently, the winning team will be awarded Rs 10 crore.

The IPL runner-up squad was granted Rs 12 crore 50 lakh, which would now be reduced to Rs 6 crore 25 lakh following deductions. Each of the two losing teams in the qualifiers will now receive four crores 37 lakh 50 thousand rupees. The state hosting the IPL match will receive one crore rupees, of which the BCCI will contribute 50 lakh rupees and the franchise will contribute 50 lakh rupees.

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