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The second IPL auction for foreign players took place in Mumbai on 11 March 2008. 26 players including unsold players from auction-1 signed up for the auction. The base price was set at US$ 50,000. [ 10 ] [ 11 ] 14 players were sold in the auction.
The auctions for team ownership was held on January 24, 2008. Mumbai was the most expensive team, costing over US$ 111.9 million. [5] For the inaugural IPL season, each team had a salary cap of US$5 million (Rs. 20 crore approx.). Sachin Tendulkar, Sourav Ganguly, Rahul Dravid, Yuvraj Singh and Virender Sehwag were classified as icon players ...
The salary cap of the entire squad ... While they had been selected by several teams for the inaugural IPL season (2008), ... Women's Premier League – Women’s T20 ...
The auction price represents the player's salary. ... India cricket officials decided to launch a home T20 league in 2008. IPL teams are based on states or cities. What is the IPL auction?
IPL was established in 2008 [6] and currently consists of ten teams in ten cities across India. The inaugural IPL season was won by Rajasthan Royals. [10] As of 2024, there have been seventeen seasons of the IPL tournament. [11] [12]
The cap was set at A$1.25 million for 1987–1989 as per VFL agreement, with the salary floor set at 90% of the cap or $1.125 million; the salary floor was increased to 92.5% of the cap in 2001, and to 95% of the cap for 2013 onwards due to increased revenues.
Salary Cap of Retained Players (For Existing Franchises) And Picks (For New Franchises) [6] [7] No. of players retained Salary Cap for retentions Total amount to be spent Player 1 Player 2 Player 3 Player 4 4 ₹ 16 crore (US$1.9 million) ₹ 12 crore (US$1.4 million) ₹ 8 crore (US$940,000) ₹ 6 crore (US$700,000) ₹ 42 crore (US$4.9 million) 3
The Orange Cap, currently known as the Aramco Orange Cap for sponsorship reasons, [1] is presented to the leading run scorer in the Indian Premier League (IPL). [2] [3] It was introduced on 25 April 2008, a week after the start of the inaugural season of the IPL. The batsman with most runs in the tournament during the course of the season would ...