Finally, a decision has been taken for the new IPL format for the IPL next year in 2011. The format was kept on hold for long in order to find a good solutions for the greatest cricketing event in the work ever since its start. The players wanted lesser matches to take care of the fatigue tata ipl live factor, but on the other hand the franchise owners wanted more matches, probably for revenues and more exposure. With 10 cricket teams overall, the format was doomed to create more panic for players, as the matches had to increase. Today, the IPL governing body has come down with a plan which deals with the same number of matches as before, and takes in to context all the 10 teams at the same time. The format will go as follows.
Two groups, with 5 teams each. Each team will play its groups teams twice, i.e. home and away. Then every team in one group will play the 4 teams in the other group once, which will be either home or away. Also, every team in one group will play 1 team in the other group, but home and away. Which team plays the other team twice will be decided by a draw. Then, the top two teams from both groups, will play the semi finals across groups, the winners advancing to the finals.
This way, every team will play the original 14 matches, as has been the case in the previous IPLs. If every team was to play each other both home and away, then a total 94 matches would have been played. Now, the format is limited to only 74 matches, 70 of which will be in the league phase.
Regarding the player retention it has been decided that every team is allowed to retain 4 players, which can be a maximum of 3 Indian players. The players that can be retained must be a registered player of the 2010 squad of the team. The auctions for the next year’s IPL will be taking place in this year November. The franchise and players must both agree on the retention agreement. As far as the two new franchises go, i.e. Pune and Kochi, both of these franchises can retain 4 players, which were not part of any of any of the original 10 teams in the 2010 season. The total number of players in a squad can be no more than 30.
Regarding the foreign players, a franchise can now have up to 10 foreign players in their squads, and can have now up to 4 foreign players field at same time. The limit initially was 3 players, which was a lot debated upon.
The franchises are allowed to spend a total of $9 Million on its 30 players. If, a franchise decides to retain 4 players, it must spend $4.5 million on them. This would lead such a franchise to have $4.5 Million to be spent on the other 26 players.