Players finally going under hammer for IBL on Monday

The franchises will have a spending limit of Rs.1.5 crore each to buy a team comprising of six Indians, four foreigners and one junior Indian player for the Aug 14-15 tourney.

updated: July 21, 2013 16:28 IST
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New Delhi: After much speculation and suspense, the Indian Badminton League (IBL) will finally get cracking with players going under the hammer here on Monday.

There have been serious doubts over the inaugural edition of the league, a clone of the highly successful Indian Premier League (IPL), when the players’ auction got postponed not once but thrice. Scheduled in March, the auction was first postponed to June 30 and then to July 19 before settling for Monday.

Following cricket, hockey and boxing, badminton too jumped into the business of city-based franchise leagues with IBL, touted as the world's richest tournament having a purse of $1 million.

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