A major update regarding the highly-anticipated IPL 2025 Mega Auction has been received, as reports state Singapore to be the choice of destination for the grand occasion to take place.
The mega auction for the Indian Premier League (IPL) 2025 will be held at the end of November or early December, BCCI sources informed us on Wednesday. The rules and regulations for the same will be released by the Board for Cricket Council of India (BCCI) in a couple of days, they said.
The Indian Premier League has held two large auctions in the past ten years, with four-year intervals in between. The first major auction was held in 2014, then in 2018–when the Rajasthan Royals and Chennai Super Kings made their comeback after a two-year suspension.
Regarding developments related to the mega auction, sources close to BCCI confirmed to IANS that the auction is likely to be scheduled in November end or early December. “IPL 2025 auction will take place in November end or early December this year. Rules of it will be out in a couple of days,” BCCI sources told IANS.
It has also been reported, as per Cricbuzz, that the BCCI is considering Singapore as a potential location for the IPL auction.
It is also been believed that a city in Saudi Arabia is also under consideration, as the BCCI and IPL officials are believed to be currently weighing their options.
Like the 2022 auction in February and the 2023 and 2024 auctions in December, the upcoming IPL mega sale is most likely going to be a two-day affair.
The auction purse for IPL 2025 is set at INR 120 crore, with the total salary cap rising to INR 146 crore. Notably, a match fee of INR 7.5 lakhs per player has been introduced, marking a first in IPL history.
In the last mega auction held in 2022, the IPL teams were permitted to retain up to four players. With the end of the three-year cycle approaching, there are differing opinions among franchises about the optimal number of retained players.
Now, It is left to the discretion of the franchise to choose their combination for Retentions and Right to Match, picking either Indian or foreign players, However, the six retentions/RTMs can have a maximum of five capped players (Indian & Overseas) and a maximum of 2 uncapped players.
Overseas players must register for the auction, with penalties for those who withdraw post-selection.
Additionally, Indian-capped players can be classified as uncapped if they haven’t played international cricket in the past five years. The Impact Player rule will continue for the upcoming cycle.
(with agency inputs)
Comments
0 comment