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Reverse bidding News

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