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The Indian Premier League (IPL) (also known as the TATA IPL for sponsorship reasons) is a men's Twenty20 (T20) cricket league that is annually held in India. The league, which was founded by the BCCI in 2007, is contested by ten city-based franchise teams.[3][4] The IPL is usually held in summer between March and May every year. It has an exclusive window in the ICC Future Tours Programme, meaning fewer international cricket tours happening during IPL seasons.[5] The IPL is the most popular cricket league in the world; in 2014, it was ranked sixth by average attendance among all sports leagues.[6] In 2010, the IPL became the first sporting event to be broadcast live on YouTube.[7][8] Other Indian sports leagues have been established based on the success of the IPL.[a][11][12][13] The brand value of the league in 2022 was ₹90,038 crore (US$11 billion).[14] According to BCCI, the 2015 IPL season contributed ₹1,150 crore (US$140 million) to the GDP of the economy of India.[15] In December 2022, the IPL became a decacorn valued at US$10.9 billion, registering a 75% growth in dollar terms since 2020 when it was valued at $6.2 billion, according to a report by consulting firm D and P Advisory.[16] Its 2023 final was the most streamed live event on internet, with 32 million viewers.[17] In 2023, the league sold its media rights for the period of 2023–2027 for US$6.4 billion to Viacom18 and Star Sports,[18] meaning each IPL match was valued at $13.4 million.[19] As of 2023, there have been sixteen seasons of the tournament. The current champions are Chennai Super Kings, who won the season 2023 after defeating Gujarat Titans in the final at the Narendra Modi Stadium in Ahmedabad.[20] History Winners Indian Premier League Season Winners 2008 Rajasthan Royals 2009 Deccan Chargers (now Sunrisers Hyderabad) 2010 Chennai Super Kings 2011 Chennai Super Kings (2) 2012 Kolkata Knight Riders 2013 Mumbai Indians 2014 Kolkata Knight Riders (2) 2015 Mumbai Indians (2) 2016 Sunrisers Hyderabad (2) 2017 Mumbai Indians (3) 2018 Chennai Super Kings (3) 2019 Mumbai Indians (4) 2020 Mumbai Indians (5) 2021 Chennai Super Kings (4) 2022 Gujarat Titans 2023 Chennai Super Kings (5) Inspired by a rival In 2007, Zee Entertainment Enterprises founded the Indian Cricket League (ICL).[21] The ICL was not recognised by the Board of Control for Cricket in India (BCCI) or the International Cricket Council (ICC), and the BCCI was unhappy about its own committee members joining the ICL executive board.[22] To prevent players from joining the ICL, the BCCI increased the prize money associated with its domestic tournaments and imposed lifetime bans on any player joining the rival league, which the BCCI considered a rebel league.[23][24] Foundation A match during the 2008 IPL inaugural season in Chennai On 13 September 2007,[25] following India's victory at the 2007 T20 World Cup,[26] the BCCI announced a franchise-based Twenty20 cricket (T20) competition called the Indian Premier League. The first season was scheduled to start in April 2008 with a "high-profile ceremony" at New Delhi. BCCI vice-president Lalit Modi, who led the IPL effort, provided details of the tournament, including its format, prize money, franchise revenue system, and squad composition rules. The new league, which would be run by a seven-man governing council, would also be the qualifying mechanism for that year's Champions League Twenty20.[25]