Original sentence: In 2010, the IPL became the first sporting event to be broadcast live on YouTube.It consists of a number (currently 8) of Indian city franchises, and is held in India between April and June.The IPL is currently supervised by BCCI Vice-President Ranjib Biswal, who serves as the League's chairman and Commissioner.The IPL was inaugurated in 2008, in the midst of the period during which the Indian Cricket League was operational.The Indian Premier League (IPL) (currently know as the Pepsi Indian Premier League for sponsorship reasons) is an annual Twenty20 cricket tournament, founded in 2008 by the BCCI.The brand value of the 2014 Indian Premier League was estimated to be around US$3.2 billion.The current champions are the Kolkata Knight Riders, who won the 2014 Indian Premier League|2014 season by beating the Kings XI Punjab by 3 wickets
Edited sentence: During the seventh season (2014), the Indian Premier League's brand value was estimated to be around US$3.2 billion.It is currently sponsored by Pepsi and thus officially known as the Pepsi Indian Premier League.It is currently supervised by BCCI Vice-President Ranjib Biswal, who serves as the League's chairman and Commissioner.Live rights to the event are syndicated around the globe, and in 2010, IPL became the first sporting event to be broadcast live on YouTube.The IPL was inaugurated in 2008, in the midst of the period during which the Indian Cricket League was operational, and has been an enormous success as an annual tournament.The Indian Premier League (IPL) is an annual Twenty20 cricket tournament which was inaugurated in 2008.The current champions are the Kolkata Knight Riders, who won the 2014 season by beating the Kings XI Punjab by 3 wickets.The format involves franchisees (currently 8) competing for the title.The games are usually played between April and June, in India (with one exception: The 2009 edition was played in South Africa due to security concerns at the time of General Elections in India).The tournament has gone from strength to strength and is largely viewed as being the 'richest' in world cricket.Though the Indian Super League had the highest average attendance of all sports leagues in India in 2014, it was followed by the Indian Premier League in second place