Bidding Rules
Each team will start the Auction with the their Nett Income remaining. Nett income is calculated by subtracting the total expenses from the total revenue generated. In short, the more contestants/managers spend initially, the less Nett income they'll have remaining for the Auction.
The players who are going under the bidding process will have a set base price which will be the beginning price for the auctioneers.
The players will be sorted into separate groups based on their role and split into groups. The auctioneer will announce the names of the players, and the teams will start bidding on them. Each cricketer will be bid based on their base price, and the bidding will continue till the auctioneer announces that the player is sold. A player will go unsold if no team bids for them. The auctioneer will give the contestants/managers an option of listing the unsold players they are interested in and will start the bidding for those players for a second time with the base price of the player slashed to half of the original price. If the players remain unsold for the second time, they will be considered unsold in the auction.
The Auction will be public.
Budget
Budget for every team is 20 Million$