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The 2008 Indian Premier League season will be the debut season of Indian Premier League, established by Board of Control for Cricket in India. The season is scheduled to start on 18 April 2008 and the final match will be held on 1 June 2008.

The league will consist of 8 teams.

Each team will play two matches with every other team, held at Home venue and Away venue.

The league matches would be followed by two semi-finals and a final match.

The league will last for 44 days, involving 59 matches.

The prize money for the league will be around Rs 13 crore (US $3million).

Some useful links to understand more about Indian Premier League

2008 Indian Premier League (Wikipedia Link)

Official Indian Premier League Site

Cricinfo - Indian Premier League 2007-08

All about the IPL

Fixtures

Squads



Franchises

The magnitude of the Indian Premier League was confirmed when the winning bidders for the eight franchises were announced on January 24, 2008. While the total base price for auction was US$400 million, the auction fetched US$723.59 million.The official list of franchise owners announced and the winning bids were as follows.

Franchise ...........................................Owner(s) ......................................Price paid (Mn USD)
Bangalore Royal Challengers.............. Vijay Mallya / UB group ....................111.6
Chennai Super Kings ........................India Cements ....................................91
Delhi DareDevils ...............................GMR group ..........................................84
Hyderabad .........................................Deccan Chronicle ...............................107
Jaipur .................................................Emerging Media ...................................67
Kolkata ..............................................Shahrukh, Juhi, Jay Mehta ...................75.09
Mohali ................................................Preity Zinta, Ness Wadia etc.................76
Mumbai.................. ............................Mukesh Ambani (RIL) ..........................111.9

http://sports.indiainfo.com/2008/02/20/0802200910_ipl_contract.html

Preity bags Lee, Pathan; SRK gets PontingWednesday, February 20, 2008 09:02 [IST]Mumbai: Mahendra Singh Dhoni outshone the likes of Adam Gilchrist and Muttiah Muralitharan as the Chennai franchise (Chennai Super Kings) of the Indian Premier League (IPL) made a whopping $1.5 million bid (approximately Rs six crore) to win the Indian one day captain here today. Dhoni was clearly the star of the first round bidding with the Chennai franchise making an aggressive bid for the flamboyant stumper-batsman.
Round 8
Nathan Bracken (Bangalore) $325,000
RP Singh (Hyderabad) $875,000
Murali Kartik (Kolkata) $425,000
Makhaya Ntini (Chennai) $200,000
Lasith Malinga (Mumbai) $350,000
Chaminda Vaas (Hyderabad) $200,000
Ramesh Powar (Mohali) $170,000
Umar Gul (Kolkata) $150,000
Dale Steyn (Bangalore) $325,000
Dilhara Fernando
Ishant Sharma (Kolkata) $950,000
Piyush Chawla
Munaf Patel
Nuwan Zoysa
Round 7
Gautam Gambhir (Delhi) $750,000
Robin Uthappa (Mumbai) $800,000
V V S Laxman (Hyderabad) $375,000
Wasim Jaffer (Bangalore) $150,000
Rohit Sharma (Hyderabad) $750,000
Mohammad Kaif (Jaipur) $675,000
Suresh Raina (Chennai) $650,000
Manoj Tiwary (Delhi) $675,000
Chamara Silva (Hyderabad) $100,000
David Hussey (Kolkata) $625,000
VVS Laxman, Rohit Sharma and Sri Lankan batsman Chamara Silva were picked up by Hyderabad team in the sixth round of IPL players? bidding. Bengal batsman Manoj Tiwari was bought by Delhi, while Suresh Raina and Md Kaif will play for Chennai and Jaipur respectively. Kolkata team picked up Australian David Hussey while Robin Uthappa will play for Mumbai. Gautam Gambhir will play for his home team Delhi.
Round 6
Albie Morkel (Chennai) $675,000
Ajit Agarkar (Kolkata) $350,000
Shaun Pollock (Mumbai) $550,000
Irfan Pathan (Mohali) $925,000
Scott Styris (Hyderabad) $175,000
Farveez Maharoof (Delhi) $225,000
Tillakeratne Dilshan (Delhi) $250,000
Cameron White (Bangalore) $500,000
Yusuf Pathan (Jaipur) $475,000
Joginder Sharma (Chennai) $225,000
Mohali team bought Irfan Pathan as the fifth leg of IPL players? bidding was ended. While former South African skipper Shaun Pollock will play for the Mumbai team, Indian pacer Ajit Agarkar and New Zealand all-rounder Scot Styris will play for Kolkata and Hyderabad teams respectively. South African all-rounder Albie Morkel and Aussie leg spinner Cameroon White were bagged by Chennai.
Round 5
Dinesh Karthik (Delhi) $525,000
A B deVilliers (Delhi) $300,000
Mark Boucher (Bangalore) $450,000
Parthiv Patel (Chennai) $325,000
Kamran Akmal (Jaipur) $150,000
The fourth leg of the IPL players? bidding ended with S Sreesanth being sold to Mohali team. West Indies striker Chris Gayle was bought by star studded Kolkata team while Hyderabad bagged two prized scalps in Pakistan all rounder Shahid Afridi and South Africa master blaster Herschelle Gibbs.
Round 4
Stephen Fleming (Chennai) $350,000

Graeme Smith (Jaipur) $475,000

Herschelle Gibbs (Hyderabad) $575,000

Chris Gayle (Kolkata) $800,000

Shoaib Malik (Delhi) $500,000

Shahid Afridi (Hyderabad) $675,000

Younis Khan (Jaipur) $225,000

Mohammad Asif (Delhi) $650,000

Jacques Kallis (Bangalore) $900,000

Zaheer Khan (Bangalore) $450,000

Sreesanth (Mohali) $625,000

The third leg of bidding for IPL players ended with the inclusion of many key players in the big teams. Delhi team opened its account by buying New Zealand spinner Daniel Vettori. Australia skipper Ricky Ponting was roped in by the Kolkata team lead by Sourav Ganguly and Andrew Symonds was bought by Hyderabad team owned by Vijay Mallya.
Australia master opener Matthew Hayden was bought for $375,000 by Chennai team while Mike Hussey was transferred to the reserve pool for bidding in the end. New Zealand players Brandon McCullum and Jacob Oram went to Kolkata and Chennai respectively. Australia pace spearhead Brett Lee was notched up by the Mohali team.
Round 3
Ricky Ponting (Kolkata) $400,000
Bret Lee (Mohali) $900,000
Jacob Oram (Chennai) $675,000
Andrew Symonds (Hyderabad)
Brendon McCullum (Kolkata) $700,000
Daniel Vettori (Delhi) $625,000
Mathew Hayden (Chennai) $375,000

The second stage of the IPL bidding for players on Wednesday churned out big money for India Test skipper Anil Kumble who was notched up by Bangalore team for $500,000.
Other players who were bought in the second round included Harbhajan Singh and Sri Lanka?s Sanath Jayasuriya, who were bagged by Mumbai for $850,000 and $975,000 respectively. Sri Lankan wicketkeeper Kumar Sangakkara was bought by Mohali team for a whopping $700,000.
Round 2:
Anil Kumble (Bangalore) $500,000

Sanath Jayasuriya (Mumbai) $975,000

Harbhajan Singh (Mumbai) $8,50,000
Kumar Sangakkara (Mohali) $700,000
Earlier in Round 1, the Hyderabad franchise won Gilchrist with a $700,000 (app Rs 2.8 crore) bid, less than half of what Dhoni managed. The Chennai side also managed to rope in Sri Lankan off-spinner Muralitharan for $600,000 (Rs 2.4 crore).
Retired Australian leg-spinner Shane Warne was bought by Jaipur for $450,000, while Mahela Jayawardene will be seen playing for the Mohali team, which shelled out $475,000 for the Sri Lankan captain. Pakistan's enigmatic speedster Shoaib Akhtar was won by the Kolkata team for $425,000.
Round 1:
Shane Warne (Jaipur) $4,50,000

Mahendra Singh Dhoni (Chennai) $1.5 million

Adam Gilchrist (Hyderabad) $7,00,000

Mahela Jayawardene (Mohali) $4,75,000

Mutiah Muralitharan (Chennai) $6,00,000

Shoaib Akhtar (Kolkata) $425,000
Unsold (sent to reserve pool)

Glenn Mcgrath (Reserve price $350,000)

Mohd Yousuf (Reserve price $330,000)

Tatenda Taibu

S Chanderpaul

Ashwell Prince

Loots Bosman

Looks like Chennai got good deal..


Squads as of now:
Jaipur Shane Warne (US$ 450,000), Graeme Smith (US$ 475,000), Younis Khan (US$ 225,000), Kamran Akmal (US$ 150,000), Yusuf Pathan (US$ 475,000), Mohammad Kaif (US$ 675,000), Munaf Patel (US$ 275,000)

Chennai MS Dhoni (US$ 1.5 million), Muttiah Muralitharan (US$ 600,00), Matthew Hayden (US$ 375,000), Jacob Oram (US$ 675,000), Stephen Fleming (US$ 350,000), Parthiv Patel (US$ 325,000), Joginder Sharma (US$ 225,000), Albie Morkel (US$ 675,000), Suresh Raina (US$ 650,000), Makhaya Ntini (US$ 200,000)

Mumbai Sachin Tendulkar (icon), Sanath Jayasuriya (US$ 975,000), Harbhajan Singh (US$ 850,000), Shaun Pollock (US$ 550,000), Robin Uthappa (US$ 800,000), Lasith Malinga (US$ 350,000), Dilhara Fernando (US$ 150,000)

Bangalore Rahul Dravid (icon), Anil Kumble (US$ 500,000), Jacques Kallis (US$ 900,000), Zaheer Khan (US$ 450,000), Mark Boucher (US$ 450,000), Cameron White (US$ 500,000), Wasim Jaffer (US$ 150,000), Dale Steyn (US$ 325,000), Nathan Bracken (US$ 325,000)

Hyderabad Adam Gilchrist (US$ 700,000), Andrew Symonds (US$ 1.35 million), Herschelle Gibbs (US$ 575,000), Shahid Afridi (US$ 675,000), Scott Styris (US$ 175,000), VVS Laxman (US$ 375,000), Rohit Sharma (US$ 750,000), Chamara Silva (US$ 100,000), RP Singh (US$ 875,000), Chaminda Vaas (US$ 200,000), Nuwan Zoysa (US4 110,000)

Mohali Yuvraj Singh (icon), Mahela Jayawardene (US$ 475,000), Kumar Sangakkara (US$ 700,000), Brett Lee (US$ 900,000), Sreesanth (US$ 625,000), Irfan Pathan (US$ 925,000), Ramesh Powar (US$ 170,000), Piyush Chawla (US$ 400,000)

Kolkata Sourav Ganguly (icon), Shoaib Akhtar (US$ 425,000), Ricky Ponting (US$ 400,000), Brendon McCullum (US$ 700,000), Chris Gayle (US$ 800,000), Ajit Agarkar (US$ 330,000), David Hussey (US$ 675,000), Ishant Sharma (US$ 950,000), Murali Kartik (US$ 425,000), Umar Gul (US$ 150,000)

Delhi Virender Sehwag (icon), Daniel Vettori (US$ 625,000), Shoaib Malik (US$ 500,000), Mohammad Asif (US$ 650,000), AB de Villiers (US$ 300,000), Dinesh Karthik (US$ 525,000), Farveez Maharoof (US$ 225,000), Tillakaratne Dilshan (US$ 250,000), Manoj Tiwary (US$ 675,000), Gautam Gambhir (US$ 725,000)

I Like the Hyderabad team more, Gilly,Symonds,Gibbs,Styris,Afridi,Rohit Sharma and RP Singh - all can be good 20-20 players

Any idea what are the ratio for the playing 11 ( between foreign players,local and under 19) We would then have guys like Badrinath,Yomahesh,Anirudh Srikanth,Abhinav Mukund,Ashwin along with the bidded players.

I would have been good if there was some regional bias in the bidding. Would be better to relate Dinesh Karthik to Chennai and Dhoni to Kolkatta.same way Uthappa for Bangalore and Agarkar for Mumbai.Becomes dificult to relate to such hop-skotch teams.

Ricky Ponting gone for only 400K is a shame. He's arguably the best player in limited overs cricket.

Anyone knows how this thing works

So does Dhoni gets the entire 1.5 mill or does BCCI gets it and gives "some" to Dhoni.

I totally condemn such auctioning of cricket players. This takes the game to its commercial lowest point ever. I think cricket is going to lose its charm big time with such blatant and poor commercialization.

I find this really hard to swallow. Babies are getting millions while legendary players getting peanuts. I understand this is market economics, but there is a streak of jingoistic irrational exuberance in this who circus. Hopefully it will shake out the chaff after the first season and saner valuations based on performance will prevail, if this survives.

My only interest in this is to see how players from the same national sides handle their colleagues in the opposition. For e.g, how does Ponting vs Blee, Gangu vs Kumble, Jayasuriya vs Muralidharan.

it sucks completey. Be ready for the demise of the actual cricket:(

On other hand, no wk in most of the teams while chennai got 2 ( dhoni and parthiv ); what will they do without a wk

and shame that no one wanted mcgrath and hussey. while kaif and murali karthik were more in demand