Cricket

IPL player auction in January

2010-11-17 13:39

Mumbai - The Indian Premier League player auction for the fourth season will be held on January 8-9 in Mumbai.

The auction was planned for November but it was pushed back amid uncertainty over new franchise Team Kochi, which has a deadline of Nov. 27 to prove to the Board of Control for Cricket in India it has resolved internal issues.

The BCCI did not make any further comment about Team Kochi, whose investors are reportedly considering withdrawing, but it did reiterate that eight teams will participate in the new season, which will be played April 8 to May 22 and consist of 60 matches.

The opening ceremony is scheduled for April 7.

If Kochi withdraws, the BCCI will have to begin an auction process for a replacement franchise.

The BCCI has already dropped Punjab Kings XI and Rajasthan Royals because of financial irregularities. Team Sahara and Team Kochi replaced them.

New player auction rules have been introduced for the new season. Franchises can retain four players from their teams but at a cost. Each team will pay $1.8 million for the first player, $1.3 million for the second, $900 000 for the third, and $500 000 for the fourth.

The salary cap for each team is $9 million.

Read more on:    ipl
NEXT ON SPORT24X

Roelofsen shines on Day 1

2014-08-01 22:21

 

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
Live Video Streaming
  • SS3
    Fri, 01 Aug 2014 @
    04:00
  • SS4
    Fri, 01 Aug 2014 @
    05:00
  • SS5
    Fri, 01 Aug 2014 @
    05:59
  • SS7
    Fri, 01 Aug 2014 @
    06:00
Video Highlights
Sport Talk

 
 
Featured Blog

Dave ask if you would like to meet your local sports heroes and stand the chance to win prizes to the value of over R40 000.

Latest blogs
Vote

Which cricketer is currently of most value to the Proteas' Test team?

Twitter Follow Sport24 on Twitter

Newsletters Sign up for the Morning Glory, Super 15 and Soccer newsletters

Blogs Yes your opinion counts. Get it out there

WIN Enter and win with Sport24!

Mobile Sport24 on your mobile phone - WAP, alerts, downloads, services

BlackBerry Stay in the loop on your BlackBerry

iPhone Latest Sport24 news on your iPhone

Facebook "Like" Sport24's Facebook page

TV schedule Plan your couch time with our searchable sport TV guide

RSS Feeds Sport news delivered really simply.

 
There are new stories on the homepage. Click here to see them.