Two new teams were added for IPL 2022 in the form of Lucknow Super Giants and Gujarat Titans, taking the total number of teams to 10. Now, the addition of two more new teams is being considered.

IPL Trophy

All 10 teams are preparing their retention lists ahead of the IPL 2027 auction, the deadline for which is November 17th. Meanwhile, a report suggests that the Indian Premier League may see another expansion. The BCCI is considering adding at least two new franchises from the 2028 edition.

According to a Mint report, Vadodara and Pune are potential destinations. A source familiar with the matter stated that discussions are in the early stages. The cities have not yet been finalized, so this could change. It's reported that this expansion could occur during the IPL's next media rights cycle, between 2028 and 2032. The report states that, given the growing interest from domestic business groups and international investment firms, each new franchise could command a valuation of over $1 billion.

The report states that potential investors could include private equity firm Permira, West Asian sovereign wealth funds, US-based family offices, Asian government investment institutions, and major Indian business groups. High-net-worth individuals are also considering investing in these proposed teams, with some even buying stakes.

Pune has previously hosted two IPL franchises. From 2011-13, Pune was home to the Sahara Group-owned Pune Warriors India. In 2016 and 2017, Pune was home to the Rising Pune Supergiants.

It should be noted that there were eight teams playing in the IPL until 2021. In 2022, two new IPL teams, the Gujarat Titans and the Lucknow Super Giants, were added, bringing the total number of teams to 10.

10 teams to play in IPL 2027

Chennai Super Kings (CSK)

Mumbai Indians (MI)

Royal Challengers Bangalore (RCB)

Rajasthan Royals (RR)

Sunrisers Hyderabad (SRH)

Kolkata Knight Riders (KKR)

Punjab Kings (PBKS)

Delhi Capitals (DC)

Gujarat Titans (GT)

Lucknow Super Giants (LSG)