For the two new teams, Sahara Pune Warriors and the Kochi franchise, this will be the first auction.
The IPL has been in the news for all the wrong reasons this last year, ever since former commissioner Lalit Modi’s famous tweet that led to former Union minister Shashi Tharoor’s exit from the cabinet and later sparked Modi’s own downfall.
But the IPL fraternity believes the fourth players’ auction, to be held at a five-star hotel in Bangalore on Saturday and Sunday, will once again revive the glamour and mystique of the tournament.
“There was no problem with the IPL brand as such,” B Vanchi, senior director and group advisor of GMR Holdings, owners of Delhi Daredevils, told HT after a meeting of the franchise representatives with IPL officials on Friday. “Every institution has occasional hiccups but when the foundations are strong, it comes out clean.”
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