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Indian Premier League franchise buyers place huge bets on long-term growth in Indian sport

Mumbai Indians celebrate after they defeated the Chennai Super Kings during the 201 Indian Premier League Final. (Photo by Robert Cianflone/Getty Images)

The two new IPL franchises auctioned at the end of October attracted eye-popping valuations of $760m and $950m. SportBusiness spoke to Indian sports industry experts to understand the valuations and establish what they mean for the market.

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