ILT20 Season 4 Auction: All you need to know

Dubai Capitals. (Photo Source: ILT20)

The much-anticipated ILT20 Season 4 Player Auction will be held in Dubai on Wednesday, October 1, at the Four Seasons Hotel, Jumeriah Beach. The auction will bring together all six franchises as they look to complete their squads for the upcoming season, following their retention picks that were announced in July. The event will be the ILT20’s first Player Auction, a landmark moment in the league’s journey.  

Auction rules

Each franchise will have a purse of USD 800,000 to spend at the auction plus whatever spend remains unutilised from the USD 1.2M that was available for direct signings and retentions.  

At the end of the auction, each franchise must have spent a minimum of USD 1.5 million and a maximum of USD 2 million. They may also spend an additional USD 250,000 on as many as two Wildcard players outside the auction. 

All franchises must have a minimum of 19 players and a maximum of 21 players by the end of the auction (excluding Wildcards). Within this there must be a minimum of 11 players from ICC Full Member countries, four from UAE, one from Kuwait, one from Saudi Arabia and two from other ICC Associate Nations. 

Player registration  

The minimum base price for all players is USD 10,000. Players may also have a base price of USD 40,000 or USD 80,000.  

The ILT20 player registrations were completed between July and September. Basis franchises’ interest, the final list of available players will be circulated to them prior to the auction. 

If a player is injured, receives an international call up or does not receive an NOC, they may be replaced at any time until the end of the league phase of ILT20 Season 4. Replacement players do not need to have been featured in the player auction. 

Auction mechanics  

Players will be allocated sets on account of status (i.e. Full member/Associate Player/UAE Player/Kuwait Player/Saudi Arabia Player) and specialisation.  ILT20 may at its discretion determine to group players by whether they are capped or uncapped and may include a marquee set(s). Full member players will be drawn first.  

Within the sets, players will be drawn at random, and the auctioneer will read out the player’s name and his base price. The auctioneer will then invite bids until there are no further bids. Following the conclusion of all sets, if franchises still have room in their squad, they may request players who have not been signed to return to the auction (Accelerated Rounds).  

Once all franchises have spent their minimum total spend and have fulfilled their minimum quotas for each type of player and do not wish to sign any more players, the auction will be concluded.  

UAE Player Right to Match  

Franchises can exercise one Right to Match option for a UAE Player that has been in their development squad or has played for them in ILT20 Season 3. This can only be used once in the auction. Only UAE Players are eligible for the Right to Match option.