The modified Right-to-Match (RTM) rule significantly influenced the auction dynamics this year. Here are some key numbers.
The two-day Indian Premier League (IPL) mega auction, held in Jeddah, Saudi Arabia, witnessed a record-breaking windfall, with Rs 639.15 crore spent during the proceedings. Rishabh Pant (Rs 27 crore) and Shreyas Iyer (Rs 26.75 crore) emerged as the league’s most expensive players, while the number of successful Rs 10 crore-plus bids doubled from the last auction. A total of 21 players were sold for Rs 10 crore or more, compared to just 11 during the previous mega auction in 2022.
The modified Right-to-Match (RTM) rule significantly influenced the auction dynamics. Under this rule, the highest bidder had the option to escalate their bid to an amount of their choice, allowing the previous franchise to match it. Beneficiaries of this provision included Rishabh Pant, Arshdeep Singh, and Naman Dhir.
Highest…
Leave a reply