The IPL has the top current players who will feature in its inaugural tournament, with the likes Mahendra Siggh Dhoni, Ricky Ponting, Adam Gilchrist, Shoaib Akhtar, Mahela Jayawardene, Sanath Jayasuriya, Yuvraj Singh, and Matthew Hayden participating. England will have only one representative in Dimitri Mascarenhas because the IPL will clash with their domestic season, while Australia's Michael Clarke has opted to focus on his regular cricket.
Who are the franchise owners - celebrities and others?Mukesh Ambani, the Reliance Industries chairman, acquired the Mumbai franchise for $111.9 million over a 10-year period; beer and airline baron Vijay Mallya, who also owns a Formula 1 team, won the Bangalore franchise for $111.6 million; Bollywood actor Shah Rukh Khan's Red Chillies Entertainment won the Kolkata franchise for $75 million; the biggest surprise was the Chandigarh franchise, which went to Preity Zinta, another Bollywood star, and Ness Wadia, together with two other industrialists, for $75 million. The winning team will get richer by $3 million if they win the first edition of the tournament.
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