Tuesday, May 15, 2012


Sachin Tendulkar
Around 62 Indian cricketers will be up for auction for the fourth edition of the Indian Premier League (IPL) with Indian captain Mahendra Singh Dhoni and the legendary Sachin Tendulkar in the top-bracket of cricketers valued at Rs 1.84 crore.

 

History

Reliance Industries Limited purchased the rights for the Mumbai franchise of Indian Premier League for a total of INR496 Cr ($ 124 m) during the auction on January 24, 2008. The franchise was eventually named the Mumbai Indians. The RIL bid made the Mumbai Indians the most expensive franchise in the 2007 IPL auction till 2010 edition. In 2011 team auction saw the Sahara Pune Warriors bought by Subroto Roy taking that title worth 1726 Cr ($ 375.2 m).

[edit] 2008 IPL season

The season got off to a bad start for the Indians, having lost their captain Sachin Tendulkar. With Harbhajan Singh taking over as captain, the team proceeded to lose their first 4 matches of the tournament. After Harbhajan's suspension for hitting Sreesanth, Shaun Pollock assumed the leadership duties until Tendulkar's return on May 14. His return wasn't a big boost as he kept struggling with the bat and was poor in the field. He found it difficult to maintain strike rates of above 100. They were unable to take advantage of his comeback as they lost 3 of their next 4 games. All these three games were lost on the last ball of the match. The match between Mumbai Indians and Kings XI Punjab played on May 21 was considered to be the best of the season with Yuvraj Singh diving full length to run out the MI batsman on the last delivery of the match. The Indians finished with a record of 7 wins and 7 losses. Sanath Jayasuriya played a vital role in securing two important wins for the team.
Mumbai Indians were the most watched team on television in the first edition of the IPL tournament, totaling to 239 million viewers.[4] After posting a revenue of INR69 crore and expenditure of INR85 crore, the first season left the owners with net loss of INR 16 crore and were expected to break even in the 2009 season.[5]

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