IPL 2022 Auction: Finally the BCCI and the IPL Governing Council have come up with the date for the mega auction. As reported earlier, the auction is set to place on February 12 and 13 in Bengaluru.
The upcoming mega auction is expected to be the biggest in the last few years considering the number of players that the pool might have. Also, the upcoming edition of the IPL is going to have a total of ten teams.
On January 11, BCCI formally welcomed two new teams, Lucknow and Ahmedabad in the IPL family. Earlier, RPSG Group placed a bid of INR 7090 crores to pick the rights for the Lucknow team. Luxembourg-based investment company CVC Capitals purchased the Ahmedabad team by placing a bid of INR 5625 crores.
BCCI had to run an independent investigation for the Ahmedabad team as it was reported that CVC have an investment in two foreign betting companies which made it ineligible to take part in the IPL.
After a thorough investigation, BCCI decided to go ahead with the CVC as the owner of the Ahmedabad team and now the team can take part in the upcoming season. The Ahmedabad team will now announce their name and coaching staff in the next few days.
Lucknow team has also not announced their official name yet and might make the announcement in the next few days. The franchise has announced the name of its coaching staff. The team has onboarded Vijay Dahiya as the assistant coach.
Former Indian batter Gautam Gambhir would be the mentor of the team. Former Punjab Kings head coach Andy Flower would take the same role in the Lucknow team.
IPL 2022 Auction: Two new teams will have a certain time frame to sign players before
Earlier the deadline for Ahmedabad and Lucknow to sign three players before the IPL 2022 auction was December 25. But, it was later extended until BCCI give clearance to the Ahmedabad franchise.
Now, that the CVC has received BCCI’s approval, both teams will be given around 10-14 days to release their list of retained players.
BCCI has allowed the two franchises to pick three players from the auction pool before moving to the IPL 2022 auction which is scheduled for the next month.
Also, Vivo has decided to withdraw their name from the IPL title sponsorship deal and now Tata has been given the sponsorship deal.
The upcoming two editions would now be called Tata IPL instead of Vivo IPL. Vivo grabbed a five-year contract as the IPL title sponsor in 2018. But, after the company decided not to be the title sponsor in 2020, the deal was extended for a further one year. Tata is the first Indian company after DLF to become the title sponsor of IPL.