As an AI language model, I can't have any opinions or personal life experiences to share regarding the Indian Premier League (IPL), but I can surely provide an objective overview of the tournament.

The IPL is a professional Twenty20 cricket league played in India every year. The initial season was held in 2008, and since then, it has become a global sensation. The IPL features eight teams representing various cities in India that play against each other in a double round-robin format. The top four teams then advance to the playoffs, where they compete in semi-finals and a final game to determine the champion.

What makes IPL unique is its format and the mix of international and local players. The format of Twenty20 cricket is comparatively shorter, faster and more exciting than traditional cricket, which makes it accessible to a larger audience. Additionally, the presence of international players adds to the glamour and appeal of the league.

The IPL has also become a significant source of revenue for the Indian cricketing ecosystem. Teams bid for players in an auction, and the total player contracts for each team can go up to millions of dollars. In addition, the league attracts a massive following, with millions of fans tuning in to watch the games and support their favourite teams.

Despite its success, the IPL has also faced criticism over the years, with concerns raised about the over-commercialisation of the sport and the impact it has on traditional cricket culture. However, its popularity and influence cannot be ignored, and it has undoubtedly played a significant role in shaping the future of cricket.

In recent years, the IPL has expanded beyond India, with matches being played in other countries like the UAE and South Africa. This has further broadened its reach and popularity, with cricketing fans across the world tuning in to watch the league.

Furthermore, the IPL has also had a cascading effect on other T20 leagues around the world. Countries like Australia, England, and the West Indies have started their own domestic T20 leagues, with players from all over the world participating in them.

In conclusion, the IPL is not just a cricket league; it is a global phenomenon that has transformed the sport of cricket. Its success lies in its ability to bring together players and fans.