Two New IPL Teams will be Pune and Kochi

Finally today we got to know about two new IPL teams for IPL 2011, we already told you about this in our earlier post of 2 New IPL teams to be launched from IPL 2011.

Today bidding for two new teams took place and Sahara Adventure Sports Group was the highest bidder at $370 million (Rs.1,702 crore) and bagged Pune as the host city.

Kerala-based consortium Rendezvous Sports bid $333.33 million (Rs.1.333.33 crore) to get Kochi as the other franchisee to make the IPL a 10-team affair from 2011.

Now There will be total 10 IPL teams and these 10 are :- Mumbai Indians, Delhi Daredevils, Kolkata Knight Riders, Royal Challengers Bangalore, Deccan Chargers, Chennai Super Kings, Rajasthan Royals and Kings XI Punjab.

In Next IPL season total 94 games will be played where as till now only 60 games in first 3 IPL seasons.

Base price for the bidding was $225 Million and Sahara Group chosen Ahmedabad, Nagpur and Pune as their host city and finally settled for Pune as their host City.

Will post more updates about these New IPL teams as soon we get some more news.