BCCI set to announce incentive plan for uncapped players ahead of 2024 auction | Report

Ahead of the IPL 2024 auction, the Board of Control for Cricket in India (BCCI) is reportedly set to take a giant step for uncapped players. The Indian board is set to announce an incentive plan for the uncapped players which can see a possible enhance of their league charge throughout IPL seasons, a report in Cricbuzz states. This plan can see an uncapped participant, who performs International matches between IPL seasons, get rewarded as an alternative of staying with their league charge. 

A participant will get the identical league charge for three years or till he’s launched by a franchise, as per the conventional guidelines. However, for uncapped players, the charge can go up if he’s bought for a minimal quantity of INR 50 lakh in just a few eventualities. BCCI has just lately circulated a charge regulation for uncapped players. It states that if an uncapped participant is getting paid lower than INR 50 lakh firstly of a season and will get International caps in between the IPL seasons, his charge league charge can go up.

As per the charge regulation:

(a) Prior to the beginning of any Season the League Fee payable to any participant who’s uncapped is lower than Rs. 50 Lakhs; and

(b) Such participant is then capped or achieves 5 or 10 Caps at any time through the interval from the top of one Season up to the beginning of the following Season

Then

(c) the League Fee payable to such Player for such subsequent season and any subsequent season if such participant’s contract is prolonged by the related franchise shall be Rs. 50 Lakhs for as long as such participant has 1 Cap, Rs. 75 Lakhs for as long as such participant has 5-9 Caps and Rs. 1 crore if the participant has 10 Caps or extra; and

(d) if such participant is subsequently traded then prior to such commerce his League Fee shall be deemed to be decided underneath paragraph (c) above. It is clarified that for the needs of calculating the Salary Cap, if the participant is traded, then any enhance in a participant’s League Fee will apply to the brand new franchise’s Salary Cap. However, if the participant stays with the prevailing crew, then such enhance is not going to have an effect on the Franchisee’s Salary Cap and the Salary Cap will stay the identical because it was earlier than the rise in Player’s League Fee.”

Mallika Sagar would be the auctioneer

The similar report provides that the BCCI has confirmed that Mallika Sagar might be conducting the IPL auction, BCCI confirmed. There have been a number of reviews of Mallika being the gavel’s incharge on the IPL auction. “An independent professional auctioneer, Ms. Mallika Sagar, will conduct the auction and she will be the sole arbiter as to all aspects of the auction,” BCCI informed the IPL groups. 

Latest Cricket News