Deccan Chargers

	Owner: Deccan Chronicle and M Group Franchise fee: $107 million Most expensive player: Andrew Symonds - $1,350,000
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The Deccan Chargers of Hyderabad is owned by media house Deccan Chronicle. Local favourite and captain of the team VVS Laxman gave up the chance to be Icon Player to help his team have more to bid with. The gesture did pay off and the Chargers added the likes of Adam Gilchrist, Andrew Symonds, Scott Styris, Herschelle Gibbs and Shahid Afridi to its roster. RP Singh, Chaminda Vaas and Nuwan Zoysa were also the pick of the bowlers. Exciting young prospects like Rohit Sharma, Venugopal Rao, Arjun Yadav and Sarveesh Kumar are also part of the squad. The Deccan Chargers mascot represents a charging bull signifying strength, power and aggression while the red and gold bands on the flag stand for dominance and victory. Former Indian player Robin Singh will don the coach's role and the squad will look to live up to their tag of being "The Unstoppables".