BCCI will address the pay disparity created by IPL mini-auctions
The Board of Control for Cricket in India has acknowledged the issue of pay disparity caused by the IPL mini-auctions and plans to implement a new policy to address it. This comes after the record-breaking purchase of Mitchell Starc for a whopping ₹24.75 crore in the last auction.
ArunDhumal, chairman of the IPL, stated in a recent interview that the BCCI is aware of the problem: “We have taken note of the pay disparity it creates. We will definitely conduct a review and come out with a new policy to address the issue.” He further revealed that discussions with franchises will take place before finalizing the revised policy.
While the BCCI is looking to address the pay disparity, a complete replacement of auctions with player drafts is not on the table. It’s more likely that a ceiling on individual player prices will be introduced.
The BCCI is closely monitoring the Indian media landscape’s evolution, as future IPL growth depends heavily on broadcast money. While Viacom 18 and Disney Star recently acquired IPL’s TV and digital rights, respectively, their impending merger presents new opportunities.