The IPL season is back and it promises to be as exciting as ever, despite the COVID-19 scare refusing to bid farewell from peoples’ lives. With the 15th season of India’s lucrative league just around the corner, as many players have reportedly registered themselves for the imminent auction
The list comprises 270 capped players, 903 uncapped, and as many as 41 players from Associate nations like the Netherlands, Oman, UAE, Scotland, and Nepal.
As per Cricbuzz, at least 200 players (off 1,214) are likely to go under the hammer at the auction table, if the ten franchises were to have the maximum permissible number of 25 players in their squad. While the fate of the players rests on the franchises, a total of 49 players have put themselves in the highest base price amount bracket of INR 2 Crore, which includes 17 Indians and 32 Overseas Cricketers.
The players are bought for three years for the amount paid during the auction. That means the player gets the auction price every year. For example, if a player is bought in the auction for INR 3 Crore, the said franchise pays him INR 3 Crore every year for the next 3 years.
The amount paid to the players is based on their availability for the matches. If a player was available for all the IPL matches, then that player is eligible for the full amount. If the players were not available for some matches, then they are paid on a pro-rata basis.
Yes If a player is bought in the auction for INR 5 Crore, the said franchise pays him INR 5 Crore every year for the next 3 years
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Players are paid in full for the season regardless of how many matches they play, as long as they remain with the team for the entire season.However, if they leave the games mid-season, they will be paid on a proportional allocation basis. Similarly, if the player pulls out before the season begins, he is not paid any amount.
Yes Players get paid every year till they stay in IPL, but if Bo leaves IPL, he will not get full payment
No Let us tell you that when the auction takes place, the TDS charge is also deducted in the amount of money received by the Indian players in the form of an auction. Indian players are charged 10% TDS of the total bid amount while the foreign players have to pay 20% TDS on the amount. TDS is calculated on the basis of auction money only..