Cycle 2 templateing not working

Cycle 2 templateing not working

I was just trying to use cycle 2 captions and i used the following HTML:

  1. <div class="cycle-slideshow" data-cycle-fx=slide data-cycle-timeout=0 data-cycle-prev=#prev data-cycle-next=#next data-cycle-slides=">a" data-cycle-youtube=true data-cycle-youtube-autostop=true data-cycle-center-horz=true data-cycle-center-vert=true data-cycle-auto-height="640:360" data-hide-non-active="true"
  2.                 data-cycle-caption="#custom-caption"
  3.                     data-cycle-caption-template="{{team}}">
  4.                     <a href="https://www.youtube.com/v/Q7pVrVq1rng?version=3&hl=en_US&rel=0" data-team="Lorem Ipsum Lorem"></a>
  5.                     <a href="https://www.youtube.com/v/SoatKWR_HMw?version=3&hl=en_US&rel=0" data-team="Lorem Ipsum"></a>
  6.                     <a href="https://www.youtube.com/v/7OQ8g0HuRWI?version=3&hl=en_US&rel=0" data-team="Lorem Ipsum Lorem"></a>
  7.                     <a href="https://www.youtube.com/v/JZpCPe0R9do?version=3&hl=en_US&rel=0" data-team="Lorem Ipsum"></a>
  8.                     <a href="https://www.youtube.com/v/EjxYlctL86A?version=3&hl=en_US&rel=0" data-team="Lorem Ipsum Lorem"></a>
  9.                 </div>
  10.                 <div id="center" class="center">
  11.                     <a href=# id='prev' class="next"></a>
  12.                     <a href=# id='next' class="prev"></a>
  13.                 </div>
  14.                 <!-- captions for slider below -->
  15.                 <div id="custom-caption" class="our-team-vedio-caption">

  17.                 </div>   

Now the problem is that, in the captions i get the "team" instead of the actually, caption associated with each element. The Third example on  THIS  page.

Why is the templateing not working ? cycle 2 has additional plugins but for the caption templateing no additonal plugins are required , so why is this issue poping up ?

DEMO HERE.

EDIT:: The caption templating feature works with imgages though , so if i were to replace the <a>'s with images tags and set data-cycle-youtube to false , it would work just fine :D