IPL takes franchises view on signing unsold Indian players
New Delhi: The IPL governing council has written to all the franchises asking them if they have any objections to teams signing Indian players who found no takers in the auction held in Bangalore on January 8 and 9.
"We have received a request that franchises (subject to them having sufficient balance on the salary cap to pay at least the reserve price of the relevant player) have the opportunity to sign unsold Indian players from the auction," the letter stated.
IPL rules presently do not permit unsold players to be signed after the auction, and the auction regulations state that that the players not bought in the auction could only play in the 2011 edition as replacement players.
IPL CEO Sundar Raman asked the franchises for their views on the issue and if they are agreeable to the following terms:
1) Permit franchise to buy unsold Indian players from the auction. 2) The player can be bought only at his reserve price.
The franchises have until February 3 to respond to the letter, with the BCCI expected to decide on the matter during the governing council meeting on February 4.