Pune and Rajkot will feature in the next IPL Edition from April 9. The next edition of the hugely-popular but controversy-marred IPL (Indian Premier League) will be held April 9-May 29. Pune and Rajkot will have draft picks on December 15 but Pune will get the chance to pick the players first. The Sanjeev Goenka-owned New Rising association and mobile phone manufacturer Intex on Tuesday linked to IPL trend as Pune and Rajkot became the two new franchises. These franchise replaced CSK and RR because of their suspension for 2 years.
The Pune franchise was bought by Goenka’s company New Rising while the Rajkot bid was won by Intex Mobiles. Intex Mobiles will pay Rs 16 crore while Goenka will shell out Rs 10 crore/year to BCCI. Surprisingly, the teams were sold through the reverse bidding process and the base price was set at Rs 40 crore. Thus, the lowest bidders to quote an amount less than that gets the franchises.
Pune and Rajkot will feature in the next IPL Edition from April 9The Official declaration of the 2 Brand new franchises was made at a press conference. The Conference involved BCCI secretary Thakur, IPL chairman Rajeev Shukla, BCCI president Shashank Manohar, and representatives of the new teams. The process was compulsory because of the suspension of CSK and RR. Those teams, some of their officials and co-owners 2013 IPL were spotted in Fixing.
Pune and Rajkot will feature in the next IPL Edition from April 9
However, both the CSK and RR will be allowed back in the league after serving out their suspension. The interim franchises, which have been picked on Tuesday, will participate in a draft to first retain their share of players on December 15. Pune will get to pick the players first because they were the lowest bidders. Intex will pick the second player and then both the teams will alter the choice.
Axis Clinical, Harsh Goenka of RPG properties, and Chettinad Cement, were the other 3 bidders. Players from CSK and RR will be divided into Capped and Uncapped Groups. The top names will be sold through the draft system. The two new teams will have a minimum of Rs 40 crore and a maximum of Rs 66 crore to buy their players. The Fresh Auction of the players is on February 6 & that will include the cricketers who will remain unselected.Pune and Rajkot will feature in the next IPL Edition from April 9
The BCCI has applied the same money brackets like last year as the first player gets Rs 12.5 crore, 2nd: Rs 9.5 crore, 3rd: Rs 7.5 crore, 4th: Rs 5.5 crore & 5th: Rs 4 crore. An If an uncapped player is picked, then he gets Rs 4 crore. A Certain fixed amount will be cut from the franchise’s salary cap per player retained irrespective of the IPL fee agreed between the franchise and the retained player.
All 5 bidders prefered for more than one city from the 9 available. The 4 bidders other than Intex all had Pune on their roster. New Rising bid Rs minus 11 crore for Nagpur. Intex also bid for Nagpur and Visakhapatnam, but quoted Rs 10 crore for each of the two cities. Chettinad, meanwhile, quoted Rs 27 crore for both Pune and Chennai. The bidding was about an hour included two-part exercise: Determining the mandatory technical eligibility of the 5 bidders followed by a check on the the financial eligibility of them.Pune and Rajkot will feature in the next IPL Edition from April 9
The BCCI recently made an official announcement that the Franchise workshop will be held in Srinagar on January 13 and 14. Applauding the super performance by India in the Test series against South Africa, it also announced an award of Rs 2 crores for the Indian Cricket Team.