The competition will start with a double round robin group stage, in which each of the 6 teams will play against every other team twice. These matches will followed by two semi-finals and a final.The Hon’ble President of the People’s Republic of Bangladesh Md Zillur Rahman will announce the launch of the first edition of the Bangladesh Premier League (BPL) T20. The President will inaugurate the tournament during the opening ceremony at the Sher-e-Bangla National Cricket Stadium on Thursday, 09 February. Shakib Al Hasan, the Bangladesh allrounder, fetched the highest price, going for $US 365,000. However, the amount was almost half of what Shahid Afridi, the former Pakistan captain, was sold for when the Twenty20 tournament was launched in February 2012. Imran Nazir, the Pakistani opener, was commanded the second-highest price tag, going for $US 280,000 with Afridi close behind at $US 275,000, while more than a dozen foreign players went for over $US 100,000.