This year IPL has been larger then ever. On 18 dec,2019 IPL auctions took place in the pink city 'Jaipur' and the teams seems to be attracted towards the younger players. The youngest among them is Prayas Ray Barban, Age-16years 55days whom RCB has bought in a large amount of 1.5 crores. Another young talent named Prabh Simran Singh, age 18 years 131 days in an amount of 4.8 crores. Many more players are seen and bought in auctions by the franchisee's.
Ironically, the IPL has actually held a mirror up to and drawn more scrutiny into the affairs of the Board of Control for Cricket in India (BCCI) than have the game’s longer, more traditional formats. The cosy-club atmosphere that sullied the richest cricket board, the nepotism and an indifference to probity, all came into full public view, with the Supreme Court sitting up and taking notice. The repercussions of the 2013 spot-fixing and betting controversy are even now felt as it sowed the seeds for the wide-ranging reforms suggested by the Justice R.M. Lodha Panel, and now the Committee of Administrators appointed by the court has its hands full. A summer sporting carnival, a domestic tournament with an international flavour, as Rahul Dravid described it, had inexplicably gone beyond its pulsating cricket and virtually prised out the BCCI’s heart. The IPL not only changed the way cricket was played, increasing the tempo and adding big bucks to the players’ kitty, it also inadvertently ushered in a course-correction for the BCCI. Surely, the league has come a long way since it started with a leg-bye when Kolkata Knight Rider’s skipper Sourav Ganguly squared up to Royal Challengers Bangalore’s Praveen Kumar in the first match in 2008 in Bangalore. It was the lull before the storm unleashed by Brendon McCullum’s savage unbeaten 158 off just 73 balls. There have been many other storms since and as for what will happen this time around, no one can hazard a guess.
With the advent of the IPL, almost overnight the world’s best cricketers—who had seldom made the kind of money earned by their counterparts in other professional sports—became millionaires. The owners of the IPL franchises, who included major companies, Bollywood film stars, and media moguls, bid for the best players in auctions organized by the league. At the outset of the IPL, the well-financed Mumabai Indians had the league’s biggest payroll, more than $100 million. It cost the Chennai Super Kings $1.5 million to secure the services of Mahindra Dhoni in the initial auction for the 2008 season and the Kolkata Knight Riders $2.4 million to sign Gautam Gambhir, the opening batsman for the Indian national team, in the bidding for the 2011 season.
The eight founding franchises were the Mumbai Indians, the Chennai Super Kings, the Royal Challengers Bangalore, the Deccan Chargers , the Delhi Daredevils, the Punjab XI Kings (Mohali), the Kolkata Knight Riders, and the Rajasthan Royals . In late 2010 two franchises, Rajasthan and Punjab, were expelled from the league by the BCCI for breeches of ownership policy, but they were later reinstated in time for the 2011 tournament. Two new franchises, the Pune Warriors India and the Kochi Tuskers Kerala, joined the IPL for the 2011 tournament. The Kochi club played just one year before the BCCI terminated its contract. In 2013 the Deccan Chargers were replaced in the IPL by the Sunrisers Hyderabad.
The first tournament, held over 44 days in 2008, was won by the Rajasthan Royals, one of the smaller-market franchises, captained by Shane Warne, the great Australian bowler. In the wake of the IPL’s success, other cricketing countries scrambled to grab some of the riches by forming their own domestic T20 leagues.