SA T20 Auctions: IPL owners loosen purse strings as young Tristan Stubbs gets 9 million rand from Sunrisers EC
The six teams in the league are owned by IPL franchises -- MI Cape Town (Reliance), Pretoria Capitals (JSW), Paarl Royals (Royals Sports Group), Durban Super Giants (RPG-Sanjiv Goenka), Johannesburg Super Kings (India Cements), Sunrisers Eastern Cape (Sunrisers Hyderabad owner Kaviya Maran). With a salary cap of R 34 million (USD 1.9 million approx, INR 15 crore) per team, robust bidding was witnessed with Stubbs, who plays for Mumbai Indians in the IPL, being the most sought-after.


