Since
its launch, Indian Premier League (IPL) is giving entertainment to its viewers.
Fans cannot think of a season which was lack of excitement. To add more
entertainment in the seventh edition of the IPL, the Governing Council (GC) has
decided to introduce a new feature in the IPL 2014 Auction.
The
Indian Premier League (IPL) Governing Council has come up with a number of new rules
and regulations related to Players' Contracts, Squad Compositions and the
Retention of Players ahead of the 2014 auction which will be held on February
12.
During
the 2014 IPL auction, franchises will be allowed to retain five players from
their 2013 squad. According to Governing Council, these retained players will
be charged Rs. 12.5 crore, Rs. 9.5 crore, Rs. 7.5 crore, Rs. 5.5 crore and Rs.
4 crore respectively for the first, second, third, fourth and fifth capped
players.
The
‘right to match’ feature will let club owners bid for a player who was part of
their 2013 list after retaining five players. Except the retained players,
clubs will have to leave other player for the 2014 players’ auction.
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