Stung by the Indian Premier League (IPL)’s success, fan following and capacity to rake in moolah, IPL commissioner Lalit Modi is now weighing options to make it a biannual event.

Modi was quoted by the Daily Telegraph as saying, "The IPL will be based in India but a second season will help us see if a market exists elsewhere too."

Modi pointed out that the success of the second IPL has prompted the organisers to explore untapped territories like US and Canada.

"The potential is huge. We have turned the challenges and adversities in moving to South Africa into an opportunity. It is fans who determine if you are successful or not and they have come out in force here. It has shown that the tournament can be in any region, in any country. This opens up many different opportunities for us," Modi said.

However, the first season of the year will be in India while the other season, a shorter one, may be organized in some other country.

Earlier this year, IPL was in news for many wrong reasons including tussle over satellite rights, shifting of the venue from India to South Africa amid security concerns, and allegations that it was promoting betting.

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