- Vijayawada: PM Narendra Modi government failed on all fronts in last nine years, claims Congress MP N Uttam Kumar Reddy
- Eluru: AP JAC regional meet evokes huge response
- New Delhi: CM Y S Jagan Mohan Reddy stresses on importance of infra
- Kadapa: Y S Jagan Mohan Reddy owes answer in Viveka case, says CPI state secretary K Ramakrishna
- Visakhapatnam: Mugger crocodile hatchlings, a new attraction at zoo
- YSR Kanti Velugu Scheme gets good response in Srikakulam
- Srikakulam: ‘State government suppressing employees’
- Visakhapatnam: Empowering women in G20 countries and beyond
- Visakhapatnam: People find various ways to dispose of Rs 2,000 notes
- Tirupati: Vahana Sevas performed for Govindaraja Swamy
Saina is Hyd's Hotshot
Sold for $120000; Nag's team nets men World No1 New Delhi (PTI): Saina Nehwal's wish to be in her home team came true as Hyderabad Hotshots bought...
Sold for $120000; Nag's team nets men World No1
New Delhi (PTI): Saina Nehwal's wish to be in her home team came true as Hyderabad Hotshots bought the Indian star for $120,000 but World No.1 Lee Chong Wei proved to be the costliest, going to Mumbai Masters for $135,000 in the inaugural Indian Badminton League's players auction here on Monday.
Saina, one among the six icon players whose base price was set at $50,000 (Rs 29,70,482), had stated that she would prefer to be either in Hyderabad or Lucknow with a slight tilt towards her hometown. Her wish was fulfilled with Hyderabad picking her up after making a bid of $120,000 (Rs 71,27,796 approx). But it was Malaysian icon Lee Chong Wei, who got the franchises really excited, triggering a bidding war between Mumbai Masters and the Delhi Smashers.
Eventually, Mumbai, which has cricket legend Sunil Gavaskar among its consortium of owners, came out trumps to bag the biggest international name in fray at the auction for Rs 8,019,032 approximately. Commonwealth Games bronze-medallist Parupalli Kashyap, also an icon player, was picked up by Banga Beats for $75,000 (Rs 4,455,622 approx).
Rising star P V Sindhu was the big buy netted by Lucknow Warriors for $80,000 (Rs 4,752,664 approx), while feisty doubles star Jwala Gutta went to Delhi Smashers at $31,000 (Rs 1,841,699). Jwala's base price was $25,000 (Rs 1,485,241). In another interesting bidding war between Delhi and Pune Piston, little-known Vietnamese Tinh Minh Nyugen was sold to the latter at $44,000 (Rs 2,614,024), way above his base price of $25,000.
The franchises owners - PVP Group (Hyderabad), BOP Group (Bangalore), Krrish Group (Delhi), Sahara (Lucknow), Burman family (Pune) and consortium of cricket legend Sunil Gavaskar, Telugu film star Akkineni Nagarjuna and former cricketer V Chamundeshwarnath (Mumbai) - have a cap of approximately $275,000 to fill the slot of 66 players. The six franchises will buy a total of 11 players each. Six of these will be India, four foreign players and one Indian junior player.