The Hundred cricket competition is considering an IPL-style open auction, influenced by new investors seeking to enhance budgets to attract top global talent. Currently, players are drafted under strict salary caps, with recent increases still deemed inadequate by new stakeholders. The salary cap for the men's competition is significantly lower than IPL levels, which has led to concerns about competitiveness. A new committee will review player salaries and regulations, with decisions on alterations anticipated by September, amidst expectations for significant salary increases, though not reaching IPL standards.
The Hundred could introduce an IPL-style auction next year, driven by new investors advocating for unlimited budgets to attract top players.
New owners believe the current salary cap is insufficient, as top players like Jos Buttler earn more individually in IPL than whole Hundred franchises.
A committee will be formed to reassess player salaries and operational issues, with a decision on next year's draft format expected in September.
Despite rising salary expectations, it's unlikely the Hundred will match IPL pay levels due to budget constraints, though salaries are anticipated to increase significantly.
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