IPL owners meet on April 16; mega auctions, retentions on the agenda


IPL MEETING

The BCCI has called a meeting of the IPL owners scheduled in Ahmedabad on April 16.

BCCI has called a meeting of IPL owners scheduled in Ahmedabad on April 16 © BCCI

The Board of Control for Cricket in India (BCCI) has called a meeting of Indian Premier League (IPL) team owners, scheduled to take place in Ahmedabad on April 16. Gujarat Titans will face Delhi Capitals at the Narendra. Modi Stadium in Motera at the same time.

Invitations have been extended to all ten IPL franchise owners. Although the owners are expected to be accompanied by their CEOs and operational teams, the meeting, expected to address important issues, would be reserved for the owners only.

BCCI president Roger Binny, secretary Jay Shah and IPL president Arun Singh Dhumal are expected to attend the meeting. The correspondence regarding the meeting was reportedly sent by Hemang Amin, the CEO of the IPL.

Amin did not specify the agenda of the meeting, but given the sudden nature of the invitation, the BCCI is expected to take several policy decisions, mainly regarding the mega-auction planned for next year. “They will discuss the way forward for the IPL,” a source close to the matter said.

Naturally, the number of retentions before the auction will be a central point of discussion. This topic has divided the IPL ecosystem, with different owners having different views. There is no apparent consensus on this figure and the BCCI is said to be looking to negotiate a solution.

A section of IPL owners believe that the retention number should be increased, arguing that teams have become established enough and need continuity to strengthen their brand and fan base. In fact, some suggest the number of retentions should reach eight.

However, another group opposes such a high number of retentions and prefers a smaller number. Additionally, there is talk of reintroducing the Right to Match card, a mechanism used previously but absent during the last mega-auction in 2022. At that time, only four were allowed, with a maximum of three Indians or two foreigners.

Another important point of discussion will be the salary cap, a topic that always sparks differing opinions among different segments of the IPL setup, with the BCCI itself having a strong opinion. In the last mini-auction, the cap was set at INR 100 crore, but it is expected to increase, given the huge increase in the teams’ central revenue share following the BCCI signing a circulation of a staggering INR 48,390 crores two years ago. .

More soon…

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