BCCI made Rs 12,715 crore by selling just two teams in IPL Team Auction
BCCI made Rs 12,715 crore by selling just two teams in IPL Team Auction

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Last Date for New IPL teams to Select Players: BCCI sets January 22 as the deadline for the 2 new IPL teams to select their players. As per IPL rules, the 2 new teams are allowed to pick a maximum of 3 players with not more than one overseas player ahead of the IPL 2022 Mega Auction.

Ahead of IPL 2022, the TATA group replace VIVO as the title sponsor of the season for the same rate.

Last Date for New IPL Teams to Select Players

Earlier BCCI announces that IPL 2022 mega auction will be held on February 12 and 13 at Bengaluru. In order not to postpone the mega event BCCI decides to shorten the players’ signing duration.

“They have time till 5 pm on January 22 to complete their signings,” said a BCCI official confirming the letter to the newcomers.

The teams were initially expected to be given two weeks’ time but it is being presumed that 10 days would be sufficient as during the time taken for conducting the due diligence on CVC Capital – which incidentally halted the whole IPL process – the teams have done their groundwork.

The January 22 deadline also means the mega auction is on course to be completed on February 12 and 13 as originally planned, as there is sufficient time for the BCCI to complete player enrolments for the auction register.

New IPL Teams

RPSG Group of Sanjiv Goenka and CVC Capitals are the owners of the 2 new IPL teams. RPSG Group of Sanjiv Goenka is the owner of the Lucknow IPL Team. RPSG Group won the bidding war for 7090 crores (over 932 million USD) to own the Lucknow team.

Sanjiv Goenka
Sanjiv Goenka

While CVC Capitals won the bid war for a whopping 5625 crores crore (over 692 million USD). The CVC Capitals’ bid was 160% more than BCCI’s base price for the IPL team.

TeamOwnerPrice
LucknowRPSG Group of Sanjiv Goenka
7090 crore (over 932 million USD)
AhmedabadCVC Capital
5625 crores crore (over 692 million USD)

Lucknow IPL Team 2022 Coach

The Lucknow team ropes former Zimbabwean cricket coach and former cricketer Andy Flower to be their head coach for the IPL 2022 season.

RoleNameCountry
Head CoachAndy FlowerZimbabwe
Assistant coachVijay DahiyaIndia
MentorGautam GambhirIndia

Ahmedabad IPL Team 2022 Coach

Former Indian bowler Ashish Nehra has been named as the head coach of the Ahmedabad-based IPL Team.

RoleNameCountry
Head CoachAshish NehraIndia
MentorGary KirstenSouth Africa
Director of CricketVikram SolankiEngland

 

Ashish Nehra
Ashish Nehra