Indian hockey that looks to be making strides again particularly after the men’s team won back to back medals at the olympics and the recent Asian Championship. Championships furnished in dominance have included the acclaimed Hockey India League which it interrupted that fl targeting the growing fan base of Hockey in India.
On Friday correspondingly, HI announced the long anticipated return of the HIL they have been making for over six months, consisting of eight men’s teams and six women’s teams. HIL will evolve bigger and better to say as a revenue generating machinery whose focus will be attracting the best hockey players from every corner of the world through fat pay checks.
A total of 10 franchisees joined. The player auction is set for October 13-15 at the latest I have come across such details. Hi has got an assurance from team owners for the next 10 years to hold the league, and this has caused a stir due to the large amount of money involved from hi and the franchises’ .
Leisure Sports Management over last decade have built home grown leagues and will spend Rs 36.4 Billion Rupees over a decade. A figure of 1.12 Billion Rupees should come from HI every year for the period under consideration, mainly from HIL’s title sponsor and further sponsors and TV rights.
Over its lifetime HI’s total investment on the league would amount to Rs 1120 crores which has been locked in for a period over 10 years. In this instance, there are 14 teams and some of the 10 owners of the team own the franchises in different teams. Teams spend approximately Rs 18 crore per team on an annual basis, so in a span of 14 teams, they will be spending 252 crore rupees, which translates to 18 egg Rs 18. As per the structure of HIL, in the next 10 years a valve, Rs 2,520 crore will be set aside on average for each franchise. Therefore, considering RS 1,120 crore of HI’s contribution and RS 2,520 crore of franchisee expenditure, HIL’s investment will touch RS 3,640 crore.
Again from that US$4 million assigned for how players in Rach’s team are paid, fixed annual salary per male player is US$2 million and female player is US$1 million. Each squad shall contain at least 24 players comprising of 16 Indian players with four junior players mandatory and a maximum of eight overseas recruits.
Players will be auctioned in three categories with base prices of Rs 2 lakh (juniors), Rs 5 lakh and Rs 10 lakh. If India men’s team captain Harmanpreet Singh raises his base price to Rs 10 lakh, then he may be bought at a higher price. Team owners need to keep in mind that they have to Commission no more than Rs 7-crore to build their male squads. Players are divided into three categories, those with rs.
The return of the HIL will mark the first occasion when women’s competition will be incorporated with men’s tournament since HIL’s inception. Dilip Tirkey President HI said: “The concept of adding a stand-alone women’s league within the ambit of HIL is aimed at elevating female players and Scope the Indian participated future ice hockey towards competitiveness. FIHThe world governing body of the sport in question has sentenced the HIL for a period of about 10 years to the four walls of dystopia.
Which, however, has proved impossible, the Corridor has suspended the HIL for a period of ten years. Consequently, the league has created a specific timeframe which spans from the last week of December to the first week of February. During this period also no other tournaments will be conducted so that foreign players of top order can be picked for the sides.
Tirkey also stated that, since becoming the head of the Football Association, it has been his ambition to bring back the league. “The Super Hockey League was the first in the world league culture, there was no other world league prior to this. And and today that dream has come true. From HIL, national teams HIL is destined to serve the game. Making history, I emphasize. For the sport of hockey history has, is and will be very crucial and we appreciate FIH for giving us 35 days to create this.”
