Board of Control for Cricket in India (BCCI) in the Annual General Meeting (AGM), held in December, had decided to add two more franchises in the Indian Premier League from the 2022 edition. But as per reports, the decision has been reconsidered and as of now, the Indian board is looking to introduce one franchise. There have been several reasons behind the move.
BCCI decided to maintain the quality of the tournament:
The primary reason has been the introduction of only one team will allow the BCCI to get better value for the 10th team in the near future. It’s because simultaneous bids have the potential to cap the value in the current market condition.
Also, the addition of two teams will force the Indian cricket board to overhaul the whole structure of the tournament, this will lead to negotiations with the other stakeholders. A nine-team IPL also means 74 games which the BCCI reckons is more feasible.
“All said, it’s a well-thought move. The BCCI will clearly benefit in the short and long run because it’ll derive better value from the 10th franchise in the future, doesn’t really disturb the ecosystem, for now, buys them more time to put their own house in order,” industry executive was quoted as saying.
“The idea is also to maintain the quality of the tournament, which means ensuring quality cricketers are available to make for a 10-team pool. Now, is that the case? The ecosystem can only expand in line with talent and manpower. That balance has to exist,” the ones privy to the development was quoted by local media as saying.
IPL 2021 auction likely to be on Feb 11:
Meanwhile, according to ESPNCricinfo, the 2021 IPL auction is likely to be held on February 11. The IPL has also set January 20 as the deadline for the eight franchises to submit the lists of retained and released players.