By a staff reporter: Punjab Kings co-owner Ness Wadia feels Rs 2000 crore base price for two new IPL teams is a conservative number which should go up by 50 to 100 per cent during bidding. The new franchises will be announced on October 25, making the IPL a 10-team affair. Speaking to PTI, Wadia said the addition of the teams will lead to appreciation of the IPL's value as well as the existing franchises. "The minimum base price is Rs 2000 crore at the moment, it will go for quite a lot more. Based on my little experience and knowledge of the IPL 2000 is very conservative and I wouldn't be surprised if it went up a minimum of 50 to 100 per cent more than that. I would expect at least Rs 3000 crore plus.
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