There are eight teams contesting in IPL Twenty20 tournament currently, owned by their respective IPL franchises distributed evenly throughout India. In January 2008, the eight IPL franchises were awarded to the highest bidders that involved big wigs of industries ranging from aviation to entertainment.
According to the latest rules framed, each IPL team is to be constituted meeting certain guidelines such as:
According to the latest rules framed, each IPL team is to be constituted meeting certain guidelines such as:
- Minimum squad strength- 16 players plus one physio and a coach
- Foreign players allowed in each squad - 10 (Maximum 4 in the playing XI)
- Minimum number of local players to be included in each team - 8
- Minimum number of players from the BCCI under-22 pool to be included in each team - 2
IPL currently has eight playing teams which are:
- Royal Challengers Bangalore
- Hyderabad Deccan Chargers
- Chennai Super Kings
- Delhi Daredevils
- Kings XI Punjab
- Kolkata Knight Riders
- Mumbai Indians
- Rajasthan Royals
After the grand success of IPL's inaugural season, there have been reports of a possible expansion during 2010-11 season taking the total to twelve with addition of four new teams. Further induction of new teams is also anticipated during 2012-13 IPL season.
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