On January 24,2008 the following eight franchises won the bids and this bidding made the Board Of Cricket Control In India richer by US$723.59 million.The CEO Sunder Raman and commissioner Lalit Modi are said to be the master mind behind all this concept.
| Franchise | Owner(s) | Price (USD) |
| Bangalore Royal Challengers | Dr. Vijay Mallya / UB group | $111.6 million |
| Chennai Super Kings | India Cements / N Srinivasan | $91 million |
| Delhi Dare Devils | GMR Holdings | $84 million |
| Hyderabad | Deccan Chronicle | $107 million |
| Jaipur Rajasthan Royals | Emerging Media :(Manoj Badale, Lachlan Murdoch, Suresh Chellaram) |
$67 million |
| Kolkata | Shah Rukh Khan,Juhi Chawla Mehta and Jay Mehta | $75.09 million |
| Mohali | Preity Zinta, Ness Wadia , Karan Paul (Apeejay Surendera Group) and Mohit Burman (Dabur) |
$76 million |
| Mumbai | Mukesh Ambani/ Reliance Industries Limited | $111.9 million |
Now that Twenty20 has become very mind blowing entertainment cricket and if the whole idea is to see players hit fours and sixes why we still need 11 players just to play 20 overs? Surley if one and two runs are not counted and added to the score, then how many unpires will be needed? Hope time to come we will see Ten10 cricket will be even more exciting.