thenewsfacts.com
  • Home
  • Latest News
  • Trending News
  • Entertainment
  • Technology
  • Sports
  • Business
  • Health
thenewsfacts.comthenewsfacts.com
Font ResizerAa
Search
  • Home
  • Latest News
  • Trending News
  • Entertainment
  • Technology
  • Sports
  • Business
  • Health
Follow US
© thenewsfacts : All Rights Reserved.

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

Latest News

RCB Star Slams Auction ‘Loopholes’ and ‘Absurd Prices

NewsFacts Bureau
Last updated: December 21, 2023 11:34 am
NewsFacts Bureau
Share
SHARE

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.   

Share This Article
Twitter Email Copy Link Print
Previous Article Mamata Banerjee’s Take on Rahul Gandhi’s Video Sparks Debate
Next Article New Laws: Death for Lynching, Suicide Decriminalized

Your Trusted Source for Accurate and Timely Updates!

We're committed to providing accurate and unbiased news as it unfolds, earning the trust of a large audience. Stay informed with our news updates on the latest events and trends, keeping you ahead of the curve.
FacebookLike
TwitterFollow
InstagramFollow

Popular Posts

Vivo V23 New Slimmest Series Creates Big Excitement for Price and more

Vivo V23 New Slim series of phones launched today has created a big excitement not…

By TheNewsFacts

‘Let’sVote’ Kicks Off Democracy Run to Raise 2024 Voter Turnout in Hyderabad

April 20, 2024: To boost voter awareness and raise voter participation in the Lok Sabha…

By TheNewsFacts

NSDC Report 2024: 70.5% Placements in Desired Sectors Post-PMKVY Training

August 6, 2024: According to a recent report released by the National Skill Development Corporation…

By TheNewsFacts

You Might Also Like

Meenakshi Alternates
BusinessLatest News

Meenakshi Group Unveils Rs. 700Cr “Meenakshi Real Assets Fund”

By NewsFacts Bureau
Bhool Chuk Maaf Box Office Report
Latest News

Bhool Chuk Maaf Crosses ₹54 Cr Globally in 7 Days

By NewsFacts Bureau
Bharat Biotech HILLCHOL
Latest News

Bharat Biotech’s Oral Cholera Vaccine HILLCHOL Demonstrates Success in Phase III Clinical Studies

By TheNewsFacts
Biovet Lumpy Skin Disease Vaccine Launched
Latest News

BIOLUMPIVAXIN: New Vaccine Now Available to Protect Livestock from LSD

By NewsFacts Bureau
thenewsfacts thenewsfacts

About US


TheNewsFacts: Brings you the interesting facts, news facts and updates from India an the world across politics, tech, entertainment, business, tending, and more. We deliver what you love to read.
Top Categories
  • Latest News
  • Trending News
  • Paris Olympics 2024
  • Sports
  • Entertainment
  • Business
  • Technology
Usefull Links
  • About The News Facts
  • Latest News
  • Privacy Policy
  • Editorial Policy
  • Disclaimer
  • Contact Us
Follow us
Facebook Twitter Instagram

© thenewsfacts. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?