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IPL team bidding News

Reverse bidding

08 Dec 2015

What is reverse bidding and how will it benefit the BCCI, affect new franchises?

IPL chairman Rajeev Shukla earlier said that the base price for the reverse bid from the central revenue pool is Rs 40 crore.

IPL franchise auction

08 Dec 2015

IPL franchise auction: All you need to know!

21 companies bought the bid documents and the one with the lowest bid will be the winner.

08 Dec 2015

IPL's two new teams to be named today, franchise with lowest bid to get lucky with MS Dhoni

As per an interesting clause, the team with the lowest bid will have the first right to pick a player from the elite list of players from the two popular franchises.

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