Indian Premier League's Chief Operating Officer (COO) Hemang Amin has indicated that BCCI is thinking of brining in player draft system in place of bidding for uncapped players.
“Going forward, the thinking is that we will reduce, may be not have mega auctions, but consider having draft system for new players to come in, which acts as feeder system to teams," Amin told reporters.
"Hence, IPL GC are thinking on the lines of how to cut down on the big auction and have the continuity with teams. This time also we had big auctions after four years because we had new two temporary teams and tat is why we extended the player regulation by one year and had the players auction after four years," the COO said.
A draft is a procedure used in some countries and sports to assign certain players to teams. In a draft, teams take turns selecting from a group of eligible players. When a team selects a player, the team receives exclusive rights to sign that player to a contract, and no other team in the league may sign the player.
This system is prevalent in US sporting system. Last year, even the Indian Super League (ISL) used the draft system for their players.
IPL auctioneer Richard Madley called the IPL auction system, the most transparent system ever; albeit also calling it non-glamorous.
"It is unique in the fact that the base prices are revealed that does not happen in any other auctions. So, when you go through accelerated process and re-accelerated process, the entire process is incredibly open," he said. The other way of focussing is to charge an entry fee from players to participate in the auction and return it if they get picked up”, Madley said.
Hemang said compared to 2014 auction, they have tried to reduce the unsold players, from 200 to 50 to 60 players, in this year's auction.
"If you compare the 2014 auction, we had presented around 320 players, which went in acceleration process. This time we have taken learning's from previous years. When you compared it to 2014 auction, as many as 200 players went unsold. This time, 50 or 60 players went unsold ... So, we have tried to reduce unsold players," he said.
"About Rs 12 crore were saved by the franchises. About Rs 628-Rs 629 crore were spent in IPL auction. Out of Rs 640 crore spending cap on franchisees, Rs 197 crore had already been spent on earlier retention of players," Amin said.
IPL Chairman Rajiv Shukla said as many as 169 players were sold, out of which 113 were Indians and 56 foreigners. Shukla said. "This is a very good development. One player from Nepal (Sandeep Lamichhane) and four from Afghanistan were picked up," he added.