Jaipur IPL team fined for under-bidding

Updated: 21 February 2008 08:55 IST

The Jaipur franchise has been penalised for falling short of spending the mandatory minimum amount in the IPL players' auction.

New Delhi:

The Jaipur franchise has been penalised for falling short of spending the mandatory minimum amount in the IPL players' auction.

The Jaipur Franchise of the DLF Indian Premier League bought just eight players spending Rs 11.7 crores that is short of the Rs 13.2 crore that was the minimum that any team had to spend.

Jaipur's new headache comes as a huge surprise considering there are 5 teams Mohali, Chennai, Hyderabad, Delhi and Kolkata that have exceeded the Rs 20 crores that was the cap.

Jaipur will now be penalised and will now have to deposit the difference between the amount and the minimum they had to pay at that auction.

Topics : Cricket Sreesanth
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