MEGA AUCTION RULES BEFORE IPL2021

know everything about MEGA AUCTION RULES BEFORE IPL2021.

MEGA AUCTION RULES BEFORE IPL2021
pic credit: IPL

A Brief Introduction:

The world’s biggest and most successful cricket league, IPL, started in 2008 when T20 cricket just got popular after the 2007 T20 world cup. India lifted that world cup under MS Dhoni’s leadership. After that, it is no stopping anywhere and getting famous day by day. Lots of controversies circled the league but they never affected the existence of the IPL.

There were 8 franchises in the starting and every franchise had a choice to retain one player from their respective city. Like Kings 11 Punjab retained Yuvraj Singh, Mumbai Indians retained the great Sachin Tendulkar and every franchise retained their local heroes.

But there were Chennai super kings which had a different target for someone else; it was none other than India’s T20 world cup winning captain MS Dhoni. Every franchise bid for him and he went to CSK for a whopping amount of 1.5 million dollars.

The mega auction happens every three years but franchises can release and retain players every year. Every year auction is called “MINI AUCTION”. There is a new rule of ‘Mid-season’ transfer also, where a franchise can sign any player from another team if that team allows trading him.

read also: WILL MS DHONI PLAY AFTER IPL2021?

Mega Auction Rules Before IPL2021:

Do you know how IPL teams retain their players in the mega auctions? If you do not know, we will tell you the process here.

Mega Auction Rules Before IPL2021
pic credit: IPL

RULE 1:

A team can only retain 3 players before IPL mega auction.

RULE 2:

A team can use 2 RTM cards (Right to match cards) during IPL mega auction.

How they use RTM cards during IPL auction?

If a player is released by a team and that player’s name comes in the auction and some other team has won the bid for that player, then the same old team which was the franchise of that player for last year can pay the ‘equal winning bid amount’ to the’ winning bid team’ and they can retain the player till next mega auction.

(Ex: – if Mumbai Indians release Jusprit Bumrah from their team and in mega auction Chennai super kings has won the bid for Bumrah for 1 million dollars. Now Mumbai can get back to him again at the next mega auction if they pay an equal amount of money to CSK by using the RTM card.

Now a franchise has a chance to retain a maximum of 5 players from the previous year’s team.

RULE 3:

A team can retain a maximum of 3 national/capped Indian players. (Like Virat Kohli)

RULE 4:

A team can retain a maximum of 2 uncapped/domestic players. (Like – Shivam Mavi)

RULE 5:

A team can retain a maximum of 2 foreign/overseas players. (Like- AB de Villiers)

HOW MUCH THEY GET PAID WHEN THEY GET PICKED UP BY A FRANCISE IN MEGA AUCTION?

The total purse amount was 80 crore Indian rupee in the last auction.

Condition 1:- if a team retains only 1 player.

First player12.5 cr
total  money spend12.5 cr
Remaining money67.5 cr

Condition 2:- if a team retains only 2 players.

First player12.5 cr
Second player8.5 cr
Total money spend21 cr
Remaining money59 cr

Condition 3:- if a team retains 3 players.

First player15 cr
Second player11 cr
Third player7 cr
Total money spend33 cr
Remaining money47 cr

Although there are lots of rumors roaming that IPL mega auction rules will be changed after IPL 2021 and there will be 2 more teams will be included after the completion of IPL 2021.

So let’s see what exciting news and updates IPL will bring for us next season. Till than take

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