Indian Premier League - The Billion Dollar Baby

Initially the Indian Premier League was started byastonishing amount of $1 billion for the next ten
BCCI to oppose the Indian Cricket League started byyears.
the Zee Network. But now it has reached to a heightThe actual craze started after the auction for the
where the Indian Cricket League is no where in frontPlayers where the owners of the Franchises
of the Indian Premier League.auctioned for the players. The highest amount in this
Initially the craze for the Indian Premier Leagueauction was for Indian team Captain Mahendar Singh
started during the auction conducted for theDhoni who was successfully bid by the Chennai Super
franchises. Top Industrialists like Mukesh Ambani,kings for an amount of $1.5 million. The second
Vijay Malaya and Celebrities like Shah Rukh Khan,highest amount was for Andrew Symonds, Australian
Preethi Zinta participated and successfully won theAll-rounder who was successfully bid for $1.35 million
bids.by the Deccan Chargers.
The highest amount in this auction was for MumbaiRecently the Umpiring rights for the Indian Premier
team which was bid for $111.9 million by the relianceLeague were auctioned and they were successfully
group chairman, Mukesh Ambani. The second highestbid by the Kingfisher group chairmen, Vijay Malaya
amount was for the Bangalore team which was bidfor an amount of $106 million.
for $111.6 million by the liquor King Vijay Malaya.Recently the Indian Premier League teams names are
The TV rights for the Indian Premier League wereannounced and all the franchise owners are excited
grabbed by the Sony and world sport group for anabout this.