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Tuesday, April 8, 2008

Franchises


Franchises



The winning bidders for the eight franchises were announced on January 24, 2008.[9] While the total base price for auction was US$400 million, the auction fetched US$723.59 million.[10] The official list of franchise owners announced and the winning bids were as follows.

Franchise Owner(s) Price (USD)
Mumbai Indians
Mukesh Ambani and Reliance Industries Limited $111.9 million
Bangalore Royal Challengers Dr. Vijay Mallya and UB group $111.6 million
Deccan Chargers
Deccan Chronicle $107 million
Chennai Super Kings India Cements and N Srinivasan $91 million
Delhi DareDevils GMR Holdings $84 million
Punjab Kings
Preity Zinta, Ness Wadia, Karan Paul (Apeejay Surendera Group) and Mohit Burman (Dabur) $76 million
Kolkata Knight Riders
Shah Rukh Khan, Juhi Chawla Mehta and Jai Mehta $75.09 million
Rajasthan Royals Emerging Media: (Manoj Badale, Lachlan Murdoch, Suresh Chellaram)

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