ILT20 Season 5 Auction: What is the base price for players?
Dubai: The DP World ILT20 Season 5 Player Auction will take place in Dubai on October 1, with more than 400 players from 23 countries registered for a place in the six franchises. The auction will be held at the ICC Academy Indoors from 1pm GST. Each franchise will enter with a base purse of $1.3 million (Dh 4.77 million), plus any money left from the $700,000 (Dh 2.57 million)) allocated for…
The DP World ILT20 Season 5 Player Auction will occur in Dubai on October 1. Over 400 players from 23 nations have registered for the competition's six franchises. Each franchise comes with a base purse of $1.3 million, with additional funds from pre-auction signings up to $700,000. Teams are obligated to spend at least $1.3 million and can spend up to $2 million.
A wildcard signing after the auction is also permitted for a maximum fee of $200,000. The franchises with the largest purses are MI Emirates ($1.39 million) and Abu Dhabi Knight Riders ($1.365 million). The other franchises each have a $1.3 million purse. Players are divided into three base-price categories: $80,000, $40,000, and $10,000.
Players from UAE, Kuwait, and Saudi Arabia all have a $10,000 base price. The ILT20 Season 5 will be played from November 21 to December 20 at Zayed Cricket Stadium in Abu Dhabi, Dubai International Cricket Stadium, and Sharjah Cricket Stadium.
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