The Indian Premier League’s 2023 mini-auction saw successful purchases of players like Sam Curran, Cameron Green, and Ben Stokes, however, the participating franchises have expressed discontent with the event and have suggested the Board of Control for Cricket in India (BCCI) implement a player draft instead.
The franchises believe that a player draft would be a more cost-effective method of acquiring talent and have requested that the mega-auction, which is traditionally held every three years, continue to be held.
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The mini-auction has faced criticism due to the high prices that teams have had to pay for top players, such as Harry Brook’s Rs. 13.25 Crore purchase by Sunrisers Hyderabad, which could have financially strained the Rajasthan Royals had they attempted to secure him.
The Big Bash League (BBL) in Australia has introduced a player draft system this year for overseas players, unlike an auction and seems to have achieved some amount of success. A draft system would mean that players will be divided into separate groups, with each group having a salary cap.
In the Big Bash, players were divided into four categories including platinum, gold, silver and bronze. The platinum players will be earning $AUD340,000, while gold players will earn approximately $AUD260,000, silver $AUD175,000 and bronze $AUD100,000.
The BCCI has not yet made a decision on the franchise’s suggestion and will have a year to consider its options. The 2023 IPL season will be sorted through the mini-auction, but the 2025 season will see a mega-auction take place. The board’s final decision on the matter will be announced in 2024.