In the bidding process for new teams today, Pune and Kochi are the new teams which will participate in the next editions of the Indian Premier League. This was announced by IPL commissioner Lalit Modi today in Chennai.
The Pune franchise was won by Sahara Adventure Sports Group for a bid of US $370 million, while the Kochi team was won by Rendezvous Sports World Limited for $333 million.
The other cities which were up for bidding were Ahmedabad, Baroda, Cuttack, Dharamsala, Indore, Gwalior, Nagpur, Kanpur, Rajkot and Vizag. Sahara had the highest bidding for Ahmedabad Pune and Nagpur but finally they chose Pune.
With the addition of two new teams, the number of matches will be increased from 60 to 94 from the fourth edition onwards.
The Chennai Super Kings suffered a severe jolt as Mahendra Singh Dhoni suffered an elbow injury and could not play for 10 days. In a match against Knight Riders, Dhoni was hit by a rising delivery from Shane Bond.
Chennai Super Kings will surely miss the captain as it was his knock which enabled them to register a win against Kolkata Knight Riders. In the mean time Suresh Raina has been chosen as the stand-in skipper.
Chennai Super Kings take on the Delhi Daredevils at the Ferozshah Kotla next on March 19.
In what could be a perfect example of exemplary money making model, the value of the Indian Premier League has grown to $4.13 Billion. As compared to last year’s $2.01 billion, this time it has doubled and it still continues to grow at an unimaginable pace.
Even in the time of global meltdown, IPL brand has emerged as a clear winner. Not only it has given cricket a new face but has also made the franchises richer, said a report from Brand France – A leading Brand Valuation consultancy.
Following are the teams in order of brand value 1. Chennai Super Kings
Chennai Super Kings led by Mahendra Singh Dhoni may not have won the IPL even once but the brand name has moved 4 places up and has become the number one brand and is valued at $48.4 million this year as compared to $39.4 million last year.
2. Kolkata Knight Riders
Kolkata Knight Riders ruled the brand valuation charts last year with $42.1 million, but this time they have moved one place down with valuation of $46 million. The team led by Sourav Ganguly, is owned by Shah Rukh Khan, Juhi Chawla and her husband Jay Mehta.
3. Rajasthan Royals
Rajasthan Royals owned by Emerging Media Group and captained by Shane Warne have the third position with a value of $45.2 million, up from $39.5 million last year.
4. Royal Challengers Bangalore
Vijay Mallya is a brand in himself and though is the team owned by him. Royal Challengers led by Anil Kumble have raised the valuation from $37.4 million last year to $41.9 million this year.
5. Mumbai Indians
India’s richest man, Mukesh Ambani’s owns Mumbai Indians which is led by master blaster Sachin Tendulkar.This year the brand value has fallen to $40.8 million from $41.6 million last year.
6. Delhi Daredevils
The Delhi Daredevils is owned by GMR and is led by Gautam Gambhir. They have increased the value from $39.2 million in 2009 to $40.5 million in 2010 .
7. Kings XI Punjab
Preity Zinta, Ness Wadia , Karan Paul and Mohit Burman own this team and this year the value has not changed much. Last year it was valued at $36.3 million and this year it is valued at $36.1 million.
8. Hyderabad Deccan Chargers
Deccan Chronicle team, Deccan Chargers led by Adam Gilchrist won the championship last year but this year the brand has lost some value. It was valued at $34.8 million in 2009 and this year the value is $34.4 million.
No matter which brand is number one or number two, IPL- The Million Dollar Baby continues to shower cash and has now become a billion dollar baby.
Match: 6th T20, IPL 3 – 2010
Venue: Ahmedabad
Date: March 15, 2010
Toss: Delhi Daredevils elected to field Result: Delhi Daredevils Won By 6 Wickets
Man of the match – Virender Sehwag
A sensational batting from Virender Sehwag dashed the hopes of Rajasthan Royals who were earlier limited to 141/6 in 20 overs. Opening the batting for Delhi Daredevils, Gautam Gambhir and Sehwag pushed the run pedal right from the first over. Though Delhi Daredevils lost two quick wickets in 4th over but the Indian Run Machine – Sehwag was not deterred. He was thrashing the Rajasthan Royals bowlers as if he was playing against a local school team.
Sehwag rushed to his half century in just 21 balls. Even after 50’s he didnt stopped and thrashed the bowlers to all corners of the ground. Delhi Daredevils were comfortably placed at 90/2 in 9 overs. After scoring 75 runs off just 34 balls with 8 fours and 5 sixes, Sehwag was eventually out. Rajasthan Royals could finally have some breath but that innings of Sehwag had taken the match out of RR’s hands.
