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Home » RCB Star Slams Auction ‘Loopholes’ and ‘Absurd Prices

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RCB Star Slams Auction ‘Loopholes’ and ‘Absurd Prices

NewsFacts Bureau
Last updated: December 21, 2023 11:34 am
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The Indian Premier League (IPL) 2024 auction threw up some crazy numbers as Australian duo set new salary records. In the mini IPL auction, Starc went to Kolkata Knight Riders for Rs 24.75 while Pat Cummins went to SunRisers Hyderabad for Rs 20.50 crore. Those two are the highest-ever salary purse for an individual player in IPL history. Never before in the IPL, has any player crossed Rs 20 crore mark. Royal Challengers Bangalore star who was retained by the side ahead of the IPL 2024 auction, pointed that foreign players and their agents cleverly use the mini auction to get paid some ‘absurd, unheard of prices’.

“I’m not a big fan of players coming straight into MINI auctions and I feel foreign players and their agents seem to use it cleverly because they see a loophole there. I feel BCCI can clamp down on this problem and I’ve given a couple of solutions in my recent video for @cricbuzz,” Karthik posted on X. 

In  the video he said: “Third trend is an unhealthy one. What I have noticed is the mini-auction is used by players and agents very cleverly, where they bring them in mini auction and they go for absurd and unheard of prices knowing that the teams come in with a lot of money and they have holes to fill. hence, the price skyrockets to a whole different level.

“Now, let’s take the example of He is at 11 crore. Some of the bowlers who have come in the mini auction have gone for huge prices. Last year it was

Karthik also offered two solutions to the ‘unhealthy trend’. “Anybody coming into the mini-auction after they have released major auction can only go to the sealing of the price that went for in the major auction. So that, there is no bad blood and have been retained in that team. The second one, in case a player hasn’t been part of the major auction and comes to the mini auction can only go up to price of the highest paid player of that team. The rest of the money can be given to the BCCI. These are my suggestions,” he said.   

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