The six franchises had a purse of $275,000 to buy players in the auction, which was held a few days back in Delhi. Each team comprises of 11 players - four foreign, six Indians and one junior.
Matches will be played on home and away format in four categories - men's singles, men's doubles, women's singles and mixed doubles.
The top four will make the semi-finals. The final is scheduled for August 31 in Mumbai.
Here, get to know about Mumbai franchise - Mumbai Masters.
Team: Mumbai Masters
Owners: Sunil Gavaskar, Nagarjuna, V Chamundeswarnath
Host Association: Maharashtra Badminton Association
Host Stadium: Sardar Vallabh Patel Stadium
Costliest player: Lee Chong Wei (Malaysia) $135,000
List of players purchased in auction
Lee Chong Wei (Malaysia) $135,000
Marc Zweibler (Germany) $15,000
Vladimir Ivanov (Russia) $15,000
Tine Baun (Denmark) $30,000
Pranav Jerry Chopra (India) $36,000
Manu Attri (India) $10,000
Siki Reddy (India) $11,000
PC Thulasi (India) $10,000
Rasika Raje (India) $3,000
Sumeet Reddy (India) $7,500
Mumbai Masters schedule
Vs Banga Beats - August 14
Vs Pune Pistons - August 17
Vs Krrish Delhi Smashers - August 20
Vs Hyderabad Hotshots- August 22
Vs Lucknow warriors- August 24