Cricket bidding refers to the process of auctioning players for professional cricket leagues, such as the Indian Premier League (IPL). Teams bid on players to secure their services for a specific season, with the highest bidder winning the player. This system allows franchises to build competitive teams while also providing players with lucrative contracts. During the auction, teams have a set budget and must strategize to acquire the best talent within their financial limits. The bidding process is often fast-paced and competitive, with franchises raising paddles to signal their interest in players, leading to exciting moments for fans and stakeholders alike.