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Reverse bidding News

13 Dec 2015

Money Game: New franchises face big losses in cash-rich IPL

The BCCI adopted a reverse-bidding process to select the two new teams to replace suspended CSK and RR.

11 Dec 2015

Indian Premier League: Will MS Dhoni be first player to be picked on December 15?

According to the reverse bidding process, Pune have won the right to select the first player through BCCI's players draft system.

10 Dec 2015

Reverse bidding: Read how BCCI got richer by over 300 crores through this unique process!

The BCCI is all set to get some mega bucks of approximately Rs 332 crores for two years after the Indian Premier League served as a source for this feature.

Reverse bidding

08 Dec 2015

What is reverse bidding and how will it benefit the BCCI, affect new franchises?

IPL chairman Rajeev Shukla earlier said that the base price for the reverse bid from the central revenue pool is Rs 40 crore.

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