Pepsi won the bid to become the title sponsor of the IPL after DLF ended its contract after five years. On Tuesday, the franchisee’s official twitter account @Sun_IPL wrote: “Our team will be called as ‘Sun Risers’ from #IPL 2013. Spread the word :)”
It was known to our readers that Sun Network of Tamil Nadu had bagged the Hyderabad IPL Franchise in a bidding by BCCI. They have now decided to name it Sun Risers. The franchise earlier was owned by Deccan Chronicle group and was called Deccan Chargers. But BCCI had decided to suspend it after it failed to adhere by the agreement. Deccan Chronicle went to the arbitrator to stall the decision of BCCI but the decision came in favour of the sports authority.