BCCI to invite bids for two new teams for IPL

CSK and RR will remain suspended for two years.

The BCCI has decided to invite bids for two new teams to replace Chennai Super Kings (CSK) and Rajasthan Royals (RR) for IPL seasons 9 and 10, the final two years of the first 10-year tranche of the T20 tournament.

The Supreme Court-appointed Justice Lodha Committee had suspended the two champion sides for two years after its owners were found guilty of betting and thus violating the IPL operational rules. The BCCI working committee, on Sunday, decided to fully implement the Lodha Committee recommendations.

As an incentive, the two new franchisees will be offered six CSK and RR players by lots; the rest of the players from the two teams will be released for open auction. CSK had won the Chennai franchise for $90 million for 10 years and RR the Jaipur franchise for $67 million.

The working committee meeting was reconvened after the earlier one was adjourned.

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