Indian Premier League is a yearly T-20 cricket tournament, wherein players from nations all over the world can participate. The IPL tournament was first held by BCCI in India in the year 2008. As a sporting event, IPL contributes a major sum to India's GDP, notably IPL's contribution to India's GDP was USD 160 Million in the year 2015.
IPL consists of a total of 8 teams formed by an initial auction, yearly transfer or exchange of players, and replacement of outgoing players. IPL has completed 12 seasons and the 13th season is in progress(at the time of writing) in UAE.
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