The inaugural edition of the Jharkhand Premier League (JPL) Twenty20 tournament will commence from September 24 at Dhanbad, Jharkhand State Cricket Association (JSCA) sources said today.
The week-long JPL would be organised jointly by Jharkhand State Cricket Association (JSCA) and Elite Sports Management and five teams would participate in it, JSCA secretary Rajesh Verma said.
The five teams are - Ranchi Rangers, Singhbum Sher, Bokaro Bulls, Jamshedpur Jaanbaaz and Dhanbad Diamonds.
"The auction for the franchise will take place on August 14. The bidders will have to submit their bid documents by
August 10," said Verma, flanked by the director of the Elite Sports Management Nishant Dayal and B N Singh, vice-president of JSCA.
"The base price of auction for the franchise will be Rs 15 lakh," he added.
The franchise will have to buy at least one player from Pool-A that comprised of players representing India, India-A
and India under-19 and minimum price for players will be Rs one lakh each player, he said.
Pool-A will consist of Team India captain M S Dhoni, Team India player Saurav Tiwary, India-A Ishant Jaggi, Rajiv Kumar, Mihir Diwakar, Shahbaz Nadeem and India Under-19 player Kundan Singh.
"Similarly, the Pool B will comprise of 45 players representing Ranji Trophy, Ranji One-day and the minimum
bidding price will be Rs 40,000," Verma said adding that each team will have to bid for at least eight to nine players.
The Pool-C and D will comprised of 35 players and 13 players respectively representing Under-22, Under-19 and
experienced players of the state but did not play any domestic tournaments.
Verma said one team can spend maximum Rs 20 lakhs. The winners will get Rs five lakh while the runners-up will become rich by Rs three lakhs.