BCCI prepares blueprint for two new IPL teams, mega auction expected in December

Digital Desk, New Delhi. The BCCI has prepared a blueprint for the addition of two new teams in the Indian Premier League. Apart from new teams, this blueprint also includes issues like players’ retention rules, mega auctions, increase in purse salaries and tenders for media rights. The tender for the new IPL teams will be floated in the month of August and the process is expected to be completed by October. Preparations are being made to conduct the mega auction in the last month of the year i.e. December.

According to the news of ‘Times of India’, to add two new teams in the IPL, BCCI will float a tender in August this year and new teams will be announced in October. Kolkata-based Sanjeev Goenka Group, The Adani Group, Aurobindo Pharma Ltd and Torrent Group have shown interest in buying new teams. BCCI is also preparing to increase the purse salary of the franchisees. Purse salary will be increased from 85 crore to 90 crore and purse salary will be increased from 90 to 95 crore, 95 to 100 crore in the next three years before the 2024 season. The franchisee will be required to spend at least 75 percent of the purse salary. The mega auction may be held in December this year.

BCCI will also make some changes in the rules for retaining players. Each team must retain four players. The franchise will be able to retain either 3 Indian and one foreign player or two Indian and 2 foreign player. 15 crore, 11 crore and 7 crore rupees will be deducted from the purse salary of the franchise for retaining three players, whereas in the case of retaining two players, 12.5 crore and 8.5 crore will be less than the purse salary. If the franchisee retains a player, then there will be a deduction of 12.5 crores from the purse salary. Along with this, BCCI is also preparing for a big media rights auction. For which tender can be taken out in January 2022.


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