The hammer is likely to go down on the new Indian Premier League (IPL) auctions - franchises and players - very soon in a manner very different from the pattern that the tournament has followed these last eight seasons, keeping the long-term valuation game in mind. The blueprint for the sale of two new franchises and 50-plus players - including those from Chennai Super Kings and Rajasthan Royals - is ready, waiting to receive the required ratification at the BCCI's Annual General Meeting (AGM) next month.
On Friday (30 October), TOI gathered exclusive details from those in the know of developments on how these processes are likely to work.
The two franchises will be sold only for a period of two years, following which they will have to exit IPL, when Super Kings and Rajasthan Royals are eligible to return to the tournament's fold. Every cricket venue across the country, barring the existing six franchise venues, will be available for the bidders to pick from. That in turn will allow the interim franchises the choice of picking Chennai and Jaipur too, given their exhaustive fan base. There will be a base price set for potential bidders to buy the interim franchises, where the idea of 'reverse bidding' will come into effect.
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