Friday, 03 February 2023

IPL 2022 will have ten teams

IPL 2022 will have ten teams

It's now official news. That IPL will be a 10-team tournament from the 2022 season, with BCCI inviting bids for two new franchises on Tuesday. Interested bidders will need to buy tender documents by 5 October, after which IPL will carry out a technical analysis before selling two franchises.

It understands that the minimum bid price for each new franchise will be INR 2000 crore (USD 270 million approx). There are six cities on the list, including Ahmedabad, Lucknow, Guwahati, and Cuttack. It is learning that successful bidders will own the new franchises for continuity.

While it was announcing the launch of the bidding process on Tuesday, the BCCI did not reveal any details such as bids will be made available via sealed envelope or e-auction and when it would show the two new franchises team.

BCCI pointed out that any interested bidder can pick more than one bid document, which costs INR 10 lakhs but can own only one franchise.

While the IPL Governing Council finalized the decision to add two new franchises on Monday, the BCCI has been view the move for the last two years.

In the annual general meeting in December 2020, the BCCI got approval from the state associations' members.

How will having ten teams affect IPL on the fields?

2022 edition of IPL will not be the first time the IPL will comprise ten sections - that already happened ten years ago after the Pune Warriors and the Kochi Tuskers were adding to the original list of eight franchises in 2011. It has been confirming that the tournament format will follow the 2011 model, which scrapped the simple home-and-away form and included 74 matches.

In the 2011 edition, the ten teams were splitting into two groups, and the tournament comprised 70 league matches and four playoff games, with all the teams, ranked in one combined table league.

Read More: The list of Players is Missing out of IPL 2nd Leg

Each team played with play the other four in their group, both home and away (eight matches), four teams in the other group once every four games, either home or away,

The remaining team was in another group twice, both home and away.

A random draw will decide the mix of the groups and who played across the groups twice and once.

The BCCI conducted bidding for new franchises was in 2015 when the Rising Pune Supergiants and the Gujarat Lions replaced the Chennai Super Kings and the Rajasthan Royals, who were both suspended for two years from the IPL.

The Sanjeev Goenka-owned New Rising consortium picked Pune as the base for the Supergiants, while the Delhi-based mobile phone manufacturer Intex chose Rajkot as the Lions' home venue. New Rising and Intex had bid INR -16 and -10 crore respectively as per the reverse-bidding plan the BCCI devised to get two new franchises temporarily for two seasons.

Under the reverse bidding, bidders were encouraged to pit a sum lower than the base price of INR 40 crore set by the BCCI. This means the BCCI would pay a maximum of INR 40 crore from its central revenue pool to a new owner. The investor who bids the lowest price will eventually bag the ownership rights.

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