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Vijay Mallya, the owner of Bangalore Royal Challengers, has kept the captaincy options open. Minutes after picking up Kevin Pietersen at USD 1.55 million, Mallaya said he was happy with the price he got him at. "The captaincy options are open. The team management will take a decision on it." The Royal Challengers, who finished second last the previous year, were led by Rahul Dravid. On March 21, 2009 Vijay Mallya announced that Kevin Pietersen was replacing Rahul Dravid as the team captain for the 2009 season.The reason given was Dravid's absence in the league due to family related reasons.[13] However many suspect that the change in captaincy is the result of the poor performance of the team in the first season of the Indian Premier League.