Factbox-Cricket-IPL 2025: dates, format, fixtures and full squads

FILE PHOTO: Indian Premier League- Mumbai Indians v Royal Challengers Bangalore- Wankhede Stadium, Mumbai, India - May 9, 2023. Mumbai Indians' fans celebrate during the match. REUTERS/Francis Mascarenhas/File Photo

(Reuters) - The Indian Premier League (IPL) is a franchise-based Twenty20 cricket tournament organised by the Indian board (BCCI).

First held in 2008, it quickly became the most lucrative cricket competition in the world, with a brand value of $12 billion, according to a December 2024 report by brand valuation consultancy firm Brand Finance.