IPL owners to meet on April 16 - Mega Auction rules and retention policies set to be re-evaluated

01-04-2024
3 min read
IPL

The 17th season of the Indian Premier League kickstarted on March 22 with reigning champions and five-time winners Chennai Super Kings taking on Royal Challengers Bengaluru.

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After nearly 10 days of action, Kolkata Knight Riders are currently placed at the top of the table having won two out of their first two matches. They are followed by CSK, who lost their first game in three outings against Delhi Capitals on March 31. 

With IPL 2024 ongoing, the Board of Control for Cricket in India (BCCI) has called a meeting with the owners and stakeholders of all 10 IPL teams on April 16.

The meeting will be attended by BCCI president, Rogers Binny, secretary Jay Shah and IPL chairman Arun Dhumal, who are set to meet the team owners.

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When is the meeting between IPL owners and BCCI officials?

The meeting will take place on April 16 in Ahmedabad. On the same day, Gujarat Titans are set to face Delhi Capitals at the Narendra Modi Stadium.

What is the agenda of the meeting between BCCI and IPL owners?

According to Cricbuzz, the stakeholders are set to discuss the possibilities and ways to take the IPL forward. They are likely to discuss the rules of the upcoming 'Mega Auction' that is likely to be held later this year and the player retention limits rule.

The report further claims that a section of the team owners are in favour of increasing the slots of retained players at mega auction while others are against increasing the number. Certain owners reportedly have floated the idea of increasing the number of retained players to 8.

A final agenda could be the increment of the salary cap which increased to INR 100 crores during the IPL 2023 auction. Teams believe that with the increase in BCCI's central revenue pool, they are now capable of spending more money on players signing.

MORE: IPL auction date 2025: When is it and all the details

What next in IPL?

Match 14 of IPL 2024 will see Mumbai Indians lock horns against Rajasthan Royal at Wankhede Stadium on Monday, April 1.

MORE: Five overseas players to watch out for in IPL 2024