Canterbury Gets OK For $93M Projects ISL To Provide Relief To Oldest Clubs BCCI Convenes EWC Meeting On Sunday IPL Marketplace Roundup Court Asks BCCI To Probe IPL Betting Hearts Closer To Exiting Administration Franchise Notes IPL Teams Put Trust In Foreign Coaches Rangers Fans Urged To Stand Firm F1 Team Red Bull Loses Appeal
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
Upcoming Conferences and Events
SBD Global/July 19, 2013/Franchises
Actor, Former Cricketer Buy IBL Mumbai Masters, Burman Family Buys Pune Pistons
Published July 19, 2013
READY FOR LAUNCH: The PTI reported the team "will be called Mumbai Masters." The $1M league "is set to launch on August 14." A total of 90 matches "will be played in the IBL which will feature six franchises." Mumbai, Pune, Hyderabad, Delhi, Bangalore and Lucknow "are the six cities that will feature in the first edition of IBL" (PTI, 7/18). The PTI also reported the Burman family, promoters of Dabur Group, has bought the IBL Pune Franchise. The Burman family -- which forayed into the field of sports with the Indian Premier League and followed it up with the Hockey India League, "successfully bid and bagged the 'Pune Pistons.'" Dabur Group Dir Mohit Burman said, "Having been actively involved in league sports in the country, we are elated to contribute towards the rise of IBL" (PTI, 7/17).