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StriKe

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StriKe Newbie

StriKe

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Money brackets for retaining players Irrespective of the IPL fee agreed to between the franchise and the retained player, a fixed amount will be deducted from the franchise's salary cap per player retained. The break-up is as follows: Capped players Player 1 - Rs 125 million Player 2 - Rs 95 million Player 3 - Rs 75 million Player 4 - Rs 55 million Player 5 - Rs 40 million Uncapped players Rs 40 million for each uncapped player retained
IPL franchises will be allowed to retain up to five players ahead of the 2014 auction, and have the option of buying back additional members of their squads at the auction via "right to match" cards, according to the rules released on Tuesday. The auction will be on February 12, and carried into February 13 if required, at a venue yet to be decided. The right to match essentially gives a franchise the first right of refusal to its players, allowing it to buy its player back after other franchises have completed the bidding process for him. For example, if Mumbai Indians have already retained five players but want Player X, they merely have to wait till the bidding in the open auction for Player X is over and match the highest bid offered for him. The number of right to match cards available to each franchise will depend on the number of players already retained. A franchise retaining between three and five players will have one right to match card, while a franchise retaining up to two players will have two right to match cards; those not retaining any player will have three cards to play. In all, combining players retained before the auction and those for whom the right to match is exercised, a franchise cannot retain more than four capped India players. The salary cap for franchises is set at Rs 600 million (approx US$ 9.6 million at the current exchange rate) for 2014. All players, including uncapped Indians, will go into the auction. Indians will be paid in rupees starting from the 2014 season, while overseas players have the option of choosing the currency in which they are paid. Players will be paid an additional 10% of their IPL fee, if they play in the Champions League T20 for their franchise.
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StriKe Newbie

StriKe

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Player contract

  • One-year term with a franchise having the option to extend for either one or two additional years. The option must be exercised on or before 15 December in each year.
  • IPL league fee for all players to be denominated in Indian rupees.
  • Overseas players to be paid in the currency of their choice at the prevailing exchange rate on either the actual date of payment or contract due date, whichever is beneficial to the player.
  • IPL league fee to exclude payment for playing in the Champions League Twenty20, but to include up to six approved friendly matches.
  • The additional fee for playing in CLT20 to be an amount equal to 10% of the IPL league fee.
Squad composition
  • Each squad must include no less than 16 and no more than 27 players, of which up to 9 may be overseas players.
  • No more than four overseas players in the playing XI for any match.
  • No minimum quota for catchment area players.
  • Under-19 players must have played either First-class or List A cricket before signing for IPL.
  • Salary Cap for the IPL league fees of the entire squad to be Rs. 60 crore for 2014, increasing by 5% per annum for 2015 and 2016.
  • Minimum squad-spend of Rs. 36 crore in each of the 2014, 2015 & 2016 seasons.

Retaining players in advance of the 2014 player auction
  • In advance of the 2014 Player Auction, a franchise may sign up to five players (either capped or uncapped, no more than four of whom may be capped Indians) who were in its squad in 2013, including those who were unavailable during the season and those who were taken as temporary replacements.
  • The player contract for the retained player (in standard form and signed by both the player and the franchise) must be lodged with the BCCI on or before Friday, January 10, 2014.
  • Embargo on franchises approaching any players who were in another franchise's 2013 squad until Saturday, January 11, 2014.
  • Irrespective of the IPL league fee that is agreed between the two parties and which is set out in the player contract, the 2014 Salary Cap (and if appropriate the 2015 and 2016 Salary Caps) for the franchise will be charged as follows:
For Capped Players
  1. Rs. 12.5 crore for the first capped Player so retained.
  2. Rs. 9.5 crore for the second capped Player so retained
  3. Rs. 7.5 crore for the third capped Player so retained
  4. Rs. 5.5 crore for the fourth capped Player so retained
  5. Rs. 4 crore for the fifth capped Player so retained

For Uncapped Players
  • Rs. 4 crore for each uncapped Player so retained
  • For the purpose of determining the Salary Cap charge for each player retained, franchises will be deemed to have retained capped players in the order of their actual IPL league fee (from the highest to lowest). If two or more retained capped players have the same IPL league fee, the relevant Salary Cap charges shall be added together and divided by the number of such players, with the Salary Cap being charged by the same amount for each player. For example if a franchise retains only two capped players, with the two having the same contracted IPL league fee, the Salary Cap charge for each shall be Rs. 11 crore (being Rs. 12.5 crore plus Rs. 9.5 crore divided by 2).
  • A franchise which retains the maximum of five players, all of whom are capped, will have a balance of Rs 21 crore to pay the remaining up to 22 players in its squad for the 2014 season.
  • Retained players may not be traded.
Auction
  • Auction to be held on Wednesday 12 and, if necessary, Thursday February 13, 2014.
  • All players (capped or uncapped, Indian or overseas, those who did or did not play in IPL in 2013) must enter the 2014 player auction process if they want to play in the IPL in 2014. The only exceptions are those who are retained in advance as described above.
  • Only players who enter the player auction process (but are not taken by a franchise during the player auction) are eligible to be taken as a replacement during the 2014 season.
  • The format of the 2014 Player Auction will be broadly similar to that of the 2013 Player Auction with the addition that each franchise will have a number of "rights to match" which it may exercise during the course of the auction for any players who were in its squad in 2013.
  • The number of "rights to match" available to a franchise will depend on the number of players that the franchise retained in advance:

  1. If the number of players retained by a franchise prior to the auction is three or more, they are entitled to only one "right to match" during the auction.
  2. If a franchise retains only one or two players prior to the auction, they are entitled to two "rights to match" during the auction.
  3. If a franchise doesn't retain any player prior to the auction, they are entitled to three "rights to match" during the auction.

  • The "right to match" is to be exercised as follows:
  1. Once the bidding for any player who was in a franchise's 2013 squad is complete and the auctioneer is satisfied that no more bids will be forthcoming, the auctioneer will bring down the hammer, declare the player "sold" and then ask the relevant franchise if it wishes to exercise one of its remaining "rights to match".
  2. If the franchise chooses to exercise the "right to match", the franchise will take the player for the amount of the final bid that had been made in the Player Auction.
  3. No further bidding by any other franchises is possible.
  4. Franchises may take no more than four capped Indian players via a combination of retention prior to the auction and the "right to match".

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StriKe Newbie

StriKe

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Franchises unhappy with new retention rules

The new player-retention rules released by the IPL have attracted an unfavourable response from some franchises, who are particularly displeased by the newly introduced "right-to-match" card. The right-to-match card allows IPL franchises to buy back a specific number of their own players after releasing them for auction by matching the highest bid they attract. The card was recommended by the IPL primarily to help franchises retain a bigger core group of players. Some franchises, however, privately argue that instead of facilitating franchises to retain their core group, the right-to-match rule was devised only to benefit certain teams that were keen to ensure they retained a majority of their best players. According to the IPL 2014 player regulations, every franchise is allowed to retain five players with a specific amount deducted from their auction purse of Rs 600 million ($9.67 million). Franchises can spend a maximum of Rs 390 million on retaining the five. Yet, the new rules state that irrespective of the negotiated amount between the franchise and the retained player, only the designated amount for each retained player (as per IPL regulations) will be listed on the books. This, some franchises argue, makes the idea of a salary cap redundant. The new rules ensure that every franchise can hold on to a maximum of six players with a combination of retentions and players re-signed using the right-to-match card. The rule, said one franchise official, was skewed to start with. "The rule has been tweaked to suit certain teams," argued an official from another franchise. "The team which retains five gets rewarded with one more (card) whereas the team that does not retain anyone gets only three (cards). This team should be allowed at least one more right-to-match option if not two." Franchise officials believe that, with the introduction of the right-to-match card, certain players, like the marquee names, might want to put their hats in the auction ring to raise their worth. Considering that retention is a two-way process and is futile without the player's nod, franchises fear they might end up paying more for the same player in comparison to the previous season. "If I tell the player I will pay him $2 million to retain him, he will not accept and say I want $2.5 million. So if I retained him I would have paid him 125 million rupees. But still I have to pay him more (than the designated amount). So the sanctity of the purse is broken immediately. Now if the same player was picked in the auction at 150 million I would not have a problem," a franchise official said. The right-to-match card was placed at the table during the IPL workshop in Singapore in November. The idea was to offset the original retention rule that was introduced in 2011. That rule allowed a franchise to retain a maximum of four capped players. Not all franchises subscribed to that rule. Some felt that they ended up spending more money buying players in the auction compared to rival franchises that paid half the sum to retain players. To give an example, Kolkata Knight Riders had spent $5.6 million to buy the trio of Gautam Gambhir, Yusuf Pathan and Jacques Kallis whereas Chennai Super Kings retained the quartet of MS Dhoni, Suresh Raina, M Vijay and Albie Morkel for $4.5 million. Consequently, some of the affected franchises even suggested in the Singapore workshop that the IPL bring all players into the auction. However, not all eight teams were on the same page. It is understood that one of the bigger franchises wanted a combination of five retained players and three right-to-match cards. Another franchise wanted the card option to retain the capped Indian players while another was interested in exercising that option to buy back uncapped players. This only re-opens the debate over whether the the IPL is a level-playing field as was claimed by Lalit Modi, the first chairman of the league. Smaller franchises argue that their bigger rivals have managed to flex their financial muscle and power to tweak the rules to suit their needs and buy the players they want. "With a salary cap now, at least you know a franchise is paying Rs 390 million if you retain five players," another franchise official said. "In many ways it is a fair system regardless of the mischief you play in paying under the table. If there was no salary cap then the bigger franchises could have paid anything for any player and gone to the auction and bought more players at ridiculous costs. But today if I retain all five players I am left with just Rs 210 millon to buy the rest of the players to build a balanced squad. So the salary cap puts some sort of restriction." According to this official the best thing to happen in this auction is that Indian domestic players will be part of the pool unlike in the past. Uncapped players till now were paid upto Rs 3 million, but franchises admit players were lured through various kickbacks. "Giving a BMW to an uncapped player would not help anymore," the official said. Not everyone agreed. A franchise chief executive was less confident and felt the rules would continue to be bent. "The concept of a salary cap is being abused for the last five years and the trend will continue with the new set of rules. We don't know how much the teams were paying the big names who had been retained in the last season. And it will be pretty similar this time around. The right-to-match card just adds to the woes as the players' demands will keep on increasing and the teams will be on the back foot."
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IKnowU Newbie

IKnowU

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teams can simply pay players outside of salary caps by other means such as cash' date=' endorsement deals, flats, cars etc...[/quote'] Agreed, but that's just accepting corruption.....any player worth their salt and after so many players being busted for match fixing etc will think twice before indulging any sort of dodgy dealings. It would be obvious after a while how much marquee players are worth and their production, so I doubt there will be much drama. It also allows the players to be paid fairly according to their talent and performance.
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StriKe Newbie

StriKe

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Sri Lanka to play Ireland in May, players could miss Indian Premier League games

Sri Lankan players' involvement in the seventh edition of the Indian Premier League is likely to be curtailed after it was announced that the Lankans would play Ireland in a two-match one-day international series in May. The two sides will play each other for the first time in 35 years. The matches, which will take place on May 6 and 8, falls right in between the IPL season. A number of Lankans like Lasith Malinga, Kumar Sangakkara, Mahela Jayawardene and Angelo Mathews have starred in the T20 league in the past. Ireland will use the matches, to be played at Clontarf in Dublin, as part of their preparations for the World Cup. "It's great news for both the team and supporters," Ireland coach Phil Simmons said on Friday. "We'll be gearing our preparation towards the 2015 World Cup, and this series is ideal." The Sri Lanka fixtures further underline the associate nation's growing status, although they are yet to beat a full-member nation in the 50-over format in Dublin. "We'll be looking to take our cricket to the next level in 2014 by winning from these type of situations, pressing home our advantage when we're on top," Simmons said. "It's a fantastic opportunity for our squad to face players of the calibre of Kumar Sangakkara, Angelo Matthews, Tillakaratne Dilshan and of course Lasith Malinga. "They're going to be tough opposition but Irish conditions in May will be to our advantage." (with AFP inputs)
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StriKe

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Part of Indian Premier League 2014 may be shifted abroad: reports IPL 7 is likely to be divided into two halves due to the upcoming general elections this year. Sri Lanka and South Africa are the two options for hosting one part of the T20 league

The seventh edition of the Indian Premier League is likely to be divided into two halves, one in India and the other abroad. The Board of Control for Cricket in India is reportedly mulling over the possibility of holding one part of IPL 7 in another country as the league is likely to clash with the general elections scheduled for this year. "Keeping security concerns in mind, IPL may be hosted in two parts. But it is not yet decided which part will be played in the country. A final decision will be taken only after the election dates are announced," a BCCI source was quoted as saying by Times of India. The elections are likely to be held in April-May this year. Neighbours Sri Lanka and South Africa are the two options for hosting the T20 league. The African nation hosted the tournament in 2009 after the central government refused to provide security during the general elections that year. "We will get to know after three weeks which country will host the tournament, if some matches have to be played outside India," the source added. Sri Lanka, on the other hand, may get to host IPL matches and the upcoming Asia Cup. Recent political violence in hosts Bangladesh has meant that the Asian Cricket Council (ACC) may shift the four-nation tournament, scheduled to begin on February 24. Meanwhile, the IPL 7 auction will be held on February 12-13 at an undecided venue. Teams can retain up to five capped players in advance with the option of retaining a sixth via a joker's card concept. According to the regulations released by the IPL Governing Council, each squad must include no less than 16 and no more than 27 players, of which nine may be foreigners. (Blog: New rules defeat purpose of IPL reshuffle)
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velu Mentor

velu

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The only way the Ambani's can save Rohit from Steyn's molestation will be to buy Steyn into MI. Oh God imagine Steyn and Johnson bowling in tandem on SA pitches!!:pray:
and raina and jadeja areat the crease facing them :nervous:
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