BCCI sets base price for new IPL teams at ₹2000 crore
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The 2022 edition of the IPL will see a prominent expansion with two more franchises to be added. The BCCI has reportedly set the base price for the two prospective IPL teams at ₹2000 crore, and the board expects to attain atleast ₹5000 crore once the bidding war ends. Initially, the base price was slated to be set at ₹1700 crore but the price was late on increased and finalized at ₹2000 crore.