IPL's two new teams to be named today, franchise with lowest bid to get lucky with MS Dhoni

New Delhi: The wait is finally over. The Indian Premier League (IPL) is all set to get its two new teams today, after the Board of Cricket for Control in India (BCCI) will open tenders for the same in the national capital in the afternoon.

Only the two teams will be announced today, and their owners will get to buy 10 players on December 15.

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While there are several world class players available for auctions from Rajasthan Royals and Chennai Super Kings – two franchises who were suspended for a two-year period from the tournament after a Supreme Court order, the first bidding in all likelihood will be of MS Dhoni – the former CSK skipper, who is probably the most valuable player in the tournament.

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There is one interesting clause which says that the team with the lowest bid will have the first right to pick a player from the elite list of players from the two popular franchises.

Earlier, IPL's governing council had decided to omit Jaipur and Kochi from the list of cities which will bid for new IPL teams on December 8.

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BCCI Working Committee had decided to replace CSK and RR following the interim report of the Supreme Court-appointed Justice Lodha Committee on the spot- fixing and betting scandal in the IPL 2013.

In November, IPL chairman Rajeev Shukla had informed that the process to find new teams will begin after November 15 and interested parties can seek clarification till December 4.