According to the draft system, each team will have to pick a minimum of two and a maximum of three players.
It is understood that a private firm will be given the task to work out the business model as the IPL GC members, which met on Friday, believe the time is ideal to start a new league.
After switching to the Hurricanes from the Scorchers ahead of BBL 10, David quickly rose to become one of the world's most prolific T20 players, securing contracts in the IPL, PSL, CPL and The Hundred
Glenn Maxwell has been a marquee player in the BBL, having featured in every season of the competition since its inception in 2012/13.
With Sydney Smith chances to play in the final officially over, Sixers' captain Moises Henriques and veteran spinner Steve O'Keefe will play through injuries.
The BBL has witnessed an unprecedented COVID outbreak with numerous positive cases being reported across eight franchises, forcing postponement and last-minute rescheduling of matches.
Fast bowler Shikha Pandey has also been dropped from the World Cup squad which will be captained by veteran batter Mithali Raj
Maxwell, who is the captain of Melbourne Stars in the BBL, became the 13th player from the franchise to test positive for the virus.
Twelve Melbourne Stars players have contracted COVID-19, forcing them to call up Victorian club cricketers just to field a team for their last two games.
Harmanpreet Kaur enjoyed a dominant season in red, ending the regular season as her side's leading batter with 399 runs and bowler with 15 wickets.
Qais Ahmad is the club's second international signing following confirmation last week that English batter/wicketkeeper Joe Clarke has signed for the upcoming season.
Chand, a former India A skipper, had never played for the Indian senior team but was part of three IPL franchises -- Delhi Daredevils, Mumbai Indians and Rajasthan Royals.
Harmanpreet first took a couple of wickets with her off-spin before smashing an unbeaten 73 off 46 balls as her team Melbourne Renegades defeated Adelaide Strikers by six wickets in Perth.
Wilson will be replaced by Tasmania-based player, Emily Smith, in Saturday night's match against the Adelaide Strikers.
Hannah Darlington stands in for Rachael Haynes, who has decided to withdraw from the entire WBBL, post the birth of her son, Hugo. Darlington is the youngest captain in the competition's history.