Ness Wadia, co-owner of the IPL franchise Punjab Kings, believes that adding two new teams to a cash-rich league will bring a new dimension to the tournament.
Indian Cricket Control Board (BCCI) An Invitation to Tender (ITT) has been proposed to invite bids to have two new teams to introduce IPL.Interested parties can purchase tenders at a non-refundable price $One million tax increases until October 5.
It will add a new dimension to the alliance: Ness Wadia
Wadia believes that the revenue of the two new teams will reach at least 30 billion Indian rupees, and said the league’s ratings will also increase.
“The value of each new team should be 50% to 75% higher than the base price of 2,000 rupees. I think each team will fight for at least 3,000 to 3,500 kerrs,” Wadia told The Times of India.
“I’m excited about the addition of two new teams because it will add a new dimension to the league. It will bring a wider audience base. It will strengthen the IPL, which is already the greatest cricket league in the world. , Is also one of the greatest leagues in world sports,” he added.
We don’t know what retention or matching rights are: Ness Wadia
In addition to adding two new teams, IPL 2022 will also witness a major auction, and all teams will be completely reorganized.
Wadia believes that large auctions should be held in a fair and just manner, and he is not sure whether he can retain the team’s players.
“It (large player auction) should be fair and just, especially for the two new teams. I look forward to seeing what happens from this perspective,” Wadia said.
“We don’t know what the right to reserve or match is. We will see (things) on this basis. I think several players will be contested by the team,” he added.
At the IPL Management Committee meeting, it was decided that the last two league games on October 8th will be played simultaneously instead of the usual back-to-back matches. Wadia appreciated this decision and praised BCCI for its proactiveness.
“I think BCCI’s goal has always been to provide each team with a balanced and fair position and positioning. This is a good decision. I congratulate them for being so proactive,” Wadia said.
The Punjab Kings rank fifth in the standings, but their chances of making the playoffs are very slim.