Auction For Two New IPL Teams To Take Place On October 17

The first match of IPL 2021 Phase 2 is set to be played between Chennai Super Kings (CSK) and Mumbai Indians on September 19.

IPL_2021_Updates

New Delhi: The bidding for two new teams proposed to be introduced in the Indian Premier League (IPL) 2022 season will take place on October 17. The bids can be picked till October 5. From the next edition, IPL, which so far has eight teams participating in the cash-rich tournament, will become a 10-team affair.

"The bidding is set to take place on October 17 while queries regarding the same can be made till September 21," a source told news agency ANI.

Most of the cricketers have joined their respective franchises for Indian Premier League (IPL) 2021 Phase 2.  The cricketers from India and England who arrived in the United Arab Emirates (UAE) from England have to stay in mandatory quarantine for six days.

The first match of IPL 2021 Phase 2 is set to be played between Chennai Super Kings (CSK) and Mumbai Indians on September 19.

Last month, Board For Control Of Cricket In India (BCCI) had made the tender available for potential bidders to make bids to "operate and own" one of the two new IPL teams.

"The detailed terms and conditions governing the submission and evaluation of bids including eligibility requirements, process for submissions of bids, proposed new teams’ rights, and obligations, etc. are contained in the ‘Invitation to Tender’ (“ITT”) which will be made available on receipt of payment of non-refundable fee of INR 10,00,000 (Rupees Ten Lakhs Only) plus any applicable Goods and Services Tax. The ITT will be available for purchase till October 5, 2021." stated a press release from the BCCI.