what is sa20 auction

SA20 auction is an event where franchises bid for players to play in the SA20 competition, a new T20 league organized by Cricket South Africa and SuperSport. The first SA20 auction was held on September 19, 2022, in Cape Town, South Africa, where six franchises picked from a pool of 300 players, cut down from the initial list of 500. The auction was held to select players for the inaugural season of the SA20 competition, which is set to take place in 2024. The franchises had the option to retain, trade, or buy out players who were bought at auction in Season 1. The auction is expected to draw the whos who of world cricket, as players and fans from South Africa and across the world tune in to find out which team will pick which player.