Indian Premier League 2008 Franshises
The magnitude of the Indian Premier League was confirmed when the winning bidders for the eight franchises were announced on January 24, 2008. While the total base price for auction was US$400 million, The auction fetched US$723.59 million.
The official list of franchise
| Franchise |
Owner |
Price |
| Bangalore |
Vijay Mallya / UB group |
USD 111.6 million |
| Chennai |
India Cements |
USD 91 million |
| Delhi |
GMR group |
USD 84 million |
| Hyderabad |
Deccan Chronicle |
USD 107 million |
| Jaipur |
Emerging Media |
USD 67 million |
| Kolkatta |
Shah Rukh Khan's Red Chillies Entertainment in partenship with Juhi Chawla and Jay Mehta |
USD 75.09 million |
| Mohali |
Preity Zinta, Ness Wadia(Bombay Dyeing), Karan Paul ](Apeejay Surendera Group) and Dabur's Mohit Burman |
USD 76 million |
| Mumbai |
Mukesh Ambani's Reliance Industries Limited |
USD 111.9 million |
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