BCCI bidding day for new IPL teams is on October 17. October 17 could be the day allotted by the Board of Control for Cricket in India. Also, for the bidding for the two new Indian Premier League teams. The date is officially confirmed but tentative, it would mean this crucial decision will be made in just two days. After the IPL 2021 final and on the day when the T20 World Cup starts in Oman. They suggest that the BCCI has informed bidders that the final venue will be decided later.
BCCI posted on Twitter
BCCI bidding day, as reported by Cricbuzz, there are three crucial dates that have been informed about September 21, October 5, and October 17. Until September 21, any doubts regarding the bidding process will be resolved. The Invitation To Tender document will be made available on October 5.
There are eight teams in the IPL currently. This means that each team gets to play seven home and away games. Also, with two new IPL teams in from next year. After that, the expected number of home and away games is expected to rise to nine.
However, the Board of Control for Cricket in India is likely to stay to 14 games with the choice of 18 games. And still being accessible within the agreement. Almost the availability of the window, matches will be 74 or 94.
The rules were made by the BCCI, the bidder for the new IPL franchises. They should have a net worth of INR 2500 crore and a turnover of INR 3000 crore. Also, the reports from Cricbuzz, the base price of 2000 crores.
Lastly, the legal process will determine whether the bidder qualifies for bidding. After that, which the financial bidding will begin. One can bid between two and six cities. Similarly, namely Ahmedabad, Lucknow, Indore, Cuttack, Guwahati, and Dharamsala.