The Indian Premier League will conduct a second players’ auction next week to enable franchises that have money left after the initial auction held on February 20 from the US$ 5m cap supplement their player base.

“We plan to hold an internal players auction next week with only the team mangement who have money left (in their kitty) to supplement their players,” Lalit Modi said.

‘IPL will make it to FTP’

Lalit Modi feels that the IPL will become a part of the ICC’s Future Tours Programme. “The BCCI has always maintained that FTP is sacrosanctfor all cricket playing nations of the world. We (BCCI) will continue to fulfill all our commitments to the FTP," he said. “We need to realise that the IPL is here to stay and it will carve a niche for itself in the calendar.”