The BCCI followed the reverse bidding process to select the two new team owners. The new teams will replace the suspended teams Chennai Super Kings and Rajasthan Royals, for two years.
IPL Player draft: How the bidding went
The next edition of the Indian Premier League will be held from April 9 with new franchisees Rajkot and Pune, which replaced Chennai Super Kings and Rajasthan Royals. The tournament will begin five days after conclusion of the ICC World Twenty20, which India will host.
Despite all the controversies, the IPL's brand value hasn't diminished. Instead, says Harish Kotian/Rediff.com, the IPL made the BCCI richer by over Rs 3 billion!
'Twenty20 cricket can be a lottery at times, but I think we'll definitely reach the semifinals.'
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