IPL Auction 2024
Top 5 Indian T20 League 2022-23 auction rules
The mini-auction will come with certain new rules.
The Indian T20 League auction is all set to take place on Friday, 23rd December in Kochi. With the future of 405 players on the line, the mini-auction will be a highly entertaining affair for cricket fans.
While the auction is going on for more than a decade, some new rules have been added this time around as well. Let’s look at the top five rules of the Indian T20 League auction.
Impact player rule
Arguably the best rule introduced in the Indian T20 League; the impact player rule will give teams another dimension to their strategy. The rule allows both teams to make one substitution from a listed four by the 14th over of an innings. The maximum number of overseas players among these 15 (11+4) can only be 4.
Silent tie-breaker
This rule comes into play when two teams have exhausted their purse while going for a player. If the two teams are tied, both franchises can submit a final closed bid amount from which the higher bid wins.
Accelerated auction
After the first 86 players have been auctioned, all the franchises will have the option to list out all the players that they want from the unsold list and present it. Auction on these players will then take place and other franchises will also have the opportunity to bid.
Increments
The bid amount moves up by a certain increment that is predefined by the Indian Cricket Board. For example, for bids in Rs 1 Crore or lower category, the increments will be of INR 5 lakh.
Similarly, bids between Rs 1 Crore to 2 Crore, will see increments of Rs 10 Lakh. For bids between Rs 2 Crore and Rs 3 Crore, the increments will be of Rs 20 Lakh. Finally, when the bid moves above Rs 3 Crore, the increments will be announced by the auctioneer but will be no less than Rs 20 lakh.
Cap on foreign players
As per the rules of the Indian Cricket Board, the Indian T20 League franchise can make up a squad of 25 players out of which only 8 could be from a foreign country. This cap has been put forth by the Indian Cricket Board so Indian young players could get enough chances at the highest level.