How does ipl franchise earn money

How does ipl franchise earn money

Author: MaxiK Date of post: 02.06.2017

Midway into season three of the Indian Premier League, the dollar signs have got larger, the hype louder and the gossip and side stories even more complicated. This year's tournament has been almost taken over by the numbers being discussed for next year and the drama being anticipated as the IPL jumps orbits from eight teams to Two new franchises were sold on March This would include money spent on direct hiring, retaining some of the players contracted for the first three seasons - subject to rules to be framed by the IPL council - and buying new players at a razzmatazz sequel to the inaugural auction in Mumbai in February What does all this mean for players, franchise owners and for ordinary cricket fans - if they can decipher the IPL's manic deal-making anymore?

In the first place, are the massive bids by Sahara and Rendezvous realistic? The figure could change if the Indian economy grows exponentially and the IPL business model reaches even greater heights, and if the new teams pull in generous sponsors. Yet operational losses of a considerable nature are almost guaranteed in the near term. So what makes an IPL franchise worth all the money? It is a combination of business and an ego trip.

Whether it is football clubs in England or baseball teams in the United States, the decision to purchase a sports team is not always a rational one, driven by profit-loss calculations alone.

how does ipl franchise earn money

Often well-heeled individuals or businessmen do it to announce their arrival. When their fortunes decline, they sell to the next billionaire, from the next sunrise industry. The fact that supply is limited - there will only be a finite number of football clubs or IPL franchises - keeps demand robust. Yet there is also a strong element of business. Some of the better-managed IPL franchises are beginning to turn the corner, though not quite make huge money yet.

They are exploiting a strange paradox in India. The Indian economy is today large enough to support and sustain more than one sport. Even so, India remains fundamentally a one-sport society. This means advertisers, sponsors and team-owners are simply over-invested in cricket. Nevertheless, whatever the public claims of IPL stakeholders, in private, franchise officials offer very modest assessments of profits - if they offer any assessments at all. True, every franchise has gained from the surge in central revenues - revenues that accrue to the IPL as an institution and are divided between the League authority and the participating teams.

Yet, ineach franchise's share of central revenue will change from 7. In the coming 12 months, the single largest source of income for many of the current franchise owners may well be from the sale of equity. Everybody is looking for the right fit. How do you sell a business that is not making money or is barely in the black? This is a function of Twenty20 cricket's two Vs: You tickle the potential buyer's vanity and excite him with the option of owning or owning a part of an IPL team.

Second, you maximise that silly game called valuation. Pune and Kochi have set the benchmark on what a virgin franchise is worth. A franchise that is already established, and has brand recall, city-specific identity, player and local endorsement associations and a certain fan base, could fetch more. In the end it will boil down to who bargains better and which valuation figure is deemed most credible. Dizzying numbers have done the rounds in recent times. It is sobering to understand that these are often notional figures, driven by what can only loosely be described as wild optimism.

A sports franchise's commercial value has little to do with on-field results, it is often contended. All this would seem a fair argument. The variation between Brand Finance and Intangible Business-MTI Consulting was as wide when it came to valuing other franchises. By all accounts, Rajasthan Royals is not the best-run franchise.

In contrast, both Mumbai Indians and Delhi Daredevils are credited with a solid management structure. Also, any cricket franchise in India's two largest cities is always going to have access to greater revenue streams than a team in Jaipur. How then can Rajasthan Royals have a brand valuation higher than that of Mumbai Indians and Delhi Daredevils?

At some point between now and season four, as franchise owners begin to sell or sell out, the IPL will have take off its billion-dollar glasses and read that googly. Other than paying their licence fee to the IPL, they will have to spend enormous amounts on brand building, and recruitment of players and support staff. The eight other teams have had a three-year headstart. They will almost inevitably be allowed to retain subject to mutual agreement some of their current stars.

If the new franchises want to buy out these marquee players, the wage bill will go up that much further. Indeed, the biggest gainers are going to be the players. That was what MS Dhoni of Chennai Super Kings was promised.

Here’s how IPL franchises make money | Business Insider India

InKevin Pietersen Bangalore Royal Challengers and Andrew Flintoff Chennai Super Kings were auctioned for a bit more, but neither has played an entire season.

It is also clear that the highest-paid cricketers, by a fair amount, will be Indians. Again, there are two reasons for this. First, as an IPL team manager says, "It is apparent a franchise's brand identity is determined by local players, especially among Indian or Indian-origin audiences. To them, this is not the priority format of the sport. The second reason is pure demand and supply. As one franchise official explains, "Ten teams will need 70 Indian cricketers.

If each player is to have a back-up, that means cricketers of some quality. Where do you have such reserves? For the October September period, the BCCI has offered central contracts to 40 cricketers.

This list includes Sachin Tendulkar and Suresh Raina, but also Abhishek Nayar, Ajinkya Rahane and Wriddhiman Saha - talented perhaps, but completely unproven at the international level. The best of the lot - Dhoni, Raina Chennai Super KingsYusuf Pathan Rajasthan Royalsamong other proven Twenty20 performers - could make multiples of millions. Even Manish Pandey Bangalore Royal Challengers and Manoj Tiwary Kolkata Knight Riders could be prized commodities. However, this will lead to a smaller pool of money being available for the foreign players.

Some of them may already be sensing the competition. IPL has been noteworthy in that cricketers such as Jacques Kallis Bangalore Royal ChallengersAndrew Symonds Deccan Chargers and to an extent even Matthew Hayden Chennai Super Kings are doing better so far than in previous seasons.

At any rate, they have appeared more purposeful. To some extent, this could be because they have finally got a hang of the IPL. It is more likely that they are taking the whole tournament much more seriously because they realise it's not a one-off, Allen Stanford type circus but in some senses the future of cricket, with real pay cheques.

Their performances this year - not the successes or failures of and - will decide how badly franchises will want them in the upcoming auction.

Particularly worried and vulnerable are players who are done with international cricket or are close to the end of their careers. Init is conceivable that all of them may have to settle for less.

The fact that there are simply so many foreign players competing for four slots per playing XI will not help. In the mini-auction ofthe Pakistani players realised the consequences of this when the franchises ignored them - fearing political tensions - and instead bought alternatives from New Zealand, the West Indies and South Africa.

Inthe Pakistanis will be back in contention. They will join a queue of non-Indian cricketers trying to break down the door and get into the IPL living room.

All this will make the foreign-player auction even more of a buyer's market. The same principle will probably hold true for some of the older Indian cricketers who are not quite built for Twenty VVS Laxman never does seem to be part of Deccan Chargers' plans. Rahul Dravid would patently be happier doing something else. The probable exception is Sachin Tendulkar. Sahara has indicated it wants him to captain its team and Tendulkar could trigger a bidding war between Mumbai Indians and the yet-unnamed Pune franchise.

The IPL has changed this game and its verities forever. I love watching IPL no doubt about that. But every time I watch a game I feel sorry for the bowlers and it gets me frustrated at how IPL is putting a dent in the quality of cricket that is being played.

Boundaries are being brought in and free hit for a No ballI feel IPL is creating a biased game of cricket just to raise its commercial value. I think the emphasis is purely on big hitting and big scores to sustain the viewers interest in the game but the fact that is being forgotten is that a good competitive game always is a great entertainment.

The article is clearly insignificant considering the IPL is in nascent stage. It will certainly take time for the IPL managementteam ownerbroadcaster etc to find out the best business model.

Like it or not IPL will find a way to make it profitable in its own way. You mentioned NFL ticket prices in relation to IPL ticket prices, and concluded that advertising was the main revenue source. However you failed to realize that the IPL advertising revenue which is based on viewership is actually similar to NFL than to MLB. That is to say: IPL games have a national viewership, just like NFL games, and thus command much higher advertising revenue unlike MLB or NBA which have only regional or city viewership.

When the Lakers when not in the finals or playoffs I didn't reallly care who played. Most casual sports viewers are like me. Bcuz of the lake of sports viewing options in India and other factors all IPL games get national audience. Superb article - hope to see more such articles that dissect the business of cricket in India. If a sought after player also performs well he would anyway get performance bonus. I agree with redneck.

Most people are just calculating present cash flows and are completely disregarding present worth of future cash flows. The first timers were risk takers, with future cash flow being just a paper calculation. Nobody here actually doubts the business acumen of Mukesh Ambani, do they? This will get clearer when franchises offload stakes bit by bit for humongous returns on investements. For example if someone like Gibbs plays for both Cape Cobras and Deccan, and if these two teams clash in the Champions league, which team is he obliged to select?

A gud attempt depicting the effect of money on IPL But it's not appropriate to say dat it's affecting the quality of cricket being played in any way Rather than in a country like India The pin pointing on IPL is just not correct as it is helping the game reach to a larger share of audiences which will surely result in the popularity of the game worldwide in years to come I really feel that IPL is a ggod business and player are not given respect what they should get.

Nice write up, stock brokerage firms omaha ne, Ashok is wildly off the mark w.

For me, Aussie cricketers have demonstrated their professionalism in the IPL as no one else has - with the exception of Ponting, who should have never signed up in the first place. Warne, Watson, Marsh, Warner, Hayden, Gilly and Symonds. IPL is overtaking good quality cricket. By that i do not mean that i like test cricket or vice versa. Now, i miss the shots played by dravid, sachin and laxman in the normal cirumstances.

Those beautiful cover drives and fine leg glances are replaced by slog sweeps and mongoose batted flat sixes. Same goes with the bowling, the fast bowlers bowling slow balls and spinners bowling quicker bowls. Hardly do we see, swinging deliveries.

how does ipl franchise earn money

The people are making each and everything possible out of ipl. Cricket can't be compared how does ipl franchise earn money football. Football is same all the way. But, the very soul of cricket is being murdered by a phenomenon named IPL. To be honest, i love IPL too, but there is a limit for everything and now IPL is exceeding hat limit. The author makes a valid point about the valuations, and the last time I remember the term "over-valued" used so blithely was before the dot-com bubble burst.

Regardless of which player is better suited for the format, it appears that most of them will make money, but if the sponsors and franchisees don't, will they come back? As for the quality of cricket - well, there is Maggi Noodles and there is gourmet food and I guess to each his own. Folks don't seem to td ameritrade forex reviews that the pie has just gotten BIGGER. The increase in no. And all the sponsors pay their respective fees on per match basis - increase in matches means increase in sponsorship fees.

Then in India the biggest savage model 110 aftermarket parts after broadcasting the on - air 3G content has not been explored yet, but this year3G spectrum auction will happen and by next year hopefully 3G services will role out - pie gets even bigger.

Merchandise has not really picked up as a viable revenue stream, this generally happens in latter part of franchise's lifetime - pie WILL get even bigger. I am running out of words but take my word for it there is enough for everyone and MORE. IPL is here to stay like it or not. Balaji, your point taken. There are about games in the baseball season for one team80 at home.

In IPL there are 16, 8 at home. Second issue is the market size. It is correct difference between iso and nonstatutory stock options the Indian population base is much larger than US.

IPL Business Model – How does IPL and it’s franchisees make money? – Yash Shinde's Blog

But the issue is not just the body count, but the spending power and willingness. Millions of rupees, yes, millions of dollars, unlikely. To me IPL is just like a movie that I can watch and have fun for some hours and what is business about IPL now it's on its boom so you cannot predict about the coming things.

how does ipl franchise earn money

To me it should have the flavor of every nationality leaving Pakistan out of it make it discriminatory league, leaving Top money earners in nascar out of a show will always have a question mark? If someone is going to decide his future on basis of thing that australian binary option trading platform system j25 for money only it will make life harder for the crazy ftp put command example windows loving cricket.

Passion for cricket is not involved in that type of business only passion for money is there I really appreciate the MCC decision not to take stake in that league. Comments are always comment you cannot force people to follow the mentality you have but same time If you have big followership than it might counts what you are saying.

I really feel that the author is disrespectful for a test legend like Laxman. Remember that Laxman rejected icon status. By doing this he already stated that he did not consider himself an new york stock exchange listing rules corporate governance in T So you need not disrespect him with such comments.

The only conclusion i can get to is that IPL is overrated and the cricket played is below standard we all saw what happened in the champions league This whole talk of the IPL currency rate of euro in pakistani rupees in the future is unlikely though, it will have to lose many foreign players to survive in the Indian market, the management is beginning to realize that.

To all who are worried, don't be. Pakistan needs to develop its own cricket league, not to rival the IPL, but one that caters to its own domestic market. New Zealand talent can play for Australia in the KFC Big Bash, and South Africa and England have their own leagues. The West Indies already has a good format in place and can build on it to attract cricketers from the region. Altogether, this will make the Champions League the tournament to watch internationally, knock out call optionsschein the IPL.

No IPL does NOT need to have any more than 4 foreign players each team or else it'd meet the same fate as ENGLISH Premier League, where sometimes there's not even a single ENGLISH player playing in a team. This results in England failing to even qualify for Euro Cup. INDIAN Premier League is to cot data forex trading India's youth and give them a cricketing platform where they get to play with and against best players and enhance their skills.

IPL's hugely successfull even in its 3rd year with just option price vs implied volatility foreign players in team and can't see any sensible reason for it to increase this cap. After Pakistan's diabolical performance in Australia with 10 defeats in a row, I'm not surprised they're not chosen and quite rightly so.

I wouldn't want someone to work for me, who's good for nothing. Besides, without Pakistani, IPL's drawing not just billion within India, but also millions of fans across the globe, expanding further next year, even reaching USA and soon to be a threat to EPL. Hardly see if IPL's the one losing out without Pakistanis. It's the Pakistanis who's losing out, for sure. Finally a serious article questioning the 'valuations'.

IPL is nothing but the west stockbridge houses for sale that's laying golden eggs T20 cricket being cut open and eaten up! And where's the bottom lines for the franchises? There's absolutely no transparency in their deals! The fact is that there's despearation all over - and smart ones KXIP are looking to sell out.

Just look at the way quests to make money maplestory have been sold - on TV, in-ground, in the air blimp - they've even fitted in ads within the over!

Modi and BCCI are raking the moolah. Franshises are cruched and are fooling sponsors. Look at the KKR sponsors - all brands endorsed by SRK! And all this for sub-standard cricket. IPL is a bubble folks! Wake up before it's too late! Here in Chennai the cheapest priced Rs. The tickets pollution stock market are now well over Rs.

Also, CSK has a following of probably 30 million people. That is many times over Milwaukee population. Interesting and well written article. It is to own the franchise period. However payment is made in 10 stock market uae instalments over 10 years! Probably one of the best values in sports anywhere in the world. Indian businessmen are know to be very "hard nosed".

I'm sure they've run the numbers. Forget about the franchise prices for now, I personnally feel that if the IPL doesn't increase its quota of international players allowed in each game then they may lose many very talented international players.

The last thing you want is for the international players to be only the ones that have retired from international cricket and for the IPL to turn into a primarily Indian Domestic League, this will lead to a decline in viewership internationally. I understand the market in India is huge, but the big pull of the IPL in my opinion is that it brings the best international cricketers on the same stage often playing against their countrymen. This also places a strain on the franchises because they pay huge sums for some of these players and sit them on the bench for the bulk of the season possibly sacrificing the performance of the team.

Pakistan is the only country to have made it to the World T20 World Cup final twice and are current Title holders, we all pakiz hate i. What IPL lacks is professional management. It is a franchise that service tax on forex in india developed on emotional basis and run on emotional basis. It is doomed to fail. If you carefully look at it, it is a sub-standard cricket which pays more money in 6 weeks than high quality international cricket can pay in entire year.

The teams are filled with ametures who do not have a lot of international cricket playing experience and international players that are retired. Adding more teams is another egomaniac approach to increase survivability of a business model that is doomed. Companies betting on these teams are investing on egoistic decisions. It is a bubble indeed. It is going to pop and investors of the nzd aud exchange rate live will be loosers.

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The only winners are the players who will make the money while the franchises last. In country like India, where Bollywood and Cricket are main source of entertainment, and the huge fan following for both film stars and Cricketers is all together a new story. I think EGO is getting bigger than the business sense in IPL.

However there is always an X-factor involved in turning an investment into lucrative business. As long as regionalism is running high in the veins, I believe the franchises will make money, provided the team has some cricketing brains as well.

Just on the basis of a hypothesis that bigger city should have larger valuation, author is discarding the calculations of professional evaluators. Nice one this time, Its very important for the franchise to buy the players who are available for the full tournament otherwise it doesnt have any sense to spent the money on the some of the players who are not fully available for the tournament.

One thing I like most is the your quote for the availability of indian players, teams have to focus on the buying of some of the finest indian players available because at the last they need 7 new york stock exchange listing rules corporate governance indian players to win the matches, the most anybody trading binary options optionsxpress example is the 3rd season stock market tableau the ipl where indian young players played well than the other overseas players.

The old one like Hayden, Kallis how stock brokerage is calculate in icici direct Gilchrist is not very good choice for any of the teams, but you doesnt say this for Tendulkar, because everyone wants him right now because of not houses to rent in stockton heath warrington his game only but he is very popular in india and new teams need him for better publicity of their team.

I think new teams are so much interested in buying him at any cost. WELL, ATLEAST IF I AM JUDGING RIGHT THAN YOU ARE NOT THE CEO OF ANY MARKETING GIANT I MEAN FOR THE FACT WE KNOW THAT THESE ARE ALL VERY WELL KNOW REPUTED BUSINESS PERSONS IN OUR COUNTRY.

And remember that this price tag is only for 10 years of ownership! Within 5 years, more than one franchise will fold, or will be sold at much, much lower prices.

Numbers do not add up. Remember that everything is driven by selling stuff. The highest revenue is from TV and other advertising. Advertisers will pay crores only if they are making profits in crores, and that will happen only if people are buying stuff worth tens of crores due to advertising.

Just 7 weeks of ads does not move that much product in India. India does not have the US-like consumerist buy-buy-buy culture, yet, but the franchise evaluations and the money being paid to people are at US level. In years, such numbers will be sustainable, but not now.

Very thorough and informative, explains the IPL Economics in detail, from investors' and players' view. I am wondering what are those dynamics from the sponsors view, starting with DLF. Since they contribute to this IPL ecosystem, to the extent of tagging each activity in IPL with the sponsor's name, It would be interesting to know their Pay off.

Over all, this is the best article on IPL as on date. As someone suggested on Page2 of cricinfo,they should simply give the trophy to the highest bidder. Ashok, one additional point: In all this, it is not just the franchaisees who are losing money.

Sony has not made any money cumulatively on this either. It is not surprising that the worthy who took this burden on Sony is no more with the company. There are a couple of puzzles in the mddlle of this all.

First, with all this money, silly cash as you call it, flying around, BCCI made only abt Rs 15 cr in 08 according to their accounts.

Why is it going thru such a lot for so little? Second, IPL has racjed up 7K insurance policies for various contingencies. The way they have insured beats any logic. For instance over 4. No of injuries this yr, after the policies, has been phenominalcompared to previous yrs. What hasn't been investigated fully is the merchandising capabilities of the IPL teams. This will only be a matter of time I guess as they build an international following through having the IPL free to air in places like the UK on ITV4 and free to all on YouTube.

For example the thousands of UK followers of IPL can't as yet simply go into their local sports store and buy a team jersey, caps, training gear, stickers, bags and with the right distribution network in place there are rich rewards to be had not only from Europe but also USA, Canada, Australia and Middle East. I think that in next years IPL auction players should also get a significant say in which frachises they want to go to.

I understand that "small-time" players who only have, for example, one year contracts, are lucky to be picked by an IPL team and should be happy to play for any team. But players, like Sachin Tendulkar, Shane Warne or Rahul Dravid, have really become the face of their respective franchises and it would seem odd to see them playing for another team.

I can't imagine Lasith Malinga bowling for Kings XI or Matthew Hayden batting for Delhi. While the article is right in most areas, I would disagree with the overseas player situation. Having watched alot of IPLit's clear that 4 good overseas make a massive difference to a side. Get the balance right and your halfway to winning the IPL.

Likewise, with 2 new franchises entering, they will be keen to buy the best of whatever is available - so for the right overseas I think bidding will be fierce. Not only will established stars be in demand, but those who have performed well in the IPL without the star billing tag - Shaun Marsh for example. The IPL should seriously consider raising the number of permitted international players per playing XI to 5 or maybe 6, to ensure the cricket is of a higher standard than it currently is.

If this is unabashed capitalism, nationalism should have less of a say in the matter. We in our villages used to play like this during our college days!! Its like another super - duper bollywood movie with actors in various colors. Its like GOVINDA's bollywood movie. Watch for 3 hours and forget what happened in that 3 hours.

I hope all this drama stops sometime in near future. Probably this is a way to amke black money into white For some people atlest!!

An Uglyhunk let us see Yusuf Pathan perform in T20 Internationals then I will be a believer. The process of naturalization and possibility of dual citizenship should be adopted by these cricketers to become 'Indian' cricketers Although it isn't quite as bad as the Internet bubble I don't expect Sahara and Rendezvous to make any profits even over years, given their ridiculous bids But as Ashok rightly says "the decision to purchase a sports team is not always a rational one, driven by profit-loss calculations alone.

Askok i am very impressed by your facts and economic sense Great article probably the first which actually explains the IPL. I think india doesnt have 'good cricketers' and i think there will be a time when money will win a competion.

Because if a team was to have the best of the indians i. A crisp and clear piece of investigative sports journalism that raises many questions which can'tor rather won't, be answered by those who can.

The brand valuation is plainly pie in the sky although I daresay the IPL supremo has some economics professors lined up to bolster his case. Again, the lack of transparency on the part of the franchises is staggering. Some of the franchises are owned by major corporates so how are they allowed to get away with this reticence regarding bottom-line performance. As for the teams owned by Bollywoodians and others such as the Kochi franchise owners everyone knows that profit or loss is not an issue when the colour of the money is questionable.

Finally, it does seem crass for a Union Minister to sit literally arm-in-arm with Lalit Modi, the same Minister who "facilitated' the award to one of the new franchisees. Madhavan, Moin, let's not get carried away with Yusuf vs Laxman. The fact is Yusuf is better T20 player and we are talking about IPL here. Talent is not just scoring runs in Tests. One also needs talent to score runs fast. So, give credit where it is due. I did some basic math and this is what I figured out.

Mumbai Indians Expenses Where is Sahara going to recoup it humongous costs? Unless the gate receipts go up I don't see a possibility of any of the franchisees going in black. Wonderful and very informative article. Ashok not only thorws up the numbing figures but provides insight behind them.

War over sachin between billionaires will be something to watch out for. But the best thing IPL has done for indian markets is provide talented cricketers with a rich career alternative. Earlier these boys would be washed down the toilet of muddled and political favoring selction policies even for ranjit teams. Now if you have talent then it will get its due recognition. Also IPL will create lots of lucrative and rewarding job apportunity to indians and overseas pros in IT, marketing and many more fields.

And for the purist complaining of the advertisements and everything that is not cricket in ipl. I'd pay a dollar to watch the collapse-show of this charade. The post-apocalypse cricket team emerging from this, I bet ya, will be the first truly jingoistic world beating act from the bulwark of the sub-continent. Till then, the shilpa-preity aunty show continues Next year it will be even more awesome.

Assuming our neighbours are invited and the super-over gets replaced by a ball-chewing runoff, bidding wars will hit through the roof with teams vying for the most prolific ball-chewer.

Needless to state, the winning player gets an additional endorsement from Vicco Vajradanti and Colgate toothpaste The case will hold also for indian internationals. Sreeshanth could go to a base price for Kerala IPL team,if they intend to take him.

Same would be the case for Parthiv, Tiwary and others like them. There are some players who have proved conistently in last years like Yusuf Pathan, RainaManish Pandey, Pragyan Ohja, M Karthik, Naman Ohja,Dinesh Karthik could see a bidding war. I guess this time, they will be clear as to how to approach the auction. Bangalore has been the quick learner in 3 seasons, while chennai got away with in 2 seasons without bowlers, is now got napping.

Before the season finishesthey will learn a thing or two. The IPL has changed this game and its verities forever". Thats a very nice and well written article- I did wonder about return on investment in IPL. In a investors world, equity appreciation is always a lure, but seldom a reality. And frightening facts of the game itself- The talented would not be the best paid. Hit them hard and go with the cash Where else wud Yusuf pathan make more money than the talents of players like Rahul Dravid.

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Otherwise, we'll assume you are OK to continue. Account Information Log Out. There's a lot of silly money flying around in the IPL: Indian players will benefit, but it's a little more complicated for the franchises. TenRajesh on April 2, MasterClass on April 2,7: RonG on April 2,1: EuropeanSummer on April 1, Jiteendra on April 1,7: AlexDackard on March 31, AshokGupta on March 31, MasterClass on March 31,4: SnowSnake on March 30, Lovetesh on March 30, R on March 30, Sankara on March 30, Rake1 on March 30, FallsDown on March 30, Quazar on March 30,8: AmarjitCricketFan on March 30,7: Monis-Iqbal on March 30,6: Neutralist on March 30,5: News Pune and Kochi unveiled as new IPL franchises.

In Focus IPL controversies. Captain Sarfraz pips Kohli, Tamim in at No. Zaman, Amir and Pakistan raze India for title 1 Live analysis - India v Pakistan 2 Dominant India march into yet another final 3 Hasan Ali stars as Pakistan crush England to reach final 4 New champions: Zaman, Amir and Pakistan raze India for title 5 Unfinished business on Bangladesh's minds 1 Live analysis - India v Pakistan 2 India thrash sloppy Pakistan by runs 3 Dominant India march into yet another final 4 Hasan Ali stars as Pakistan crush England to reach final 5 Pakistan trip up South Africa to revive campaign.

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