Besides Marin and Sindhu, Olympic bronze winner Viktor Axelsen of Denmark will be among the 16 Olympic medallists who have confirmed their participation at the second edition of the event to be held from January 1 to 14.
PBL, which is the revamped edition of the Indian Badminton League (IBL), will, however, see the top shuttlers from China and Japan give it a miss as they would be busy with their respective national tournaments.
The six-team strong competition will be held in state of the art stadia across the country, including Hyderabad, Bengaluru, Mumbai, New Delhi and Lucknow.
Each franchise will be splashing Rs. 1.93 crore to build a formidable team, with the individual price for the top players likely to go up to a phenomenal amount of Rs 65 lakhs for the two-week league.
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All available players will go under the hammer but teams have the option of retaining three players by invoking the Right to Match option and paying up the final bid price.
BAI President and Chairman of PBL, Dr Akhilesh Das Gupta, said: "It is a matter of immense pride for us to be back with the new edition of the PBL. It was a huge success last year and we promise to not only replicate the same level of success but to also strive to make it even better.
Pullela Gopichand, National coach and Chief Advisor of PBL, said: "Thanks to the spectacular performance of Indian Players at the Olympics, the game has added a large number of new viewers, so our effort will be to make the League as exciting and interesting as possible.
"We are bringing in certain innovations in the format of the League to make it even more spectator friendly."
The Acers are owned by Infinite Computer Solutions, while the Smashers and the Hunters are owned by Wone Pvt. Ltd and Agile Security Force Pvt. Ltd respectively.
The Bengaluru team is owned by the consortium that has invested in Kerala Blasters, an India Super League team and Bangalore Top Guns and hence has been rechristened as Bangalore Blasters.