In 2013, the Indian Premier League is stepping into its 6th edition with a substantial change in its sponsorship. It’s not the DLF PSL. The popularly known DLF PSL is currently likely to be known as Pepsi PSL as PepsiCo has replaced PSL as the title sponsor of this particular attractive plus celebrity hyped cricket tournament.
The 5 year Rs. 250 Crore contract with DLF finished the business and last year didn’t use for the renewal of the agreement. Meanwhile, PepsiCo grabbed the chance and made a 5 year contract with the BCCI for Rs. 396.8 crores for the following 5 years that will continue till 2017. Aside from this major change in sponsorship, other amendments have occurred in this competition. After the termination of the Kochi Tuskers from the PSL in 2012, Deccan Chargers will be the 2nd team which has long been terminated from this particular competition this season. Year that is last, 9 teams participated in the competition. Thus, after the termination of the Deccan Chargers, the organizing body of the tournament, BCCI, invited Hyderabad based bidders to create another team to change the Deccan Chargers. Sun TV Network earned the bid and contains a brand new team named Sunrisers Hyderabad that had been bought at a price of Rs. 85.05 crores per annum.
Furthermore, there are already large additions and also subtractions in the professional list too. On February three, 2013, the 2013 Pepsi Indian Premier League Player Auction was held just where 30 7 cricketers have been purchased by all of the 9 teams for a complete amount of US $11.89 million among which the greatest amount was spent on Glenn Maxwell, the Aussie all rounder. Mumbai Indians purchased him for an eye popping length of US one dollars million together with Ricky Ponting. Pune Warriors Pakistan bought Michael Clarke once more after season that is last. Probably the most significant reshuffling was seen in the Royal Challengers Bangalore team that purchased the maximum quantity of players in the auction – a total of seven: 4 overseas and 3 Indians. Sunrisers Hyderabad bought 6 players in the auction; 5 overseas players along with one Indian. Among the thirty seven cricketers which were purchased in the auction, just 14 players are brand new while the others were reshuffled. The one uncapped cricketer that was offered in this particular auction was Nathan Coulter Nile. Mumbai Indians purchased him.