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New Teams & 4-Player Retentions in BCCI's Blueprint for IPL: Report

The BCCI blueprint is understood to increase the salary purse for the teams to INR 90 crore.

Updated
IPL
2 min read
<div class="paragraphs"><p>Vivo IPL Trophy at the 2021 IPL Player Auction.&nbsp;</p></div>
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The BCCI has a blueprint ready for the IPL wherein two new teams will be brought in for the IPL. The blueprint also includes details about player retention, the mega auction, increment in salary purse and media rights tender too, the Times of India reported.

For the new teams a tender will be brought out mid-August, and after the mandatory checks, the bidding will be opened in mid-October.

The business groups showing interest in the teams are Kolkata-based RP-Sanjiv Goenka Group; the Adani group from Ahmedabad; Aurobindo Pharma Ltd from Hyderabad and the Torrent Group that operates from Gujarat.

Meanwhile for the retention of players, each team will be given an option of retaining four players, three Indians and one overseas player or two Indians and two overseas players.

The report also states that the salary purse will for the teams will be increased to INR 90 crore. Not only that, in the next three years, the amount will rise to Rs 100 crore ahead of 2024 season. Out of this amount, teams will have to spend a minimum of 75%.

The teams will have to deduct the specified amounts from salary purse before the auction. “Some players may like the idea of not wanting to be retained and will want to head into the auction pool. That’s because there’s an increase in the salary purse and two new teams are being added. So, there’ll be a rush to grab talent. Expect some leading Indian cricketers to forward their names for the auction," the report quoted a source as saying.

As far as the media auction is concerned, it will be done at the end of 2021. With March being potentially available from the 2023 IPL, it will help the BCCI to conduct 90 plus matches between 10 teams. The media rights too are expected to surge by a minimum of 25%.

(At The Quint, we are answerable only to our audience. Play an active role in shaping our journalism by becoming a member. Because the truth is worth it.)

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