"The IMG-Reliance tournament starts from January 18 and would run till March 30, and the first match will be played in Mumbai," an informed source said today.
The bidding for the eight franchises to take part in the tournament will be held next month, while the players' auction - including the foreign players - would be held in October.
Pune, Mumbai, Chennai, Kolkata, Kochi, Goa, Delhi and Bangalore will be the eight cities where the franchises would be based, while Guwahati and Hyderabad have been kept in the reserves.
The tournament will feature 22 players in each team, with 10 foreign players, including a marquee player. Each franchise will also include eight domestic players and four local players from the catchment area in the under-23 category.
Also Read
The marquee player pool would be about 12-15 players, the source informed.
The games would be played like in a normal match, over 90 minutes. The four teams that finish on top, will go to the semi-final stage, just as it happens in IPL.
"The international players would be signed up for four months and it would be a mix of players who are free agents, recently retired and those who are coming on transfer or loan," the source added.