The IPL Governing Council has announced new regulations for the 2025-27 season, featuring an increased salary cap and the introduction of match fees. Franchises will have an auction purse of INR 120 crore, while players will earn INR 7.5 Lakhs per match in addition to their contracted amounts, enhancing overall player earnings.
EXPLAINED: Franchise purse for IPL auction and the new ‘match fee’
Categories:
Related Post
Bitcoin and crypto stocks rise after the Fed cuts rates by half a percentage pointBitcoin and crypto stocks rise after the Fed cuts rates by half a percentage point
Cryptocurrencies rose during a broad market rally Thursday, one day after the Federal Reserve delivered a large interest rate cut.
U.N. panel urges global cooperation on AIU.N. panel urges global cooperation on AI
A United Nations advisory panel took input from 37 experts and released seven recommendations for global artificial intelligence usage. Ian Bremmer, who served on the advisory body in charge of
‘Robbed of medal’: Boxer Nishant’s loss sparks scoring system debate‘Robbed of medal’: Boxer Nishant’s loss sparks scoring system debate
At the Paris Olympics, Indian boxer Nishant Dev lost in the men’s 71 kg category to Mexico’s Marco Verde, sparking controversy over the fairness of the scoring system. Notable figures,