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Oct 26, 2021 · A total of 9 bidders were in the running to own one of the two new franchises from the 15th edition of IPL onwards. Only one crossed the INR 7000 cr mark while two others had breached the INR 5000 cr mark. Six others had lodged bids in the INR 4000 cr region. Full list of bids lodged for 2 new IPL franchises:
Oct 25, 2021 · 2. Irelia Company Pte Ltd. (CVC Capital Partners) – Ahmedabad (for INR 5625 crores) The new franchises will participate in IPL from 2022 season onwards subject to the bidders completing the post-bid formalities as specified in the ITT document. The IPL 2022 season will comprise ten teams and will have 74 matches, wherein each team will play 7 ...
21 hours ago · The auction purse for the franchises has been set at INR 120 Crore for IPL 2025. The total salary cap will now consist of auction purse, incremental performance pay and match fees. Previously in 2024, the total salary cap (auction purse + incremental performance pay) was Rs. 110 Crs which will now be Rs. 146 Crs (2025), Rs. 151 Crs (2026) and Rs. 157 Crs (2027).
Oct 25, 2021 · The Board of Control for Cricket in India (BCCI) has announced successful bidders for two new Indian Premier League (IPL) franchises — RPSG Ventures Ltd. – Lucknow (for Rs 7,090 crores) and ...
BCCI is pleased to announce the following successful bidders (subject to definitive documentation and other formalities being completed): 1. RPSG Ventures Ltd. – Lucknow (for INR 7090 crores) 2 ...
21 hours ago · Franchises can retain up to six players each, the right-to-match option is back at the auction, and the Impact Player rule will remain in place for IPL 2025.That aside, the auction purse is bigger ...
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8 hours ago · The Indian Premier League (IPL) is considering a new retention model that would allow franchises to retain five players each and use one right-to-match (RTM) card during the upcoming IPL 2025 auction.
