Bollywood diva Preity Zinta, franchisee of the IPL's Mohali team, dances after a news conference in Punjab.
Bollywood actress Preity Zinta, franchisee of the Indian Premier League's (IPL) Mohali team, dances after a news conference in Mohali, in Punjab. The IPL, to be played in March and April each year, has eight franchises that were sold for a combined $700 million to companies and consortiums last month for a 10-year period. More than 80 international cricketers are expected to feature in a players' auction in Mumbai on February 20 with each franchise having a cap of $5 million. The inaugural 44-day IPL starts on April 18.
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