IPL (cricket)
Official IPL logo
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| Countries |
 India
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| Administrator | IPL Governing Council, BCCI |
| Format | Twenty20 |
| First tournament | 2008 |
| Last tournament | 2017 |
| Next tournament | 2018 |
| Tournament format | Double round-robin league and Playoffs |
| Number of teams | 8 |
| Most successful | Mumbai Indians (3 titles) |
| Most runs | Suresh Raina (4540) |
| Most wickets | Lasith Malinga (154) |
| TV | List of broadcasters |
| Website | iplt20.com |
 2017 IPL season
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The Indian Premier League (IPL), officially Vivo Indian Premier League for sponsorship reasons, is a professional Twenty20 cricket league in India contested during April and May of every year by teams representing Indian cities. The league was founded by the Board of Control for Cricket in India (BCCI) in 2007, and is regarded as the brainchild of Lalit Modi, the founder and former commissioner of the league. The current IPL title holders are the Mumbai Indians, who won the 2017 Indian Premier League.
The IPL is the most-attended cricket league in the world and ranks sixth among all sports leagues. In 2010, the IPL became the first sporting event in the world to be broadcast live on YouTube. The brand value of IPL in 2017 was US$5.3 billion, according to Duff & Phelps. According to BCCI, the 2015 IPL season contributed ₹11.5 billion (US$182 million) to the GDP of the Indian economy.
The Indian Cricket League (ICL) was founded in 2007, with funding provided by Zee Entertainment Enterprises. The ICL was not recognised by the Board of Control for Cricket in India (BCCI) or the International Cricket Council (ICC) and the BCCI were not pleased with its committee members joining the ICL executive board. To prevent players from joining the ICL, the BCCI increased the prize money in their own domestic tournaments and also imposed lifetime bans on players joining the ICL, which was considered a rebel league by the board.
On 13 September 2007, the BCCI announced the launch of a franchise-based Twenty20 cricket competition called Indian Premier League whose first season was slated to start in April 2008, in a "high-profile ceremony" in New Delhi. BCCI vice-president Lalit Modi, said to be the mastermind behind the idea of IPL, spelled out the details of the tournament including its format, the prize money, franchise revenue system and squad composition rules. It was also revealed that the IPL would be run by a seven-man governing council composed of former India players and BCCI officials, and that the top two teams of the IPL would qualify for that year's Champions League Twenty20. Modi also clarified that they had been working on the idea for two years and that IPL was not started as a "knee-jerk reaction" to the ICL. The league's format was similar to that of the Premier League of England and the NBA in the United States.
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