BCCI summons meeting to decide series of issues for IPL 2018
The player retention policy will be discussed in the meeting.
Published - Nov 8, 2017 9:01 pm | Updated - Nov 8, 2017 9:01 pm
The 2018 Indian Premier League (IPL) is expected to start on a fresh note. As the 10-year-old contract expired in 2017. A new broadcasting deal has been inked and new sponsors are drawn towards the Board of Control for Cricket in India (BCCI) for advertisement deals. Months ahead of the new season a meeting has been summoned where all the franchises and its senior executives have will discuss the future course of IPL.
The meeting will be held on November 21. During the meeting, the share of broadcasting deal INR 16,347 among the IPL franchises will also be discussed. Star India Pvt. Ltd. will be the official broadcaster for the next five years. In the previous edition, each franchise on an average received INR 75 crore per season. That figure is alone now to go beyond INR 220 core per franchise and there will be 50-50 sharing ratio for all the profits made during the tournament. In the next season, the salary purse of the players will be decided by the IPL Governing Council.
Here are the key issues which will be discussed at the meeting
1) Take a view of the new central revenue pool that more or less decide the financial health of the league.
2) To maintain competitiveness among the franchises the league wants to create equality among the franchises.
3) There will be a discussion on auction for every year. IPL seeks a collaborative approach to chart way forward.
4) IPL GC will decide the salary purse for players
5) IPL executives will discuss the issue of player-retention and fix the member of players for each franchise.
“The BCCI needs to bear in mind that there has to be a fair balance between all eight franchises so as to retain the competitiveness. That’s paramount, so it’s a thin line that separates the well-being of the league vis-a-vis the wellbeing of the franchises and its players and both need to be dealt with effectively,” someone from the IPL fraternity was quoted as saying by cricbuzz.
As per the present scenario, the franchises and the league, both, understand that the retention needs to be in place. Six of the eight franchises have, in fact, said yes to it and one of the two said no to the retention policy. Three franchises want to retain five players to maintain the core of the team, an idea with which the Governing Council has no objection.
As far as the players are concerned, once their contracts with franchises ended, they always retained the choice to head back into the auction pool, besides the option of the trading window. The decision in this regard will be taken post 21st November, once the franchise owners meet the GC executives to build a collaborative approach.