Font Size -

Jaipur team fined for spending less in IPL auction

Agencies

Posted online: Thursday , February 21, 2008 at 1610 hrs IST

New Delhi, February 21:: The Jaipur franchise has been penalised for spending less amount than the mandatory sum set by the Indian Premier League organisers for players' auction in Mumbai.

The Jaipur team was required to spend USD 3.3 million (approx Rs 13.17 crore) but they ended up shelling out only USD 2.9 million (approx Rs 11.8 crore) for eight players.

"The Jaipur team has been penalised for spending less than the mandatory amount in yesterday's players' auction," IPL Chairman Lalit Modi said on Thursday.

"In penalty, they will have to pay the difference to the

orgnisers," he said.

Five of the eight franchises, however, spent more than the maximum limit of USD 5 million. As per the IPL rules if a player is expected to be "either completely unavailable or only available for less than four of the matches in 2008, 25 per cent of the fee bid for that player in the auction will count against the USD 5 million purse".

Jaipur have bought Mohammad Kaif (Rs 2.7 crore), Graeme Smith (Rs 1.9 crore), Yusuf Pathan (Rs 1.9 crore), Shane Warne (Rs 1.7 crore), Munaf Patel (Rs 1.1 crore), Younis Khan (Rs 90 lakh), Kamran Akmal (Rs 60 lakh), Justin Langer (Rs 80 lakh).

Ads by Google

Print Email To Editor

Digg

Digg

On Digg, users share intersting online content by submitting links to the site. At that point, the Digg audience can vote on whether or not they think it is interesting. Articles with lots of votes, or "diggs," rise up higher on the site's main page and topical subsection pages. Another form of social sharing, this site also lets users categorize the content they are submitting to Digg and label it with descriptions of up to 350 characters. Digg users can also submit comments on each content item submitted to the site.

To register, go to: http://digg.com/register

Yahoo

My Yahoo

My Yahoo
My Yahoo allows to cache all text on a page, store a thumbnail view. It also allows both categorization (folders) and tagging of each bookmark.
To register, go to: www.yahoo.com

Fark

Fark

This site is a massive compilation of articles and news submitted by users all around the globe. All the submitted links are available for TotalFark subscribers.
To register, go to: www.fark.com

del.icio.us

del.icio.us

At its most basic level, del.icio.us allows users to save their bookmarks online. Del.icio.us also gives users the ability to "tag" their bookmarks with descriptive category names. For example, someone who has bookmarked multiple Web pages that deal with the Washington Nationals baseball team could tag those links with any terms they want, like "baseball," "nationals," "natsfan," etc.

As members of a "social bookmarking" community, del.icio.us sers can also see how many other people have bookmarked the same pages, and they can look at those users' bookmark collections to find other interesting online content.
To register, go to: http://del.icio.us/register

Newsvine

Newsvine

Users can write articles on current news events, save links to external content; vote, comment and chat on article pages created by both users and by journalists.
To register, go to: www.newsvine.com.

Reddit

Reddit

Reddit allows users to submit news articles and other online content to the site. Users also give articles a thumbs-up or thumbs-down. Reddit then uses those votes to build a user profile and to find articles to recommend to you. Users can also submit comments on items posted to the site.

To register, go to: http://reddit.com/login

Rate this article

Post Comment :

Comments

Hide Comments

Show Comments

Cricket - hot
by Ghosh Gautam on 2008-02-22 08:28:41.689943+05:30
Any thermometer ? With global warming it will be 44* C temperature in May for IPL cricket matches ? Too hot - so play only in cooler Bangalore and Dharamshala HP.
Reply | Forword | Report Abuse

Manish
by Manish on 2008-02-22 00:09:04.057367+05:30
That's true.
Reply | Forword | Report Abuse

Manish
by Manish on 2008-02-21 23:48:09.556883+05:30
That's true.
Reply | Forword | Report Abuse

NS
by Roan on 2008-02-21 21:47:41.244098+05:30
Well they see the whole thing as business and not want to spend money, get the most without foking out any.Thats pure business, but the players has to feel better and appreciated for there time and commitment.Cricket should be the winner here,the players has to get the reserve price.Cricketers has to well looked after.Kindly tell Mr Wadia not exploit the situation.
Reply | Forword | Report Abuse

Name	*	Message *
Email ID	*
Subject	*

MOST READ

IPL final to be held in D Y Patil Stadium

Brad Hodge to rejoin Knight Riders

Sachin, Saurav clash for semis berth

I can manage both Bhajji & Sree: Kirsten

Senate committee accuses PCB of covering up finances

Jaipur team fined for spending less in IPL auction

Agencies

expresscricket	Web