IPL 2022 Latest News & Live Updates

Updated: October 1

The 15th edition of IPL will be different from VIVO IPL 2021. 10 teams instead of 8, 74 matches instead of 60, and much more. The mega auction will be held in January, February 2022 before that two new teams will appear in IPL

In this article, we will give you the latest information about every news related to IPL 2022.

Also Read: IPL 2021: Who Will Win IPL 2021 Final?

IPL Media Rights For 2023-27 cycle

Sony, Star India, and Reliance-backed Viacom18 would be the 3 major bidders for Television, media rights of the IPL 2023- 2027 cycle. Digital rights bidders for this cycle could be Netflix, Hotstar, Facebook Jio & Amazon. (Reports).  

BCCI is planning to auction for two new teams on October 25th. (Report cricbuzz) On Aug 31 BCCI invites bids to buy two IPL franchises.

IPL 2022 Mega auction is likely to be held in January.

BCCI Shortlisted Six Cities For Two New Teams (Report)

According to some reports BCCI has shortlisted six cities for new teams for IPL 2022. These are Ahmedabad (west), Cuttack (all east), Dharamshala (north), Guwahati, Lucknow, & Ranchi.

BCCI Is Expected To Earn 5000 Crores Through Team Bidding

IPL is all set to have new colors from 2022. The 15th edition of the Indian Premier League will feature two new teams from 8 to 10 for the new season. BCCI has set the base price for bidding to Rs. 2000 crores. World’s richest cricket Board is expecting Rs. 5000 crore earnings through team bidding.

Also Read: IPL Winners Runners Up, Captains, Man Of The Match (Final), Player Of The Series List All Seasons

Terms Of Bidding

Interested buyers can submit their details till October 5 and a decision will be taken the same month.

Any company can buy the bid document for new teams but they have to pay Rs 75 crore.

BCCI will only allow the companies with an annual turnover of more than Rs. 3000 crore for bidding.

Also Read: MS Dhoni IPL Career: Year-Wise Runs, Stats, Records Against All IPL Teams

Ahmedabad, Lucknow, and Pune are the top contenders for the two new teams.

Some of the big business houses, names that are interested, like RPG Sanjeev Goenka, Adani group, and Torrent

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