New IPL teams: BCCI expecting between Rs 7k cr to Rs 10k cr

The Indian cricket board will be expecting the two new IPL franchises to go for Rs 7000 crore to Rs 10,000 crore each after the bidding process begins in Dubai on Monday. There are 22 companies which have picked up tender document worth Rs 10 lakh but with base price for new teams pegged at INR 2000 crore, there is expected to be only five to six serious bidders in fray.

source https://timesofindia.indiatimes.com/sports/cricket/ipl/top-stories/new-ipl-teams-bcci-expecting-anything-between-rs7k-cr-10k-cr-with-adani-goenka-aurobindo-in-fray/articleshow/87235873.cms