League organization[edit]
Franchises[edit]
The winning bidders for the eight franchises (or clubs) were announced on 24 January 2008.[19] While the total base price for auction was US$400 million, the auction fetched US$723.59 million.[20] Chennai Super Kings, Delhi Daredevils, Kings XI Punjab, Kolkata Knight Riders, Mumbai Indians, Rajasthan Royals, Royal Challengers Bangalore and Deccan Chargers were the founding clubs of the new professional league.
On 21 March 2010, teams from Pune (Pune Warriors India) and Kochi (Kochi Tuskers Kerala) were unveiled as the two new clubs for the fourth edition of the Indian Premier League. The base price was $225 million. While Pune was bought by Sahara Adventure Sports Group for $370 million, the Kochi franchise was bought by Rendezvous Sports World Limited for $333.3 million.[21] The second franchise auction fetched total $703 million.
The rights to the new Hyderabad franchise were awarded to the Sun TV Network in October 2012.[22] Supreme court of India gave an order that Chennai Super Kings andRajasthan Royals will be ruled out of IPL considering 2013 IPL scam.
Tournament rules[edit]
There are five ways that a franchise can acquire a player: In the annual auction, signing domestic players, signing uncapped players, through trading, and signing replacements.[23][24] In the trading window, the player can only be traded with his consent. The franchise will have to pay the difference between the old contract price and the new contract price. If the new contract is worth more than the older one, then the difference will be shared between the player and the franchise selling the player.[25][26]
Some of the team composition rules are:
- A minimum squad strength of 16 players plus one physiotherapist and a coach.
- No more than 11 foreign players in the squad and a maximum of four foreign players should be in the playing eleven.
- A minimum of 14 Indian players must be included in each squad.
- A minimum of six players from the BCCI under-22 pool must be included in each squad.
IPL games utilise television timeouts, hence there is no time limit for teams to complete their innings. However, there may be a penalty if the umpires find teams misusing this privilege at their own choice. Additionally, each team is given a two-and-a-half-minute "strategic timeout" during each innings; one must be taken by the bowling team between the 6th to 10th overs, and the batting team between the 11th to 16th overs.[27]
The total spending cap for a franchise in the first player auction was US$5 million. Under-22 players are to be remunerated with a minimum annual salary of US$20,000 while for others it is US$50,000.
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