DETAILS ON VARIOUS TEAMS IF IPL AND THEIR CONTRACT AMOUNT 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 re...
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