Deccan Chargers renamed as Sunrisers

Sun Group today announced Sunrisers as the new name for Hyderabad(Deccan Chargers) Indian Premier League team and expressed confidence that they will do well and cheer cricket fans all over.

Kalanithi Maran and Chennai-based Sun TV Network own the team, which replaced Deccan Chargers, the terminated franchise.

The Sun Group Thursday unveiled the name and the logo -- an eagle soaring high, looking into the core of a rising Sun.

The Chennai-based company, which won the IPL franchisee through an auction, named former Australian cricketer Tom Moody as team coach, Kris Srikkanth, team mentor and strategist and former Hyderabad test cricketer V.V.S.Laxman as mentor and brand ambassador for the team.

Sunrisers has retained 20 players of Deccan Chargers: Kumar Sangakkara (captain), Cameron White, Dale Steyn, Chris Lynn, Jean-Paul Duminy, Juan Theron, Abhishek Jhunjunwala, Akash Bhandari, Akshath Reddy, Amit Mishra, Anand Rajan, Ankit Sharma, Bharat Chipli, Biplab Samantray, Shikhar Dhawan, Veer Pratap Singh, Parthiv Patel, Ashish Reddy, DB Ravi Teja and Ishant Sharma.

Deccan Chargers, winners of IPL 2009, were terminated by the Board of Control for Cricket in India (BCCI) after the franchise defaulted in payments to both BCCI and the players.

The Sun Network won the bid for the Hyderabad franchise for Rs.85.05 crore per year for the next five years, making it the second most expensive IPL team after Pune Warriors (Rs.702 crore for seven years).