According to BCCI, Chennai based Sun TV Network has won the bid of Hyderabad franchise and buys it for an amount of Rs 85.05 crore per year.
Sun TV beats PVP Ventures to replace Deccan Chargers as Hyderabad franchise of Indian Premier League.
Sun TV has bought the Hyderabad franchise for five years with total amount of Rs. 425 crore.
Kalanidhi Maran own Sun TV is India’s one of the largest media house with 32 television and 45 radio channels.
Tags: BCCI Hyderabad franchise Indian Premier League IPL IPL news Kalanidhi Maran Sun TV Sun TV bought IPL team