The lucknow

The new IPL franchises -- Lucknow and Ahmedabad have been given time till January 22 by the BCCI to submit their list of draft picks, ahead of the mega auction in February.

After finally giving the clearance to the CVC Capital to own the Ahmedabad franchise, the board formally authorised the two new teams to sign players. The go-ahead was given to them through a letter on Wednesday, a Cricbuzz report said.