The league, which is one of the highest prize money badminton tournaments in the world, was initially scheduled to take place in the last week of December in Delhi, Mumbai and Pune.
Seven teams will be vying for top honours in the league which will witness some of the world's best in action and offers a total prize money of Rs six crore, Prasad Mangipudi, executive director, SportzLive, said at a press meet here on Saturday.
Asian Games gold medallist Tai Tzu -- playing for Bengaluru Raptors -- is one of the top global stars taking part in the PBL season 5 which begins here on January with a match between Sindhu's Hyderabad Hunters and Chennai Superstarz
P V Sindhu was retained by Hyderabad Hunters for Rs 77 lakh in the auction. World number 1 Tai Tzu Ying of Chinese Taipei was also bought for the joint highest amount by defending champions Bengaluru Raptors.
Indian star shuttler Kidambi Srikanth has pulled out of the Premier Badminton League to concentrate on international tournaments.
The 26-year-old from Guntur, who had guided Bangalore Raptors to their maiden title win in the last PBL, will not feature in the fifth edition scheduled to be held from January 20 to February 9.
Saina Nehwal has decided to opt-out of the upcoming season of the Premier Badminton League to recover for the next season, which also includes the Tokyo Olympics.
Bengaluru Raptors beat Mumbai Rockets 4-3 to win their maiden Premier Badminton League title.
Top shuttlers including Olympic medallists PV Sindhu, Saina Nehwal, world champion Carolina Marin and former world no 1 Victor Axelsen will headline the players' auction.
The Hunters came back into the tie strongly, with their Trump player Lee Hyun Il coming up with a near immaculate game.
The Spanish left-hander proved too good for Nehwal as she won 15-5, 15-7 in a jiffy to add to the Warriors' woes.
In the much-anticipated clash between Sindhu and the world number one Tai Tzi Ying, it was the Indian world number three, who emerged triumphant.
Hyderabad Hunters' star shuttler Carolina Marin justified her World No. 3 billing by defeating Michelle Li 15-9, 15-11.
Sindhu added that the Premier Badminton League is a great platform for the young Indian shuttlers to rub shoulders with some of the world's best.
Jayaram, who has reached the finals of the PBL consecutively in the past two years with two different teams, will surely look to make it a hat-trick of finals leading his new team to the last stage of the tournament and make their debut season a memo
The first leg will take place in new entrants North Eastern Warriors' hometown, Guwahati, who enter the arena on the very second day to face the might of Carolina Marin's Hyderabad Hunters.
Prannoy was picked up by Ahmedabad Smash Masters for a whopping price of Rs 62 lakh, while, Awadhe Warriors had to shell out a huge sum of Rs 56.1 lakh to get the services of Srikanth.
Defending champions Chennai Smashers retained Olympic silver medallist and their star shuttler PV Sindhu for a whopping price of Rs 48.75 lakhs in PBL auction on Monday.
PBL is held under the aegis of the Badminton Association of India and has already acquired the tag of being the richest badminton league which attracts all the top players from around the world.
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