MEDIA RELEASE

IPL PLAYER AUCTION 2011 – DAY ONE – RECAP

As previously announced, five of the franchisees had retained a total of twelve players (seven Indians and five overseas players) in advance of the auction. The total salary cap available across all the ten franchisees at the start of the day was USD 72.3 million.

During the day, 72 players were sold for a cumulative hammer price of USD 52.8 million. Of these, thirty were Indians and 42 overseas players.

At the start of day two, the franchisees will have a remaining cumulative salary cap of USD 19.5 million. This is to be used both in the auction room, and to sign uncapped Indian players after the auction. 18 Indian players remain available for sale in the auction on day two, and the franchisees have the possibility of taking upto a total of 53 overseas players. That is a maximum of 71 players, if all franchisees do take their full allocation of overseas players.

IPL 2011 - MATCH SCHEDULE

Each team will play seven matches at home, and seven away.

Each team has nine opponents. Each side will play five of those at home and away, will play two at home only, and will play the remaining two away only.

This will produce a total of seventy league matches.

The season will commence as scheduled on Friday, 8 April 2011, and will conclude with the IPL final on Saturday, 28 May 2011.

There will be one league table, as in previous years, and the top four teams at the end of the league stage will qualify for the play-off matches.

There will be four play-off matches, as previously announced.

Which team plays which opponents (home and away / home only / away only) will be determined by a random draw, which will take place at 11:00 am on Sunday, 9 January 2011, before the start of day two of the IPL Player Auction.

N. Srinivasan

Hony. Secretary

BCCI