Diabytes
IPL team bidding News
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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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21 companies bought the bid documents and the one with the lowest bid will be the winner.
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As per an interesting clause, the team with the lowest bid will have the first right to pick a player from the elite list of players from the two popular franchises.
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