For the Indian Premier League IPL auctions, the stump price represents the base amount that determines the bottom limit of player purchases. Each player possesses a specific minimum auction value from which the participating teams can start making their bids. The stump price operates as the lowest limit for purchasing a player, which safeguards their base worth.

The player, together with their representatives, establishes stump prices before an auction takes place. A player establishes his lowest seasonal compensation, which forms the base level for team bidding during the IPL auction.

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