IPL

The Indian Premier League (IPL) is a  Twenty20 cricket competition in India. It is currently contested by 10 teams consisting of players from around the world. It was started after an altercation between the BCCI and the Indian Cricket League.In 2010, IPL became the first sporting event ever to be broadcast live on YouTube. Its brand value is estimated to be around $ 3.67 billion in fourth season. According to global sports salaries review, IPL is the second highest-paid league, based on first-team salaries on a pro rata basis, second only to the NBA. It is estimated that the average salary of an IPL player over a year would be $3.84 million. The brand value of Mumbai Indians (finalist IPL 2010) is estimated at USD 57.13 Million.
source: wiki