<div class="img-caption-wrap "> <img alt="Sachin Tendulkar set to own badminton team: Reports" src="https://st2.cricketcountry.com/wp-content/uploads/cricket/image_20130620183543.jpg" title="Sachin Tendulkar set to own badminton team: Reports" /> <p class="imgcaptionnew" style="width:618px;"> Sachin Tendulkar will be the owner of Mumbai Masters team, sources informed © Getty Images</p> </div> <strong>Mumbai: Jun 20, 2013</strong><br /> <br /> <strong>By Amit Kumar Das</strong><br /> <br /> There will be a dash of cricket in the inaugural Indian Badminton League (IBL) with star batsman <a href="/tags/Sachin-Tendulkar/post" target="_blank">Sachin Tendulkar</a> set to be part of a conglomerate to buy the Mumbai Masters franchise in the event.<br /> <br /> Tendulkar will be part of a conglomerate, which is in the process of buying the Mumbai Masters, according to highly-placed sources in the Badminton Association of India (BAI).<br /> <br /> "Tendulkar is in the process of buying the Mumbai Masters. He would be the external face of the Mumbai team like <a href="/tags/Shahrukh-Khan/post" target="_blank">Shahrukh Khan</a>, who promoted his team <a href="/tags/Kolkata-Knight-Riders/post" target="_blank">Kolkata Knight Riders</a> (KKR) in the Indian Premier League (<a href="/tags/IPL/post" target="_blank">IPL</a>)," a BAI official told PTI on condition of anonymity.<br /> <br /> "He will own a share in the franchise, while the rest will be owned by two to three other companies. He will be one of the partners," the source added.<br /> <br /> The Indian Badminton League took a huge step forward when it announced its first franchise -- the PVP Group that successfully bid for the Hyderabad Hotshots.<br /> <br /> Mumbai, Pune, Hyderabad, Delhi, Bangalore and Lucknow are the six cities that will feature in the first edition of IBL.<br /> <br /> The owners of teams -- Mumbai Masters (Mumbai), Pune Vijetas (Pune), Rajdhani Smashers (Delhi), Karnataka Kings (Bangalore) and Lucknow Warriors (Lucknow) -- have been decided but will be officially revealed later this month.<br /> <br /> "Lucknow will be owned by Sahara, while Dabur is buying Pune. Bangalore is also confirmed. They have invested a lot of money already. Delhi and Karnataka are owned by corporates from real estate," the source added.<br /> <br /> The USD one million IBL is less than two months away and organisers are planning to divulge more details in the time to come.<br /> <br /> "At a lower level, we have not started our work till now. Till now the organising committee for the different cities has not been decided. So there is still no clarity on a few things, there are few issues to be sorted out," the source said.<br /> <br /> "Some officials are in Singapore now to talk to the players for their agreement. The auction stands on June 30 as of now. Last week there was a meeting in Delhi, all this was discussed."<br /> <br /> The league, which will feature six franchises and run for 18 days, is set to be launched on August 14 with some high-voltage action expected between PVR Ventures' Hyderabad Hotshots and Karnataka Kings.<br /> <br /> Each franchise will host a two-day leg and the event will have a grand total of 90 matches. The top four franchises will clash in the semifinals and the winners will meet in the grand final on August 31 in Mumbai.