The Indian Premier League (IPL) 2024 participant public sale is all set to happen on December 19 in Dubai. A complete of 333 cricketers will go beneath the hammer. 214 of that are Indians and 119 are abroad gamers of which 2 are from affiliate nations. The checklist has 116 capped gamers, 215 uncapped gamers and a couple of gamers from affiliate nations. Gujarat Titans will enter the public sale with the very best remaining purse whereas Lucknow Super Giants have the bottom cash left for the occasion.

Here is a take a look at the remaining purse of all the ten franchises – Gujarat Titans (Rs 38.15 crore), Sunrisers Hyderabad (Rs 34 crore), Kolkata Knight Riders (Rs 32.7 crore), Chennai Super Kings (Rs 31.4 crore), Punjab Kings (Rs 29.1 crore), Delhi Capitals (Rs 28.95 crore), Royal Challengers Bangalore (Rs 23.25 crore), Mumbai Indians (Rs 17.75 crore), Rajasthan Royals (Rs 14.5 crore) and Lucknow Super Giants (Rs 13.15 crore).

Before the mini-auction in Dubai begins, let’s take a look at one lesser-known rule – the silent tie-breaker bid.

What is a silent tie-breaker bid?

With the franchises having small purse remaining, likelihood is excessive that two or extra sides might find yourself on a tied bid for a participant and fail to go additional as a result of lack of fund. In this case, the tie-breaker bid will likely be introduced in motion to resolve the facet who will bag the providers of the participant.

How does the silent tie-breaker bid work?

The franchises, who put a joint last bid for a sure participant, should submit a silent written bid on a kind. The facet that guarantees to pay a better quantity in it’ll purchase the providers of the participant. The cash promised by the franchise on the shape could be paid by them to the Board of Control for Cricket in India (BCCI). This quantity will likely be along with the ultimate bid made by the franchise for the participant. However, the quantity paid by the franchise to the BCCI wouldn’t have an effect on its wage cap.

If the tie-breaker bids from the franchises are equal, the method will likely be repeated till a winner is determined.

Has the tie-breaker bid ever been utilized in IPL auctions?

In the 2010 IPL public sale, Kieron Pollard and Shane Bond have been bought to Mumbai Indians and Kolkata Knight Riders respectively by the tie-breaker bid.

In the 2012 public sale, Chennai Super Kings secured the providers of Ravindra Jadeja by this methodology.