The number already seems crazy, furthermore, the original price he was listed for was 1.13M, 90% of the player's value, meaning the actual number should be higher. I believe the 1% is actually 1% of the previous highest bid. For example, the current highest bid is 20M, if you bid now, you will have to bid 20.2M. The bidding goes on til 25M, you will have to bid 25.25M, or 25.3M after you round it off.