章 12: Chapter 11 : IPL Auction 1
The Indian Premier League (IPL) has become a global franchise league that has opened up avenues for cricketers from all over the world to showcase their talent and earn big bucks. Nitish is no exception. Like many other young cricketers, he is excited about the prospect of getting noticed and earning fame and fortune through the IPL.
Nitish is a talented cricketer who has been performing well in the domestic circuit, especially in the Ranji Trophy matches. He knows that the IPL is the best platform to showcase his skills and get noticed by the franchise owners. Nitish's favorite team in the IPL is the Royal Challengers Bangalore (RCB), despite the fact that they have not won any titles so far. The fan base of RCB is so strong that even without winning any titles, the team has not lost its popularity.
Nitish is hoping that he would get a chance to play for RCB in the upcoming season of IPL. However, he knows that the decision of which team to play for is not in his hands. It all depends on the franchise owners and their scouting team. He has been performing consistently well in the Ranji matches, and he knows that many selectors have been coming to watch him play. However, he is unsure if any of the talent scouts from the franchises have noticed him yet.
Nitish is aware of the fact that the competition in the IPL is tough, and there are many talented players vying for a spot in the various teams. However, he is confident in his abilities and knows that he can perform well under pressure. He has been working hard on his fitness and skills, and he is ready to take on the challenge of playing in the IPL.
In conclusion, Nitish is excited about the prospect of playing in the IPL and earning fame and fortune through it. He knows that he has the talent and skills to make it big in the league, and he is hoping that he gets a chance to play for his favorite team, RCB. He is aware of the tough competition and is working hard to improve his game and make himself stand out from the rest of the players.
The Indian Premier League (IPL) auction is an event where franchises bid for players to form their teams for the upcoming season. The auction usually takes place a few months before the start of the IPL season. The format of the auction has changed over the years, but the basic principles have remained the same.
In the IPL auction, all the players who have registered themselves for the auction are put up for bidding. The franchises have a certain budget, known as the salary cap, which they cannot exceed while bidding for players. The salary cap is usually around INR 80 crores ($10 million) for the entire squad of players.
The auction process starts with the franchises submitting a list of players they are interested in bidding for. This is known as the shortlist. The shortlist is then reviewed by the IPL governing council, and players who are not eligible or do not meet the criteria are removed.
On the day of the auction, each franchise is given a paddle with a unique number. The auctioneer starts with the first player on the list and invites bids from the franchises. The franchise with the highest bid for the player wins the auction and gets the player in their team.
The auctioneer then moves on to the next player on the list, and the process continues until all the players are sold or until the franchises run out of their budget. The franchises can choose to buy players for the entire season or for a specific number of matches.
The IPL auction has a few rules to ensure fairness and transparency. One such rule is the Right to Match (RTM). This rule allows franchises to match the highest bid for a player who has played for them in the previous season. The franchise has to use their RTM card within a certain time frame after the player is sold to another team. {RTM is not available in these times of IPL)
Another rule is the minimum base price for players. All players are given a base price, and franchises cannot bid below that price. The base price is determined by the IPL governing council based on the player's performance in previous seasons.
Nitish must be thrilled to be a part of the IPL auction and have the opportunity to be selected by one of the 10 teams. With a minimum base price of 20 lakhs, it shows that the competition is fierce, and the franchises are looking for the best value for their money.
Since Nitish is on the players' list, it means that he has met the eligibility criteria set by the IPL governing council. This is a great accomplishment in itself, and he should be proud of his hard work and dedication that got him to this point.
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