There would be 70 league matches plus four play-off matches with each team playing the same number of matches (14 of which 7 would be home and the other 7 away) as in the previous IPL editions, said BCCI secretary N Srinivasan in a release after the IPL's Governing Council meeting in Mumbai.
"There will be one league table with teams divided into 2 groups of 5 teams each," the BCCI secretary said.
The IPL GC also decided to allow the original eight franchises to retain a maximum of four players, including three Indians, and fixed a salary cap of USD 9 million for each franchise to spend at the next players' auction set for the middle of November.
Player contracts will be for a period of two years plus a one-year right of extension by franchise.
Retention of players would result in reduced amount available with each franchise with amounts of USD 1.8 million per annum for the first player so retained, USD 1.3m, 0.9m and 0.5m for the other three players reduced from its kitty.
This is irrespective of the actual player fee paid to each of these players, Srinivasan said.
If a franchise retains four players, its salary cap will be charged by USD 4.5 million in each of 2011 and 2012 and it will have only USD 4.5m remaining to pay as player fees for the remainder of its registered squad.
The IPL has added a rider to player retention saying the franchise and player must mutually agree to it as well as the player fee to be paid for 2011 and 2012 seasons.
The IPL also fixed the salary of uncapped players at Rs 10 lakh per annum if they have not played so far or made/will make their first class debut in 2009-10 or 2010-11, at Rs 20 and Rs 30 lakh per annum for those who made their debut in 2006-09 seasons and in 2005-06 or earlier respectively.
Each squad would consist of not more than 30 players, and only capped players plus any IPL player who has played more than 75 per cent of matches for his team in the 2010 season will feature in the auction.
Pune and Kochi franchises who did not participate in the 2010 season can sign upto four players from the list of players who were not a part of the squad of any of the teams in the past three IPL editions.
"However the list of players who are available for such franchise will be provided by IPL based on the registered list of players," Srinivasan said.
In another significant change, the Governing Council decided that all player contracts would be a tripartite agreement signed by the player, the franchise and the BCCI and all the contracts would be managed by the Board. Till now the agreement was between the player and the franchise only.
"A new player registration and contract management process will be detailed soon. No player contracts can be signed until then," Srinivasan said, adding the player regulations would be circulated soon to all the franchises.
In the new format, each team will play the other four in its group twice - home and away; four of the five teams in the other group once - home or away; one of the five teams in the other group twice - home and away.
The groups would be decided by a random draw, and similarly, which team will play the other from the other group twice (home and away) or once (home and away) will also be decided by a random draw.
"From a sporting perspective, this ensures all franchises will have the same number of matches at home as in the previous editions. The timelines for this will be finalised soon," Srinivasan said in his release.
A revised structure for play off matches would be followed for future seasons and the format would reward consistency of performance in the league stages, the Board secretary said.
The new play-off format will do away with the semifinals and the 3-4 places tie but still retain the same number of four knock out ties.
The new knock out format is: Play-off game A : 1st vs 2nd; Play-off game B: 3rd vs 4th; Play-off game C : winner of game B vs loser of game A; Final game D : winner of game A vs winner of game C.
Following the addition of Pune and Kochi franchises, the catchments areas were also revised as below to be aligned according to the cricket associations instead of states as follows:
Mumbai Indians - Mumbai, Baroda; Royal Challengers Bangalore - Karnataka, Goa; Deccan Chargers - Hyderabad, Andhra, Orissa; Chennai Super Kings - Tamil Nadu, Railways; Delhi Daredevils - Delhi, Uttar Pradesh, Uttarakhand; Kings XI Punjab - Punjab, Haryana, Himachal Pradesh, Jammu and Kashmir; Kolkata Knight Riders - Bengal, Jharkhand, Assam, Tripura, Sikkim, Manipur; Rajasthan Royals - Rajasthan, Gujarat, Saurashtra; Team Pune - Maharashtra, Vidarbha; Team Kochi - Kerala, Services and Madhya Pradesh.
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