Among the various achievements that came
BCCI's way in the year 2008, the IPL is the foremost to
be mentioned. Apart from the one and a half months of cricketing
extravaganza, the IPL saw the congregation of some of the
world's best-known cricketing talents, celebrity franchise
owners and ravishing cheerleaders.
IPL was also found to be an exciting new
breeding ground for big brands (both corporate and celebrity).
The involvement of star celebrity brands like Shah Rukh
Khan, Preity Zinta (as franchise owners), Hrithik Roshan,
Akshay Kumar (as team endorsers), Sachin Tendulkar, Sourav
Ganguly and MS Dhoni (as players) along with corporate
brands like Pepsi, Reliance, Adidas and Hero Honda made
for an interesting case study on the successful marriage
of not just sports with entertainment but also with sound
business.
IPL was successful in introducing the T20 format in the country in a big way. The tournament generated so much frenzy across the country that many felt it would eventually overshadow the popularity surrounding one-day cricket. Business-wise, the IPL seemed to weave success stories for both the franchise owners as well as the sponsors. |