The meeting became even more important following the return of Chennai Super Kings (CSK) and Rajasthan Royals (RR) from suspension and exit of Rising Pune Supergiant and Gujarat Lions. CSK and RR have the allowance to retain players from among those who played for them in the 2015 season and it is nearly certain that Dhoni will be back in CSK colours in the next season.
However, Rising Pune Supergiants and Gujarat Lions will not feature in the 11th edition of the tournament.
The total purse of each team will range from Rs 66 to 80 crores. According to the new player retention policy, a franchise can retain upto five players using a combination of Player Retention (Pre-Player Auction) and Right to Match (RTM).
Following a meeting in New Delhi, the Governing Council allowed CSK and Rajasthan Royals (RR) to retain the players who were on their 2015 list. So, if a franchise does not to directly retain any player, it will be allowed a maximum of three RTMs at the auctions.
If a team does not wish to retain any player, it will still have the option of three Right to Match. The salary cap has also been increased for uncapped players.
Big Gasoline Build Offset Crude Drawdown
January WTI crude oil settled at $57.62, up $0.15 or +0.26% and February Brent crude oil closed at $62.86, up $0.41 or +0.66%. Distillate inventories, too, saw a build this week, up 4.259 million barrels, against a forecast of a 548,000-barrel build .
A franchise can secure a maximum of three capped Indian players and a maximum of two overseas players.
As per the report by the Indian Express, one franchise was reportedly on the side of retaining as many as five years, while another proposed retention of one player per team. If only one player is retained, then he will cost the franchise INR 12.5 crore from the salary cap. The caps for the two subsequent years have been fixed at Rs 82 crore and 85 crore respectively. Mumbai Indians will retain Rohit Sharma, Kieron Pollard, Jasprit Bumrah, and the Pandya brothers (Hardik and Krunal) and also Royal Challengers Bangalore retains Virat Kohli, AB de Villiers, and Chris Gayle but Shane Watson is not confirmed.
"The minimum spend will be 75 per cent of the salary cap for each season", BCCI Acting Secretary Amitabh Choudhary said in a statement after the meeting.
The minimum auction reserve price of uncapped players has also been raised with the upper limit increased to Rs 40 lakh from Rs 30 lakh.
However, a source at UCLA told ESPN's Arash Markazi that this is probably the end for the Ball family at the school. Ball and his antics in any column or story. "It's just you and all of the officers, and they don't speak English".
The University of Arkansas will hire SMU's Chad Morris to be its next head football coach, according to KTHV in Little Rock. The former Clemson offensive coordinator (2011-2014) has a 14-22 record at SMU in a complete rebuilding situation.
No injuries or structural damage is reported, although some homes in the Bel-Air neighborhood and the Getty Center are threatened. The Rye Fire, which prompted a closure of I-5 at the Grapevine, has burned 7,000 and was 5 percent surrounded.
L'utilisateur peut alors les revoir plus tard et en choisir certaines pour les mettre dans les Stories à la une. On va ainsi retrouver les archives et les Stories à la une , qui sont deux nouvelles fonctionnalités.
While working conditions may have improved, Thomson says she's aware women remain in the minority in the science and tech fields. In Montreal, a wreath of white roses will be placed at the commemorative plaque at the school where the shooting occurred.
The Pope made comments to a group of visiting Palestinians involved in inter-religious dialogue with the Vatican. Francis, former Pope Benedict and Pope John Paul II all visited Israel and Palestinian territories.
Plusieurs écoles ont suspendu leurs cours et la Croix-Rouge de Ventura a ouvert des abris pour les personnes évacués. Jusqu'ici, plus de 35 000 hectares ont été brûlés et des dizaines de milliers de personnes ont dû être évacuées.
Weinstein, 65, was sacked from the film company he founded after The New York Times published accounts of several women. Dunham said she told Kristina Schake, the campaign's deputy communications director.
Finally, Penserra Capital Management LLC acquired a new stake in shares of Hormel Foods during the second quarter worth $189,000. Hormel Foods Corp (NYSE:HRL) Director Robert Nakasone sold 3,184 shares of the stock in a transaction on Monday, December 4th.
17 million babies breathing toxic air worldwide
The links of pollution with asthma, bronchitis and other respiratory diseases in the long course are known for a long time. Pollutants inhaled by pregnant women may pass through the placenta and disturb the development of the brain of the foetus.
Republicans just received 2 alarming reviews of their tax plan
Majorities of blacks (83 percent), Hispanics (70 percent) and whites (52 percent) disapprove of the president's job performance. By two to one - 52 percent to 25 percent - Americans say they feel embarrassed rather than proud that Trump is president.