BCCI makes $812 million through IPL Team Auction
Lakhs and crores have gone and its now millions and billions in the Indian Cricket. Country is in boom thanks to IT sector and every Industry participate in the growth to attain 9% GDP. Indian Industry move ahead with developments and country saw first that the bid to buy a team. BCCI auctioned its eight Indian Premier League Twenty20 cricket franchises fetched $812 million and many companies and leading film and Industrial personalities figured in bid.
Richest Indian Businessman Mukesh Ambani, Reliance Industries Ltd placed the highest bid of $111.9 million for the Mumbai team.
Leading Bollywood Film Star Shah RukhKhan sucessfully bid for Kolkatta for $75.09 million. He wants Sachin Tendulkar, Dhoni and Yavaraj Singh in his team and Sourav to lead the Team.
Preity Zinta another Film personality from Mumbai bought Mohali team for $86.44 million.
Vijay Mallya of United Breweries clinched Bangalore for $126.93 million.
Richest Cricket Board in the world BCCI’s vice-president Lalit Modi said the Initial season will start in April spanning 44 days and about 60 matches to be played.