cap

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IPL spending increase may up pressure on ECB

By admin ⋅ October 21, 2008 ⋅ Post a comment

IPL franchises have hiked their spending cap, raising the pressure on England players to lobby the ECB for the chance to join the league. Indian Premier League franchises have lifted their spending cap by a further US$2m for next season, raising the pressure on England players such as Kevin Pietersen and Andrew Flintoff to lobby [...]

IPL cap may be raised: Modi

By admin ⋅ September 16, 2008 ⋅ Post a comment

The cap of USD five million on buying of players by each of the eight Indian Premier League (IPL) franchise teams might see an upward revision in the near future, IPL Chairman and Commissioner Lalit Modi said on Tuesday.
Via NDTV

Transfers in IPL allowed, no cap on fees

By admin ⋅ September 16, 2008 ⋅ Post a comment

The IPL’s governing council on Tuesday decided that franchisees would be allowed to trade players among themselves and, crucially, the transfer money would not be subject to the cap of $5 million placed on player fees per team. The decision was taken at the council’s meeting held in Mumbai.
Via ET

IPL team owners divided over $5-mn cap on hiring players

By admin ⋅ June 30, 2008 ⋅ Post a comment

The DLF Indian Premier League (IPL) franchise owners are sharply divided over the $5-million cap imposed by the cricket board for buying players. With the teams having the right to trade players from the upcoming season, a few franchise owners want the bar to be increased, or scrapped.
More: http://www.business-standard.com/common/
news_article.php?leftnm=8&subLeft=4&chklogin=N&autono=327397&tab=r

Ponting says super-contracts could ruin IPL

By admin ⋅ May 18, 2008 ⋅ Post a comment

TEST skipper Ricky Ponting says proposed $15 million Indian Premier League super-contracts could cripple cricket’s sparkling new toy. In an assessment driven by the heart and head rather than the pocket, Ponting has urged IPL bosses not to abolish the $5 million salary cap on each franchise.
More: http://www.news.com.au/heraldsun/story/0,21985,23719341-2882,00.html

$30,000 cap for under-19 players

By admin ⋅ March 11, 2008 ⋅ Post a comment

The Board of Control for Cricket in India (BCCI) has fixed an IPL fee of $30,000 for the India Under-19 players who won the ICC World Cup in Kuala Lumpur. The 15 players and the six standbys will be offered on lots for one season to the eight franchisees here on Tuesday.
Clearly, [...]

Indian cricketers angry with cap on their IPL income

By admin ⋅ February 18, 2008 ⋅ Post a comment

Indian cricketers are not too happy with the cap on income they can make from the lucrative Indian Premier League (IPL).
According to IPL rules, each franchise could spend upto five million dollars in buying up players for a team and an icon player, named by IPL as the likes of Sourav Ganguly, Sachin Tendulkar, Rahul [...]

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