The IPL has been designed to entice an entire new generation of sports fans into the grounds throughout the country. To prevent players from joining the ICL, the BCCI increased the prize money in their own domestic tournaments and also imposed lifetime bans on players joining the ICL, which was considered a rebel league by the board. The ICL was not recognised by the Board of Control for Cricket in India (BCCI) or the International Cricket Council (ICC) and the BCCI were not pleased with its committee members joining the ICL executive board. The Indian Cricket League (ICL) was founded in 2007, with funding provided by Zee Entertainment Enterprises. The current title holders are the Gujarat Titans, winning the 2022 title in what was their maiden season. So far there have been fifteen seasons of the tournament. In December 2022, the league became a decacorn valued at $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 & P Advisory. According to BCCI, the 2015 IPL season contributed ₹1,150 crore (US$140 million) to the GDP of the Indian economy. The brand value of the IPL in 2022 was ₹90,038 crore (US$11 billion). In 2010, the IPL became the first sporting event in the world to be broadcast live on YouTube. The IPL is the most-popular cricket league in the world and in 2014 it was ranked sixth by average attendance among all sports leagues. It is usually held annually in summer across India between March and May and has an exclusive window in the ICC Future Tours Programme. Brijesh Patel is the incumbent chairman of IPL. The league was founded by the Board of Control for Cricket in India (BCCI) in 2007. It is contested by ten teams(franchises) based in seven cities and three states of India. The Indian Premier League (abbreviated as the IPL) (also known as the TATA IPL for sponsorship reasons) is a men's T20 franchise cricket league held annually in India.
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