Watch : Who are the two new teams for the IPL 2022. What are their prices. Who owns the team

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The IPL 2022 will bring two new teams into the world’s richest league. As per the latest reports, BCCI has finalized the full details of the process for expansion of league from 8 teams to 10 teams. It will be first time since 2011 that IPL will have 10 teams for the year. Season 4 of the IPL in 2011 is the only season when 10 teams participated in the tournament.

However the experiment was not that successful with a total of 74 matches making the tournament a bit longer. Moreover many one sided games also played its part in making the season a bit monotonous. Hence it will be interesting to see what plans does BCCI have in order to counter the risks of over expansion of IPL.

Timeline for introduction of teams in IPL!

The first step in this process will be tender documents for the new franchises. It will be by mid August, when the BCCI plans to roll out the necessary documents for the two new teams. Then the bids for the teams is scheduled to take place in mid October, two months after the tender documents is going to release.

Source – Twitter

After the closure of bidding process and successful buying of 2 new teams, the mega auction will happen in Dec 2021. The rules regarding the mega auction is that teams can retain up to  4 players. Moreover from that a maximum of only 2 overseas players can be retained. The salary purse of the IPL teams will also increase from 2022 with teams now allowed to spend up to 90 crores on the squad. It will be a 5 crores increase in the overall team’s salary purse.

Lastly, tender documents for media rights sale will be out by January 2022. With an increase in online viewership in the recent years, BCCI may get a fat earning from the sale for rights of online broadcast of IPL in 2022.

As of now, a lot of industrialists and business tycoons have reportedly shown interest in buying the two new teams. It includes Adani group from Ahmedabad and Sanjiv Goenka group from Kolkata as the bigger names willing to have teams representing their companies in the IPL.

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