IPL hikes minimum auction reserve price for players
The IPL Governing Council has increased minimum auction reserve price for players ahead of the 2018 season. The reserve price for uncapped players was escalated from â¹10 lakh, â¹20 lakh, and â¹30 lakh to â¹20 lakh, â¹30 lakh, and â¹40 lakh respectively. For the capped, new reserve prices are â¹50 lakh (previously â¹30 lakh) and â¹75 lakh (previously â¹50 lakh).