IPL I: Rajasthan Royals, Chennai Super Kings, Delhi Daredevils, Kings XI Punjab
IPL II: Deccan Chargers, Royal Challengers Bangalore, Delhi Daredevils, Chennai Super Kings
IPL III: Chennai Super Kings, Deccan Chargers, Royal Challengers Bangalore, Mumbai Indians
IPL IV: Chennai Super Kings, Royal Challengers Bangalore, Mumbai Indians, Kolkota Knight Riders
A few quick points: 1) Chennai Super Kings is a really, really good team. They’ve made it to four successive knock-out stages. Explanations? 2) Even though all eight of the original franchises (i.e., excluding Pune and Kochi) have now made it to the latter stage of the tournament, a franchise hierarchy is still apparent, and CSK, MI, RCB are on top of it. Given the common salary caps and the auction process, what explains this growing divergence? And, finally, 3) Just how badly did Delhi and Deccan screw up this time around?