This Diwali will literally be a bumper one for Indian cricket fans as not only will they see the pending IPL matches take place, but also BCCI giving two brand new IPL teams
By mid of October, the Board of Control for Cricket in India (BCCI) will finish the 31 remaining matches of the 2021 Indian Premier League in UAE. In addition to this, it will also finalize the two new much-awaited IPL teams for the next season. As of now, the Board will come out with tender documents for the two new teams by August. It will confirm the new teams by middle of October.
BCCI To Confirm The Two New IPL Teams By Mid-October
According to InsideSport, Ahmedabad will surely be one of the front runners for a new IPL team. As for the second slot, multiple cities are likely to vie for that. The tenders will give the potential bidders eight to ten cities as options for the new teams. Some of the cities that will be in contention for the two slots include Ahmedabad, Pune, Lucknow, Kanpur, Guwahati, Indore, Kochi, Raipur and Trivandrum.
As for the base price and bidders, nothing is final yet, according to one of the senior Board officials stated. “IPL teams are a great investment and has given the initial investors great returns. My personal view is that it will be nothing less than 2000 Cr,” the official said.
IPL New Team List 2022
When it comes to who can afford to invest such an amount on the new times, though again nothing is final yet, a few names have been doing the rounds. These include the Kolkata-based RP-Sanjiv Goenka Group and the Adani group headquartered in Ahmedabad. The Gold Finance company down South and a Pharma company based out of Hyderabad are also some key players.
IPL 2022 Player Retention Rules
With the introduction of two new teams next season, IPL 2022 will definitely have more matches and take place over a larger window. As for the player retention rules, each franchise can retain four players. The teams can either retain 3 Indian players and 1 overseas player or 2 domestic players and 2 foreign players.
The salaries of these 4 players will be deducted. Hence, they would most likely prefer to head to the auction pool. The mega auction was scheduled for 2021. But that could not happen with a jam-packed schedule in place over the course the pandemic. It has now been rescheduled to take place in 2022.
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