The fees for the Under-19 players have been fixed across the board at USD 30,000 for this year, ending all speculation about whether the players will be auctioned in a manner similar to the seniors.
''The U-19 selection will be based on the draft system based on leagues like US NFL system,'' Lalit Modi, chairman of the DLF Indian Premier League said.
''This year, since, we do not have a ranking, it will be a draw of lots. From next year the team's ranking will be based on the first year's performance,'' he added.
IPL CEO Sundar Raman, explaining the process, said ''The franchises will be allotted numbers, from 1 to 8, at random on the basis of lots, and the players will be ranked by the IPL governing council. The franchise assigned the number 1 will get the chance to pick any player of their choice and then the second franchise can select their player and so on.