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.
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.
The Justice Department under Sessions, and DHS under Nielsen, will share in enforcing different portions of immigration law. Nielsen was the second woman to head this ministry after Janet Napolitano, who was in office from 2009 to 2013.
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.
Wenger is planning to raise funds for his transfer kitty by offloading a number of fringe players over the next eight-months. Now, with the addition of Lacazette, it seems as if Walcott's time in North London is coming towards an end.
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.
In May, he took over the theatre command from Lucky Irabor who is now coordinating the multinational joint task force (MNJTF). In June, barely a month after Ibrahim took over, Boko Haram insurgents attacked Maiduguri, the Borno state capital.
He concluded by saying that an "obstruction" case against President Trump would be both unprecedented and unsafe for the country. Dershowitz said a president can not be charged with obstruction for merely exercising his constitutional authority.
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.
Hier, c'était le branle-bas de combat dans les chancelleries arabes pour tenter d'influer sur la décision du Président américain quant au transfert de l'ambassade des États-Unis de Tel-Aviv à El-Qods-Est occupée.
Current and former employees give their input about their experience in the workplace, which Glassdoor then compiles. The rankings are based on employee feedback from companies with more than 1,000 employees.
Thomas remembers women who lost their lives to violence
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.
Cuenta del hijo de Cristiano Ronaldo era falsa — Instagram
Un portavoz del jugador del Real Madrid ha señalado que desconocían la existencia de esta y también el posterior cierre. Por ejemplo, el diario inglés Daily Mail, tituló de manera irónica "Mi padre es mejor que tú" en su edición impresa.
Brush fire erupts near Getty Center in Los Angeles
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.
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 .