Bengaluru: Over 200 players will go under the hammer during the auction for the inaugural edition of Grand Prix Badminton League (GPBL) takes place here on Sundays.
GPBL has eight franchises – Bengaluru Lions, Mangalore Sharks, Mandya Bulls, Mysore Panthers, Malnad Falcons, Bandipur Tuskers, KGF Wolves and Kodagu Tigers.
Each team consists of a maximum of eight players each and must include one icon player, a minimum of two Tier-1 and Tier-2 players, as well as a minimum of two women players, including the icon category.
Each team has a star mentor including Kidambi Srikanth, Sai PraneethAshwini Ponnappa, Chirag Shetty, Satwiksairaj Rankireddy, HS Prannoy, PV Sindhu and Jwala Gutta.
“This is the first season and I believe there are a lot of talented players out there and every team would like to pick a balanced side,” said dual Olympic medalist Sindhu, who mentors Bengaluru Lions.
“To be honest, I have no hopes but I will guide and guide my team as much as possible and if we win, it will be a great start for the GPBL.”
Mithun Manjunath, Raghu MariswamiDaniel Farid, Sanith Dayanand, Prakash RajSai Prateek, Janani Ananthkumar and Tanya Hiremath have been given the status of icon players.
While the purse per team player will be maximum Rs 12 lakh, the base fee for icon players is Rs 2.5 lakh and the salary limit is Rs 3.5 lakh.
The minimum salary for Tier-1 players has been fixed at Rs 75,000, while the maximum limit is Rs 2 lakh. Tier-3 players will earn a minimum salary of Rs 25,000 and a maximum of Rs 50,000.
A total prize money of Rs 60 lakh is at stake with Rs 24 lakh for the winners, while the runner-up will get Rs 12 lakh.
The semi-finalists will get a check of Rs 6 lakh, while the fifth place team will get Rs 4 lakh.
The last three teams will get Rs 3 lakh, Rs 2 lakh and Rs 1 lakh respectively.
GPBL has eight franchises – Bengaluru Lions, Mangalore Sharks, Mandya Bulls, Mysore Panthers, Malnad Falcons, Bandipur Tuskers, KGF Wolves and Kodagu Tigers.
Each team consists of a maximum of eight players each and must include one icon player, a minimum of two Tier-1 and Tier-2 players, as well as a minimum of two women players, including the icon category.
Each team has a star mentor including Kidambi Srikanth, Sai PraneethAshwini Ponnappa, Chirag Shetty, Satwiksairaj Rankireddy, HS Prannoy, PV Sindhu and Jwala Gutta.
“This is the first season and I believe there are a lot of talented players out there and every team would like to pick a balanced side,” said dual Olympic medalist Sindhu, who mentors Bengaluru Lions.
“To be honest, I have no hopes but I will guide and guide my team as much as possible and if we win, it will be a great start for the GPBL.”
Mithun Manjunath, Raghu MariswamiDaniel Farid, Sanith Dayanand, Prakash RajSai Prateek, Janani Ananthkumar and Tanya Hiremath have been given the status of icon players.
While the purse per team player will be maximum Rs 12 lakh, the base fee for icon players is Rs 2.5 lakh and the salary limit is Rs 3.5 lakh.
The minimum salary for Tier-1 players has been fixed at Rs 75,000, while the maximum limit is Rs 2 lakh. Tier-3 players will earn a minimum salary of Rs 25,000 and a maximum of Rs 50,000.
A total prize money of Rs 60 lakh is at stake with Rs 24 lakh for the winners, while the runner-up will get Rs 12 lakh.
The semi-finalists will get a check of Rs 6 lakh, while the fifth place team will get Rs 4 lakh.
The last three teams will get Rs 3 lakh, Rs 2 lakh and Rs 1 lakh respectively.