The Indian Premier League (IPL) is a professionally run Twenty20 cricket league held in India annually, where ten teams representing ten cities participate.
The IPL commenced in 2008, and in the 2023 season, ten teams will participate.
The IPL has earned the title of the most profitable sports leagues worldwide, with the aggregate prize money for the winning team usually more than $5 million.
The IPL has an enormous and dedicated fan following, and its unique features are high-scoring matches and nail-biting finishes.
It attracts the world's best cricketers, including Cameroon Green, Jos Buttler, Surya Kumar Yadav, and Ben Stokes.
For player selection, IPL follows a unique player auction system, allowing teams to bid for the world's best cricketers for their unit.
There is a cap on the salary of each IPL team, limiting the money at their disposal to spend on player salaries.
The IPL follows a franchise system in which private entities own each team and run independently.
The IPL has had a substantial influence on the development of cricket in India, as it attracts many sponsors and churns considerable revenue.
The IPL has beaucoup followers on social media, with millions of fans cherishing the matches and supporting their favourite team on Facebook, Twitter, etc.