The news of the inclusion of two new teams in the Indian Premier League (IPL) has been doing rounds for a while. However, no official confirmation was made about the same by the BCCI. But if reports are to be believed, the board has made up its mind about adding two more teams to the showpiece event.
As per TOI, the BCCI will begin the process of finalizing the teams in August and the new franchises will be introduced in October. The report further states that Adani Group owned by Gautam Adani, RP Goenka Group, Hyderabad-based Aurobindo Pharma and major multi-national group Torrent Group are in contention to bid for the new teams.
BCCI’s call to introduce the teams in October is driven by the fact that the second leg of the IPL will be held at the same time and the board thinks it will be the best time to introduce the new teams. Also, it will give the new teams sufficient time to prepare for the T20 extravaganza in 2022.
Earlier, the BCCI had planned to organize the mega auction for IPL 2022 before the 2021 edition. However, the Coronavirus wreaked havoc and the board was left with no option but to postpone the event. The mega auction is believed to be held in December 2021 now.
The BCCI is expected to raise the salary cap of the teams to 90 crores from 85 crores. Also, the teams can retain as many as four players but the franchises had to mandatory spend 75% of the salary purse. Moreover, the teams have to retain at-least two Indian players. They can either retain two Indians and as many overseas players or three Indians and one overseas player.
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