Mumbai Indians

Mumbai Indians
Reliance Industries Limited through its subsidiary Reliance Retail Ltd purchased the rights for the Mumbai franchise of Indian Premier league for a total of $111.9 million during the auction on January 24, 2008. The RIL bid has made the Mumbai Indians the most expensive franchise in IPL.
The team logo has the Sudarshan Chakra with the team’s name engraved in it. The team’s colour will be blue. The choice of the name “Indians” for a regional competition is widely regarded as a blunder.