New Delhi: The Board of Control for Cricket in India (BCCI) has said that IPL franchisees may start signing up the uncapped players for the fourth edition of the Indian Premier League (IPL) from Monday.
The signing of uncapped players will give a final shape to the squads of the 10 teams in the fray.
The franchisees will use the remaining balance of their $9 million salary cap to buy these players.
“According to IPL regulations the uncapped Indian players can be taken on fixed fees which are determined by when they first played First Class or List A cricket,” a BCCI release said.
As per the pay structure for the uncapped players, cricketers, who have not or first played Ranji Trophy, First Class or List A in the 2009-10 or 2010-11 season will get Rs10 lakh per annum. Rs20 lakh per annum is for those, who first played Ranji Trophy (First Class or List A) in the 2006-07, 2007-08 or 2008-09 seasons.
Those cricketers, who first played Ranji Trophy (First Class or List A) in the 2005-06 or earlier seasons, will have a salary cap of Rs30 lakh per annum.
The players auction concluded on Sunday in Bangalore with 127 players bought by different teams.
Out of a total of 127 players sold in the auction the maximum were from India (45) followed by Australia (36), South Africa (18), Sri Lanka (9), England (7), New Zealand (7), West Indies (3), and one each from Bangladesh and Netherlands.
The 2011 IPL season will start from 8 April and conclude on 28 May.