Emerging Media, a UK-based company, bought Rajasthan Royals (the Jaipur team) for $67 million. Rajasthan Royals won the inauguration tournament under legend Shane Warne.
The Rajasthan Royals franchise is owned and chaired by Manoj Badale. Other investors include Ryan Tkalcevic, Lachlan Murdoch, Aditya S Chellaram, Bollywood actress Shilpa Shetty and Suresh Chellaram and her business partner Raj Kundra later bought 11.7% stake in Rajasthan Royals, by paying around US $15.4 million. The team made up the least expensive franchise in the Indian Premier and initially, was not at all favored as a winner. However, it proved the speculators wrong and ended the preliminary round with an impressive 11 wins and only 3 losses. Rajasthan Royals won the semi-final, after defeating Delhi Daredevils, and clinched the finals as well, beating Chennai Super Kings in inauguration tournament.
Last IPL, in 2013, the captained by former Indian captain Rahul Dravid and they lost to Mumbai Indians in Qualifier 2 at Eden Gardens, Kolkata by four wickets.
The logo of Rajasthan Royals comprises of a two lions blowing the war horn and flanking the RR insignia, along with the team's name.
Year wise Team Performance
Year - Position
2008 - Winner
2009 - Sixth
2010 - Seventh
2011 - Sixth
2012 - Seventh
2013 - Third
Rajasthan Royals Players for 2014
Squad strength: 25 (Indian 17, overseas 8)
Squad cost: INR 54.45 crore
Strengths: They managed to buy the most players and still have the most economical squad. They have depth in every department.
Weaknesses: A lot of their back-up players are relatively inexperienced and untested, but that is in keeping with previous Rajasthan squads.