The franchisee of the Hyderabad team of the Indian Premier League was bought by the Deccan Chronicle for a price of $107 million. The owners of this team were one of the most aggressive bidders when the players were being auctioned by the IPL. J Krishnan is the CEO of the team whereas Robin Singh will coach the Hyderabad side.

VVS Laxman who is a Hyderabad local was first hired as the Icon player of the team and will also captain the side in the league. However to be able to buy more players of high name, it was required by Laxman to give away his Icon player status which he happily did.

Many players of world fame were acquired by the franchisee owners for which they paid high prices too. Andrew Symonds was the second highest paid player in the IPL auction and was bought for a whopping $1,350,000. Other players in the team are great batsmen and excellent bowlers which include Adam Gilchrist, Shahid Afridi, Scott Styris and Herschelle Gibbs, R.P. Singh, Nuwan Zoysa and Chaminda Vaas etc. Other players are Rohit Sharma, Chamara Silva, Pragyan Ojha, Arjun Yadav, Venugopal Rao, N Sarveesh Kumar, etc.

Sl No.	Player	Category	Cost-US $	Country
01	VVS Laxman	Batsman (C)	$375,000	India
02	Herschelle Gibbs	Batsman	$575,000	South Africa
03	Rohit Sharma	Batsman	$750,000	India
04	Chamara Silva	Batsman	$100,000	Sri Lanka
05	Venugopal Rao	Batsman		India
06	Dwaraka Ravi Teja	Batsman		India
07	Arjun Yadav	Batsman		India
08	Adam Gilchrist (wk)	Batsman/WK	$700,000	Australia
09	Halhadar Das	Batsman/WK		India
10	Andrew Symonds	All Rounder	$1,350,000	Australia
11	Shahid Afridi	All Rounder	$675,000	Pakistan
12	Dwayne Smith	All Rounder	$	West Indies
13	Scott Styris	All Rounder	$175,000	New Zealand
14	Sanjay Bangar	All Rounder		India
15	Doddapaneni Kalyankrishna	All Rounder		India
16	Chaminda Vaas	Bowler	$200,000	Sri Lanka
17	Nuwan Zoysa	Bowler	$110,000	Sri Lanka
18	RP Singh	Bowler	$875,000	India
19	Pragyan Ojha	Bowler		India
20	PM Sarvesh Kumar	Bowler		India
21	Fidel Edwards	Bowler		West Indies
22	Paidikalva Vijaykumar	Bowler		India