Reverse bidding News
The BCCI adopted a reverse-bidding process to select the two new teams to replace suspended CSK and RR.
According to the reverse bidding process, Pune have won the right to select the first player through BCCI's players draft system.
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.
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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