According to latest news, the BCCI has today announced that the Sun TV has won the bid with a 85.05 per year bid to replace the Deccan Chargers in the Indian Premier League [IPL].
It is said in reports that Sun TV won the bid for the Hyderabad franchise. The BCCI has placed a base price of Rs 300 crore for the new IPL team.
Earlier, the Deccan Chargers were was ruled out of the IPL teams and therefore new IPL team is announced for 12 different regions. Read more
