Sachin also said that IPL was here to stay, and added that the IPL organisers have been careful in seeing that it does not clash with too many international events and soon they might even have a separate calendar for the tourney.
The Mumbai team ''Icon player'' Sachin Tendulkar, who was also named as the captain of the team, unveiled the name of the team ''Mumbai Indians'' and its logo in the presence of Reliance Industries Retail Outlet President R Balachandran and Reliance Industries President, Branding, Kaushik Roy.
The Mumbai IPL team, whose owner is Reliance Industries' logo will consist of a ''Sudarshan Chakra'' with the outline being the tri-colour. The team colour was also unveiled and it will be Team India's colour - blue.
Speaking on the occasion, Sachin Tendulkar said that there is a lot of excitement in the air, but the real excitement will only start on April 18 when the inaugural IPL tourney begins.
Stating that his team the ''Mumbai Indians'' have a nice balance of experience and youth, Sachin, felt that all the teams in the league are evenly matched and fans would get full entertainment value for their money.
''We have a nice combination of seniors and youth from which we can form a perfect unit which will bring success to us.'' Sachin also referred to the spirit in which the game would be played, saying that the ''Mumbai Indians'' would go out and play the game in the right spirit and I hope that Mumbaikars would support us in our endeavour.
Answering a query about not playing Twenty20 for India, Sachin said that he had opted out of the World Cup because ''we were coming out of a long tour of England and the players were travelling directly to South Africa. I was not 100 per cent fit and therefore I thought it in the interest of the team to pull out of the event''.
On the Mumbai Indian team, Sachin said that the players were not selected, but procured through auctions. ''In an auction, sometimes things do not go our way and we have to resort to Plan B, or C. However, I am happy with the players we have got and they all will be available for us during the inaugural season, unlike other teams, where some players may not be available,'' he added.
He also defended the money the players were getting, saying that if youngsters can make money then why not. They sacrifice a lot, therefore, if they get good money there is nothing wrong as long as they stay focussed and on the right path.
Speaking about focus, Sachin credited his family for his success, saying that it is important to be mentally very fit while playing.
''My family support has been total on me so that when I go out to play I am mentally fit and able to cope with the pressures,'' he said.
The Indian master blaster also said that while the auction was taking place in India, he was not thinking about the money, but was more curious on which team was getting which player.
Sachin also ruled out the possibility of Twenty20 overtaking Tests or one-dayers, saying that cricket has place for all types of cricket and a shortage version of the game is an exciting form where families can get an evening's entertainment through cricket.