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Thread: Indian Badminton League (IBL)
11-10-2012, 02:22 PM #1
Indian Badminton League (IBL)
IPL-style badminton league in 2013, $1mn prize money.
In the lines of the hugely popular Indian Premier League [ Images ] cricket Twenty20 [ Images ] tournament, the Badminton Association of India on Saturday launched a franchise-based Indian Badminton League (IBL), which will see the top Indian players play along with the best players from around the world next year.
BAI announced that the $1 million (Rs 5.5 crores) IBL is the richest prize money badminton tournament in the world. It will commence with six city based franchises, involving 28 ties of best of five matches for a maximum of 140 matches played over three weeks, from June 24 to July 11 next year.India's Olympic bronze medallist Saina Nehwal [ Images ] hailed the tournament launch as a historic moment for Indian badminton.
"This is a historic moment for Indian badminton. Post 2012 Olympics [ Images ], the passion for badminton has reached a peak in India and I'm confident the IBL will make the game even more popular among the masses," Nehwal said at the launch in Mumbai [ Images ].
The matches will be played in the Sudirman Cup [ Images ] format and follow the rules and regulations of the Badminton world Federation (BWF) and BAI. Each team will comprise of one men's singles, men's doubles, women's doubles and mixed doubles event. The team that wins three out of five matches will win the tie.
The top Indian players including the likes of Nehwal, doubles specialist Jwala Gutta [ Images ] and Ashwini Ponnappa, the find of 2012 Olympics P Kashyap and rising star PV Sindhu will be categorized as Icon players for their franchises and will start with a base price of $50,000 in the players' auction.Strangely, the top-ranked players in the world like Lee Wei Chong, Lin Dan [ Images ] in the men's and Wang Yihan and Li Xuerui in the women's will start with a base price of $25,000.When asked if the world's top players would be ready to play under such discrimination, IBL commercial partner Sporty Solutionz Pvt Ltd. CEO Ashish Chadha said: "This is the first time the players are getting appearance money to play in a tournament. The minimum amount they will get to take part in the IBL is $25,000 whereas you get just $20,000 as prize money in the top tournaments around the world."He also added that the Malaysia's top players have confirmed to take part in the tournament, while talks are already initiated with the top-ranked Chinese players to get them to play in the IBL."We will also have players from Indonesia, Denmark, Germany [ Images ] and Korea among others taking part in the IBL and making it one of the best badminton tournaments in the world," he said.Each franchise will comprise of 11 players including a maximum of four foreigners and a junior (under-20) player. The rules stipulate only three foreign players can be fielded in a match.The IBL will offer $1 million are prize money out of which 65 percent will go to the winning team and 35 percent to the runners up.Former All England [ Images ] champion and national coach P Gopichand, who was also present at the launch, said the IB will act as a great catalyst in motivating the young players."The IBL heralds a new era in Indian badminton. It will provide a great opportunity for our players to play along with the best players of the world and learn from them," he said.
Last edited by depleter; 11-10-2012 at 02:24 PM.
11-10-2012, 02:36 PM #2The cash rich league will be held next year from June 24 to July 11.The IBL is a joint initiative of the Badminton Association of India (BAI) and its commercial partner Sporty Solutionz Private Ltd.The IBL has been sanctioned by the world body, BWF, which has provided window for the tournament in the annual calendar.Eight cities – Delhi, Nagpur, Pune, Mumbai, Lucknow, Chennai, Hyderabad and Bangalore – have been shortlisted six of them would be up for open sales in the first year. The base price of each team is Rs.3.5 crore.Each team can have up to four foreign players. But only two are available to play in the best-of-five ties on the lines of the Sudirman Cup world team championships.
Malaysia has already confirmed participation of the players.
“Malaysia has already confirmed to send all its players (including Olympic silver medal winner Lee Chong Wei). The BAI has already approached the Chinese authorities,” said Sporty Solutionz CEO Ashish Chadha at the media conference.Apart from the icon players, Indian players in the top 20 would have a base price of $20,000 and while internationals will have a base price of $10,000.
The base price of Indian national players and junior players’ have been fixed at $5,000 and 3,000.
Foreign players ranked in the top-10 will have a base price of $25,000 while those from 11-25 would have $15,000 as the base price.
Malaysia and Indonesia have already confirmed the participation of their top players while China's have been approached, organisers said.
India will launch a franchise-based badminton tournament next year on the lines of cricket’s cash-rich Indian Premier League (IPL) with top shuttlers from across the world, the organisers said on Saturday.
Chadha said that there would be prize money only for the winners and runners-up in the ratio of 65:35. “This is the business model we are adopting. The winners of the title would recover most of their investment in the first year itself as the winning prize works out to Rs 3.5 crore and the expenses, including acquisition of team, players salary and other running expenses, would be around Rs 5 crore,” he said.
“We will be announcing the franchise teams in the coming weeks and the players’ auction would be held in March,” he said, adding each team will have eleven players including one under 20 years of age. “Players would be contracted for five years. They would be with one franchise for two years,” he said.
11-10-2012, 03:01 PM #3
The funniest thing in this article is that ponappa and gutta are 50k, yet foreigners are £25k. Discrimination much? Those 2 are not worth 5k let alone 50k.
11-10-2012, 03:01 PM #4
So,as the IBL is officially announced today...Here is a promo in the official channel.I personally think it's a bit overdone but we can cope with it...
11-10-2012, 03:04 PM #5
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11-10-2012, 03:31 PM #8
As you asked I would post the first ever auction list of IPL.There you can clearly see that even a higher base price player can be left unsold and a lower baseprice player can get more after the auction.
Last edited by depleter; 11-10-2012 at 03:34 PM.
11-10-2012, 04:20 PM #9
The marketing of this event cannot be very good if you do not know who LD and LCW is. They are the best players of the last 10 years and yet you're telling me that you want to hold a $1M event when fans will be wondering who on earth are these players?
11-10-2012, 04:38 PM #10
11-10-2012, 06:28 PM #11
The only thing I can think of, as depleter pointed out, is the popularity of the players among the Indian population. Majority of the Indian population is ignorant of the many of the top badminton stars for the lack of media coverage. Indian media broadcasts matches of Indian players only, well most of the times.
But once the IBL kicks off it will give people a chance to know about them and their popularity will rise.
All we need is IBL to succeed, once that happens then it will open the flood gates. This happened in cricket through IPL. Hundreds of relatively unknown players, those who were languishing in obscurity, started earning hundreds of thousands of dollars if not millions. I hope this brings same kind of fortune to our beloved badminton players not just Indian but to players of all nations.
11-10-2012, 08:04 PM #12
Asked why someone like Wei (sic) would accept a base price of USD 25,000, when Kashyap was getting at least double that as his fees, Chadha said the Malaysian star and all others would be put up for the players' auction, where his price would be determined.
Present at the launch, Saina said, "It's a historic moment for Indian badminton. The game has become bigger and that's why this is happening. Like the IPL in cricket, there is a lot of interest and I hope it is really successful."
11-11-2012, 05:44 AM #13
Not sure if my guess is correct, but going by the Cricket IPL, even if Jwala and Ponnappa are in one team, they might not play together... Jwala could partner with, say, Ma Jin or Yong Dae Lee!
It will be played in Sudirman format. So I guess they wouldnt allow more than 3-4 foreign players in overall MS, WS, MD, WD,XD event.
Last edited by paroxysmal; 11-11-2012 at 05:47 AM.
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11-11-2012, 11:19 PM #16
Cheung liked this post
11-12-2012, 12:22 AM #17