Indian Premier League 2008 News

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Indian Premier League Cricket News January 2008

Gilchrist keen on Indian Premier League

Adam Gilchrist has confirmed his desire to be a marquee player in the inaugural Indian Premier League (IPL) and wants to entertain the same way his World Series Cricket predecessors did.
Gilchrist, 36, on Monday finished his 96th and final Test, as Australia and India drew the fourth Test at Adelaide Oval, and will retire from international cricket after the coming limited overs campaign. But he was unequivocal in his desire to play in the IPL, where his abilities as a wicketkeeper-batsman and marketing value will make him one of the star attractions in the mega-rich Twenty20 competition.
The IPL is set to run for six weeks from April 18 and although teams are yet to be selected or a schedule devised, the television rights recently sold for over $1 billion and the eight franchises have auctioned for over a combined $800 million. Despite the money available, Gilchrist said he wanted to be a part of the competition after realising how entertaining crowds had found Twenty20, just as fans did with the WSC SuperTests a generation ago.

Mukesh, Shah Rukh, Mallya win IPL bids

Top industrialists and Bollywood stars rode the cricket bandwagon as the big-ticket sport achieved a new meaning with unprecedented money pouring into the game that will be seen in a new professional garb called the Indian Premier League.
The likes of Shah Rukh Khan and Mukesh Ambani, the reigning deities of India’s film and business world, led a rush of more than $718 million as bidding fees for the eight teams on offer. The Board of Control for Cricket in India holds complete rights to the newly-established league, the entry to which will cost each winning bidder 10 per cent of the money they offered at the auction in Mumbai today. Even as elder brother Mr Mukesh Ambani, India’s wealthiest man and chairman of Reliance Industries, the country’s biggest company, picked up the prized cherry ~ the Mumbai team ~ younger sibling and marathon enthusiast Mr Anil Ambani’s Reliance ADAG Group was among the three losers from the 11 companies that entered the fray to own the eight teams in the league.
The big bucks flowing into the game were an indicator of how the centre of gravity of the game has shifted from Lord’s, traditional home of cricket, to the cricket maidans of Mumbai and Kolkata. The three losing bidders in the race for the Indian Premier League teams were the Reliance ADAG Group of Mr Anil Ambani, DLF and a Consortium led by Deutsche Bank, according to Mr Lalit Modi, vice-president of the Board of Control for Cricket in India. Mumbai’s film world entered the world of cricket sponsorship in style. Shah Rukh ~ in partnership with Juhi Chawla ~ won the bid for the Kolkata team, while Preity Zinta picked up the franchisee right for the team from Mohali in Punjab. The actress put in her bid of $76 million in association with friend Mr Nes Wadia of the Bombay Dyeing Group. "I will support cricket and not promote cricket, otherwise people will say I am promoting my films," said Shah Rukh, in a dig at those who had said that when he was spotted with the Indian team at the Twenty20 World Cup in South Africa. "If you come to my house, you will see all kinds of sports equipment and we (his family) keep on playing all kinds of sport," he added.
Earlier, three companies, Future Group, Sahara Hospitality and ICICI Ventures were disqualified from the bidding process. Mr Vijay Mallya of the UB Group admitted that he wanted the Mumbai team, but he was outbid by Mr Mukesh Ambani’s Reliance. Mr Ambani won with the highest bid of $111.9 million. Mr Mallya’s UB Group came a close second with $111.6 million for Bangalore. Deccan Chronicle put up the third highest bid of $107.01 million for the Hyderabad team, Ogilvy & Mather will be the advertising agency for IPL and Mindshare will do the media buying for the League, which will see an unprecedented media blitz. Having just bagged the bid for the Kolkata team, Shah Rukh said he would like to see Sourav Ganguly leading the outfit in the IPL. Shah Rukh, with Juhi and producer Mr Jay Mehta, won the bid for the Kolkata team for a whopping $ 75.09 million and said he would seek suggestions of experts before putting together a winning combination.

Sony bags IPL cricket rights for $1 billion

Sports management company World Sport Group (WSG), in association with broadcaster Sony Entertainment Television (SET) won the media rights for the Indian Premier League (IPL) for $1.03 billion (about Rs4,048 crore).
The matches would be telecast on Sony but the company would have the right to sell the permit to channels overseas. WSG has the telecast rights for 10 years, while the Sony deal initially is for five years.
The deal compares favourably with the $1.1 billion that broadcaster ESPN Star Sports paid for rights to all games organized by International Cricket Council from 2007 to 2115, including two World Cup matches. Nimbus Communications Ltd had previously paid the cricket board $612 million for broadcasting rights of all official international and domestic matches played in India for four years through 2010. The 44-day tournament, starting on April 18, will be played between eight teams, involving 59 matches and 177 hours of live content.

Ponting likely to join Indian Premier League

Australia captain Ricky Ponting said on Monday that he and up to seven other players from Down Under were likely to sign up for the Indian Cricket Board's new Twenty20 competition next year.
"There are a few things from what I saw in the contracts and everything that need to be worked out and smoothed over before all of us sign but I think it will happen," Ponting told the Australian Broadcasting Corporation. "It's a very lucrative thing at the moment and a very attractive thing for four to six weeks out of your year." Vice-captain Adam Gilchrist on Sunday became the first Australian player to confirm his participation in the league, ABC said.
The Board of Control for Cricket in India is trying to squash a rebel Indian Cricket League (ICL) series by setting up its own league, backed by the International Cricket Council and supported by boards around the world. Both set-ups have promised an array of world-class players, with the BCCI's Indian Premier League saying it has signed on Test captains Graeme Smith of South Africa, Daniel Vettori of New Zealand, Shoaib Malik of Pakistan and the entire Indian team. The best the ICL has managed so far are retired international stars, headed by West Indian great Brian Lara and Pakistan's Inzamam-ul-Haq, along with a slew of domestic has-beens.

Editor: Nishanth Gopinathan.