DLF IPL Season 5 reviewIndian Premier League (IPL-5)
IPL 5 flagged off in the light of a tough year for Indian cricket.http://188.8.131.52/elements/img/article/638x359/skynews_712333.jpg
The year witnessed the decline in the viewership of Indian cricket matches, hitting the popularity of IPL matches too.http://3.bp.blogspot.com/- http://184.108.40.206/di/url/news/fw/520x500/stories/2011/mar/30/photo_1301510888127-4-0.jpg
Advertiser’s bets hedged as they backed out of IPL this year.http://jagopunjabjagoindia.com/wp-content/uploads/2012/01/Dhoni.jpg http://i.telegraph.co.uk/multimedia/archive/02125/sachin-pb0_2125281b.jpg
The telecom companies continue to launch new IPL campaigns like Vodafone, Airtel, Idea and Aircel new campaigns on air.http://telecomtalk.info/wp-content/uploads/2009/04/aircel-kon-dega-man-of-the-match-contest-telecomtalk.jpg http://telecomtalk.info/wp-content/uploads/2009/05/idea-cricket-campaign.jpg http://telecomtalk.info/wp-content/uploads/2011/05/Vodafone-SUPER-WEEK-4-FREE-Access-To-Cricket-Mobile-
The opening ceremony lacked the spark and spirit of cricket. It turned out to be tacky and boring. http://static.cricketnext.in.com/pix/sitepix/04_2012/iplceremonyafp.jpg
The cheerleaders who were supposed to add extra fervor and spice to on field action have been dressed poorly and dance absurdly.http://images.idiva.com/media/photogallery/2012/Apr/ipl_5_cheerleaders_2012_600x450.jpg
The teams are not able to build a solid fan base. The IPL model is built on city vs. city rivalry with the initial editions of IPL being successful at it. But now this model seems to vanish with shifting of players. http://www.cricketworld.com/media/images/a/87488_dubaifanswin.JPG
Quality of cricket is an issue. No matter how well foreign players play, the Indian players will be able to draw the eye balls.http://www.bcci.tv/bcci/bccitv/modules/includes/content/ROOT/images/article/sehwag-dravid-640x357_10032012.jpg
Will the restLet’s wait and watch! of IPL 5 matches share the joy and passion of cricket?http://www.thecricfanclub.com/uploads_admin/wallpaper/timb/download-ipl-5-free-wallpaper-in-hd-quality-for-desktop,-211.jpg
DLF IPL 5’s inaugural match was held in the home ground of the chivalrous champions, Chennai Super Kings, MA Chidambaram Stadium on April 4, 2012http://www1.pictures.gi.zimbio.com/New+Zealand+v+India+1st+Twenty20+International+jrESoK3Tk-rl.jpg
Let’s take a look at the IPL 5’s teamshttp://www.abc.net.au/news/image/2663562-3x2-940x627.jpg
Kochi Tuskers Kerala, which entered in 2011 season, is dissolved by BCCI for breaching its terms of agreement and now IPL 5 will have 9 teams playing two matches against each other on the leaguehttp://stylerockz.com/wp-content/uploads/2012/02/ipl-4-auction.jpg
A sneak peek into DLF IPL 5 Schedulehttp://3.bp.blogspot.com/--tD46fYnBJc/TZ381ZFWgpI/AAAAAAAAlf4/uqnLyU8ISaw/s800/World%2BCup%2B2011%2B-%2BBeautiful%2BCricket%2BFans%2B%25286%2529.jpg
Thumbs Up to cricket fever this IPL 5 Season!http://i53.tinypic.com/15q7o2h.jpg
Introduction Indian Premier Leagues origin is quite interesting. IPL has been launched in response to the rebel Indian Cricket League (ICL) launched by Zee Group. Itall started when Lalit Modi, the Vice President of the Board of Cricket Control in India (BCCI) envisioned the Indian Premier League. Itis created along the lines of club football in Europe, specifically the English Premier League.
How does IPL make money? Auction of broadcasting rights. Title sponsorship and corporate sponsorship. Sale of tickets (20% of tickets allocated to IPL). Auction of franchisees rights. Official Umpire’s sponsorships.
What are the sources of income for an IPL Franchisee (ROI)? Share in revenue from broadcast rights (equal share for all franchisee after IPL’s share). Share in sponsorship money (60% of the amount distributed equally). Share in revenue from sale of tickets. Revenue from in-stadium advertising. Sale of players to other franchisees. Revenue from own sponsorship and corporate sponsorship.
How is the IPL income distributed? Share of broadcasting money with franchisees. Share of sponsorship money with franchisees. Share of ticket money with franchisees. Inauguration expenses. Prize money: $5 million ($3 million for winner; $2 million divided among others).
How is the Franchisee income distributed? Franchisee fees – 10% of total franchisee costs every year to IPL. Players’ cost (Each franchise have paid around $4-6 million per year). Match fees and Inauguration expenses. Rent of stadium (expense of around Rs.2.5mn per match). Marketing and promotional cost (around $3-4mn per team). Fee for coaches, physiotherapists and other members. Administrative cost.
Taxation To be Accrued as Tax Deducted at Source (TDS) from the remuneration paid to players, umpires, coaches, commentators Advertising, marketing and consultancy services of the sporting extravaganza will be taxed under the service tax bracket Rs 91 crore as taxes (TDS) from the IPL 2008, while IPL 2009 hosted in South Africa had fetched a “few crores” as income tax accrued from the BCCI (the organiser) Expected to rake in more than Rs 200 crore as taxes in IPL 2010 Source: Deccan Herald (Print media) March ‘09