The Indian Premier League's (IPL) governing council has decided to allow the nine franchises to spend a maximum of $2 million during the auction and raise the limit of the squad size by 10% ahead of IPL5.
After ratifying the Kochi Tuskers Kerala's termination as "absolute", the governing council, which met here on Saturday, finalised the cap on the maximum spending at the auction.
While the teams were allowed to spend at the most $5 million during the first auction in 2008, the next two years saw the council allowing each of the then eight teams an additional purse of $2 million and $750,000, respectively.
When all the players, barring the 12 retained by their respective teams, were auctioned ahead of this year's IPL, after the addition of two teams, the cap on the teams' expenditure on player signings was $9 million.
The governing council confirmed that all the 22 players who represented the Kochi Tuskers - "whether capped or uncapped" - will be auctioned ahead of IPL5.
However, the decision creates uncertainty about whether the maximum earnings of the uncapped domestic cricketers would stay or not. For IPL4, it was decided that no uncapped domestic cricketer would be paid more than Rs 30 lakh, depending on his first-class experience.
HT has learnt that the governing council will discuss the matter during a workshop next month. "Whether there will be a tie-break like the one in the 2010 auction or the cap on domestic cricketers' fees is done away with for the coming season will be discussed in the workshop," said an insider.
The governing council, meanwhile, decided to raise the squad size from a maximum of 30 to 33 players. Following varying squad sizes in the first three seasons, the IPL had allowed a maximum of 30 players to be signed by each team for IPL4.
It is also learnt that the two-group format has been done away with. The nine-team league will be played on a home-and-away basis, meaning each team will play 16 games.
IPL to lose out on a sponsor
MAXX Mobile, who were the title sponsors for the mid-innings timeout during the last two IPL innings, have expressed a desire to end their association with the IPL. The council discussed the letter sent by the representatives of the company, which had signed a three-season deal ahead of the 2010 IPL.