September 5, 2010 7:01 PM

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IPL's next three seasons to have a total of 74 matches

Indian Premier League's next three seasons, starting 2011, will have a total of 74 matches, up from 60 this year, following the addition of two new franchises.BCCI secretary N Srinivasan said in a release after the IPL's Governing Council meeting in Mumbai today that there would be 70 league matches plus four play-off matches with each team playing the same number of matches as in the previous IPL editions. He said, there will be one league table with teams divided into two groups of five teams each. The IPL Governing Council also decided to allow the original eight franchises to retain a maximum of four players, including three Indians, and fixed a salary cap of USD 9 million for each franchise to spend at the next players' auction set forthe middle of November. Player contracts will be for a period of two years plus a one-year right of extension by franchise. In another major change, the Governing Council decided that all player contracts would be a tripartite agreement signed by the player, the franchise and the BCCI and all the contracts would be managed by the Board. Till now the agreement was between the player and the franchise only.

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