Mumbai: A long awiated decision on adding two teams in IPL finally came true here on Sunday as Kochi and Pune are the new IPL teams.
Sahara and Rendezvous Sports World win bids for New IPL teams for IPL 4.
Sahara Adventures LTD wins bid for Pune Team. Sahara gets Pune team for Rs.1702 crores and it was the highest bidder.
Rendezvous Sports World gets Kochi for 1533 Crores.
"No second log of Overseas IPL" Lalit Modi said.
"I would like to play for Kochi team and thanks to modi for making this a reality", Sreesanth said