Salary Cap of Players in Indian Premier League Auction 2018
Indian Premier League will be better Known for its Money. IPL has High Salaries for Players over the Years , IPL give Players More Money than the Entire World. IPL Increase the Salaries of Players for the 2018 Edition.This time IPL highest salary cap has been fixed as 80 crores compared to 66 crores in earlier seasons of IPL 2017 .Fate of IPL 2018 Auctions depends on the next IPL Owners meeting. Star Sports has won IPL 2018 media rights. IPL Player auctions for 2018 are expected shortly.Chennai super kings and Rajasthan Royals are back to IPL 2018. And They are looking to retain their old team particularly chennai. Dhoni has made his choice clear in many press meets.
Star Sports Won the Broad Casting Rights of IPL 2018
Star India was declared as the winner of the IPL media rights from 2018 for 5 years. Star Sports won the auction with a consolidated global bid worth Rs 16347.50 crore and Star outbid Sony’s bid of Rs 11058 crore to bag the rights. Other bidders are Airtel, Facebook, Times Internet, Reliance Jio, be IN Sports, SuperSport, Yupp TV, Gulf DTH, BAM Tech, Econet Media Group, Perform Group, and Followon Interactive Media.