IPL India's First Unicorn with a $1.1 Billion Valuation
D&P Advisory analyzed the Indian Premier League (IPL) and reported that the cricket tournament was India's first unicorn, with a valuation of $1.1 billion in 2008, the year it was launched. The advisory had previously announced that IPL had become a decacorn (valued at $10.9 billion). D&P Advisory is now preparing to publish a new analysis called "IPL: The Pioneer of Indian Unicorns."
The study considers the worth of the Indian Premier League (IPL) by factoring in the values of media rights, title sponsorship, and associate sponsorship from the years leading up to 2014.
Based on the analysis conducted by D&P, it was found that the broadcast rights alone generated a revenue of Rs 486 crore in 2008, while the title and associate sponsorship rights contributed Rs 36 crore and Rs 48 crore, respectively.
According to the report, the value of the IPL has consistently grown over the years due to the increasing fees for broadcast and sponsorships. In 2009, the league's value rose to $1.7 billion, and in 2010 it increased even further to $2.2 billion when it had 60 matches.
The league's value continued to rise in 2011 when the number of matches increased to 74, reaching a valuation of $2.7 billion.
Mar 25, 2023
New IPL Rule: Captains Can Name Playing XI after Toss
During the upcoming Indian Premier League (IPL) season, teams would be allowed to announce their playing eleven after the toss instead of before it. The move will allow the introduction of the 'Impact Player'. Each captain will nominate 11 players plus a maximum of 5 substitute fielders in writing to the IPL match referee after the toss.
The Board of Control for Cricket in India (BCCI) had tried the 'Impact Player' rule in its domestic tournaments before introducing it during the 2023 IPL season. At the same time, like in the Women's Premier League (WPL), teams will be allowed to challenge wide and no-ball calls made by umpires under the Decision Review System (DRS).
There is a new umpire signal for the introduction of the impact player. They will clench their fists, and cross their hands above their heads.
The BCCI also increased the playing squad on match days to 16, in order for teams to utilise the Impact Player optimally and also to account for the concussion replacement (if required) and fielding substitutes.
At the Saudi Arabia Grand Prix of the 2023 Formula One season, Sergio Perez displayed a dominant performance and earned his first win. His teammate at Red Bull, Max Verstappen, secured the second position after starting from the 15th spot. Although Verstappen retained his lead in the championship standings with his fastest lap, Fernando Alonso was the focus of the battle for the final podium spot, finishing in third place.
Sergio Pérez is a Mexican racing driver who races in Formula One.
Lionel Messi Becomes 2nd Player after Cristiano Ronaldo to Score 800 Career Goals
Lionel Messi became only the second player after Cristiano Ronaldo to score 800 career goals when he scored against Panama at the Monumental Stadium in Argentina.
This was the first international match for the Argentine since winning the FIFA World Cup in Qatar 2022. The 35-year-old achieved this feat with a free-kick goal in the 88th minute of the match to make it 2-0 in favour of La Albiceleste.
Mar 23, 2023
Sarabjot Singh Clinches Air Pistol Gold in Shooting World Cup
India's Sarabjot Singh won the men's air pistol gold in the ISSF Pistol/Rifle World Cup to open the host country's medal account on the first day of competitions.
It was double delight for India as teenage shooter Varun Tomar also bagged a bronze.
Sarabjot, the 2021 junior world champion in the team and mixed team categories, defeated Azerbaijan's Ruslan Lunev 16-0 in the gold-medal match in the first final of the World Cup.
Mar 22, 2023
Pankaj Advani Beats Brijesh Damani to Retain Asian Billiards Title
India's Pankaj Advani retained his Asian Billiards title in the 100-up format, defeating fellow countryman Brijesh Damani 5-1 in the final played at Qatar Billiards and Snooker Federation (QBSF) Academy.
Advani, who is a 25-time International Billiards and Snooker Federation (IBSF) world champion, defeated Damani with a scoreline of 100(51)-18, 100(88)-9, 86(54)-101(75), 100-26, 100(66)-2, 101(64)-59 in the final.
In the women's section, China's Bai Yulu won the title beating Panchaya Channoi of Thailand 3-0 in the final.
This is the eighth Asian Billiards title in all for Advani, the Indian cue sports ace who was bestowed the Arjuna Award in 2004, Major Dhyan Chand Khel Ratna in 2006, Padma Shri in 2009 and Padma Bhushan in 2018. Advani had won the same title last year at Doha.
Nepal's Aasif Sheikh Wins the 2022 CMJ Spirit of Cricket Award
Marylebone Cricket Club (MCC) announced that Nepal's Aasif Sheikh is the recipient of the 2022 Christopher Martin-Jenkins Spirit of Cricket Award.
Wicketkeeper-batter Aasif was recognised with this award, which the Club runs in conjunction with BBC, for his sporting conduct shown in a Men's T20 International between Nepal and Ireland in February 2022.
The CMJ Spirit of Cricket Award was created in 2013 by MCC and the BBC in memory of former MCC President and BBC Test Match Special commentator Christopher Martin-Jenkins ("CMJ"), who was passionate about promoting the spirit of the game. For the first time in its history, MCC and BBC invited public nominations for the award in December 2022 and Aasif Sheikh's conduct for Nepal was adjudged to be the winning entry.
Stadium Named after Indian Hockey Star Rani Rampal
Indian women team's star hockey player Rani Rampal became the first woman in the sport to have a stadium named after her, in Rae Bareli.
The MCF Rae Bareli renamed the hockey stadium as 'Rani's Girls Hockey Turf'.
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