2016 will see MPL have 6 brand new captains for the first time with no retained players. To help the captains, MPL will have it first ever VIRTUAL AUCTION for Vice-Captain/Mentor/Guru.
Here are the rules for the Virtual Auction:
- Based on the FB poll results for Vice Captains, a Vice Captain Player pool will be created consisiting of all players that receive more than a single vote in the poll.
- Players from the Vice Captain pool will be presented one by one (most popular first) for auction for a period of 24 hrs (Starting Monday, 5/9/2016 7PM ). Every 24 hours a new player will be presented till all the teams have acquired a player.
- Each captain can only acquire a single player in this virtual auction. Once a captain has acquired a player he is out of bidding for the remaining players.
- The cost of the player will be deducted from the Captain purse. Each captain will start with a purse of $101 to compose a squad. The average stock price of the captain WILL BE deducted from this purse. (Raghuvir will post the actual balance available to each captain)
- Bidding Rules:
a) A captain bids on the player by adding a new comment to the post. (All bids are binding)
b) If a captain is not interested in a player, he can pass on the player by either explicitly commenting or not commenting at all.
c) If a player is passed by all the captains, he is taken out of the Vice Captain Pool.
d) Bidding for the player starts at $1
e) Captain with the highest bid at the end of the 24 hrs will get the player.
e) Kunal (Auctioneer-in-chief) rulings are final.
f) Once 5 out of the 6 captains have acquired their players, the last captain will be able to select any player still available in the Vice Captain pool for a cost of the average stock price of the player. (Raghuvir – will provide the average stock prices of all players in the Vice Captain pool by Monday 5 PM).
(46)