HIL decides to increase salary cap

Hockey India League has decided to raise the franchisees’ salary cap for the second season of the Hero HIL, scheduled to be held from from January 23 to February 23, by $75,000 (Rs 46 Lakh).

Hockey India (HI) Secretary General and HIL chairman, Narinder Batra said the Executive Board accepted the request of the franchisees to raise the cap. “After the enormous success of the inaugural Hero HIL, our franchise partners requested for an increase in the salary cap in the coming season,” said Batra.

“Each franchise now has an additional Rs 46 lakh available to buy new players to complete its squad in place of permanent withdrawals. The mini players Auction/Closed Bid is scheduled for November 18, with 154 players signing up for the auction,” he said.

The salary cap for each franchise in the inaugural season was $650,000 (Rs 3.96 crore) which is now increased to $725,000 (Rs 4.42 crore).

In the inaugural season, 70 top domestic players and 50 international players played for the five franchisees.

Of the 120 players who played in the inaugural Hero HIL, 60 were Olympians. The list includes winners of the prestigious FIH Player of the Year Award, including Jamie Dwyer (2004, 2009, 2010, 2011), Teun de Nooijer (2003, 2005, 2006) and Moritz Fuerste (2012).

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