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IPL 2012 auction set for February 4

IPL 2012 auction set for February 4

The players from the Kochi Tuskers Kerala franchise will be part of the auction.

Mumbai: The IPL governing council has fixed the date for the 2012 player auction at February 4, but has yet to announce a venue. The players from the Kochi Tuskers Kerala franchise, which was terminated on September 19 for or breaching its terms of agreement, will be part of the auction.

The IPL governing council had earlier this month confirmed that the squad sizes for the each team had been increased from 30 to 33, with 11 foreign players per squad as opposed to an earlier limit of 10. The rule of four overseas players per playing XI remains. The teams will also have an additional salary cap of $2 million.

Those players from KKR that failed to attract a bid will have their salaries covered by the IPL by means of the franchise’s bank guarantee of Rs156 cores, encashed by the BCCI. Brendon McCullum, Muttiah Muralitharan, Mahela Jayawardene and Ravindra Jadeja are set to be part of the auction.

The governing council also decided that the first window for trading players will be between December 15 and January 20, with a shorter window after the auction.

first published:December 15, 2011, 19:24 IST