The most important question ahead of tomorrow's IPL auction is: If there are equal bids for a player, how do you break the deadlock?
Theu00a0most important question ahead of tomorrow's IPL auction is: If there are equal bids for a player, how do you break the deadlock?
After weeks of uncertainty, the league has finally devised a 'silent tiebreaker bid' that, according to the organisers, would end the impasse.
The proposal, though, has met with objections from various franchises.
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The franchise would have to put in a separate, additional bid u2014 to which there will be no cap u2014 to break the tie.
Whoever submits the higher additional bid then, will get the player.
However, the controversial part is that the additional amount would go to the IPL and not the player.
To simplify the new rule: take an example where two teams are bidding for a player at $500,000.
Both would then be asked to submit a fresh bid. In case one of the two submits a new bid of $700,000, the player still receives $500,000 and the additional $200,000 goes to the IPL.
Understandably, the franchises are reluctant to shell out more money, especially when they know the investment would last only till the end of the year.
The proposal was suggested to the franchises on Saturday but most of them objected because they strictly do not want to spend more than the $750,000 purse available to them for the auction on January 19.
"Most of the franchises are not at all happy with it and objected to the proposal on the basic principle that the sanctity of the purse must be protected," a franchise official said.
According to him, the IPL is violating the original cap and he felt the bid amount should not exceed the purse available.
His suggestion, echoed by few other franchises, to resolve the issue was that there should be a lucky draw. " If there are equal competing bids, then you do draw lots," he said.
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