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This community is a forum for the discussion about the Indian Premier League.

The IPL initially started with eight teams and offered $3 million in prize money, making it the richest tournament in domestic cricket.
A sponsor wanting to have its team paid a stipulated fee to the BCCI to get ownership.

The first edition of the league took place in April 2008 and lasted for 44 days, involving 59 matches. The prize money for the league was around Rs 13 crore (US $3million).

The teams and their owners are as follows

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Mumbai - Mukesh Ambani
Bangalore - Vijay Mallaya
Hyderabad - Deccan chronicle
Chennai - India cements
Delhi - GMR Infrastructure
Mohali - Preity Zinta
Kolkata - Shah Rukh Khan
Jaipur - Emerging media
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