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Mallya, Ambani, SRK, Preity win bids for IPL teams; teams sold at around $100 million each

exchange4media Mumbai Bureau
January 24, 2008

Teams of the BCCI’s Indian Premier League (IPL) finally got their multi-millionaire owners. All the IPL eight teams have been sold at approximately around $100 million per team, earning BCCI a huge bounty in the bargain. The winning bidders include Vijay Mallya (Bangalore), Shah Rukh Khan (Kolkata), Mukesh Ambani (Mumbai), Preity Zinta and Ness Wadia (Mohali/Chandigarh), GMR Group (Delhi), Deccan Chronicle (Hyderabad), India Cement (Chennai), and Emerging Media (Jaipur).

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