IPL 7 auction to be held 12th February
NEW DELHI: IPL
franchises will be allowed to retain five cricketers during the 2014
Indian Premier League auction to be held on February 12 with the option
of buying back a limited number of players through the newly introduced
'right to match' provision.
After a series of discussions, the IPL Governing Council today came up with a number of regulations related to Players' Contracts, Squad Compositions and the Retention of Players in advance for the 2014 Auction.
"The Pepsi IPL 2014 Player Auction will be held on 12 February, and if necessary, 13 February 2014. The venue of the auction will be announced soon," BCCI said in a release.
"A franchise may sign up to a maximum of 5 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."
Regarding the Salary cap, the Governing Council said the franchises will be charged Rs 12.5 crore, Rs 9.5 crore, Rs 7.5 crore, Rs 5.5 crore and Rs 4 crore for respectively the first, second, third, fourth and fifth capped players retained and it would be "irrespective of the IPL league fee that is agreed between the two parties and which is set out in the player contract."
Apart from the cricketers who are retained in advance, all other players will have to enter the 2014 player auction process if they want to play in the IPL in 2014, the release said.
Kohli,
who stroked 119 and 96 in the two innings in the first Test against
South Africa, was the second highest-ranked Indian after Cheteshwar
Pujara, another centurion in the same match in Johannesburg, who
remained on seventh spot after earning 37 rating points. (Also read: Kohli shocked South Africa did not go for win vs India)
Top-ranked women recurve archer Deepika Kumari of Jharkhand on Monday created two national records in the FITA round on the
Ace
shooter Ronjan Sodhi won the double trap gold, while another top
marksman Sanjeev Rajput bagged the yellow metal in the 50m rifle 3
position event in the 57th National Shooting Championship at Dr Karni
Singh Range here on Monday.
Russian
tennis star Nadia Petrova has pulled out of January's Australian Open
following the death in a car accident of her mother, herself an Olympic
athletics bronze medallist.