The 12 teams that have qualified for the inaugural $6 million prize money Airtel Champions League Twenty20 will receive a participation fee of $5,00,000 each.
Sussex Sharks and Somerset Sabres were the last two teams to qualify from England. The winner of the competition to be played from October 8 to 23 in India will receive $3 million.
Since Rajasthan Royals and Chennai Super Kings - finalists of the DLF-IPL season I in 2008 - had qualified for the Champions League T20 that was cancelled because of the terror attack in Mumbai, they will receive a compensation of around Rs. 22 crore each.
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The CLT20 Governing Council has said that nine players have qualified for their home and away (IPL) team. The council has clarified that if a player decides to play for an ‘away’ team rather than his ‘home’ team’ - the team from the country he is eligible to represent in international cricket - the ‘away’ team shall pay $2,00,000 compensation to the ‘home’ team’.
Herschelle Gibbs (Deccan Chargers) has decided to play for Cape Cobras and Ferveez Maharoof (Delhi Daredevils) for Wayamba.
Nathan Bracken (NSW Blues, RC Bangalore), Brendon McCullum (Otago Bolts, NSW Blues), Dirk Nannes (Victorian Bushrangers, Delhi Daredevils), David Warner (NSW Blues, Delhi Daredevils), Cameron White (Victorian Bushrangers, RC Bangalore), Andrew McDonald (Victorian Bushrangers, Delhi Daredevils), Dwayne Smith (Deccan Chargers, Sussex Sharks) have yet to take a decision soon on which team they would be playing for.
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Otago Bolts has selected McCullum in its squad though. The Governing Council has also said that members of each team’s initial squad must have either played for or must have been contracted to play for his nominating team in the most recent qualifying Twenty20 competition played by that team.
“Once a team names its initial squad, CLT20 will assess which players have been listed for two or more teams. Players who have been nominated by multiple teams will then be contacted by CLT20 to nominate their chosen team.
“Players will then be given 24 hours to determine which team they wish to represent,” said Dean Kino, CLT20 Governing Council Member and Director of Legal and Business Affairs.