This year's IPL auction takes place in Chennai on Thursday, February 18 at 3pm local time (9:30am GMT). Follow it live by clicking below.
How does it work?
Each of the eight IPL franchises are permitted to have no more than 25 players in their squad, but at least 18, with the auction providing the opportunity to fill their roster as they wish. They are limited to eight overseas players in total.
Following the conclusion of the delayed 2020 edition in the United Arab Emirates, teams have revealed their retained and released lists for the 14th campaign. In all, there are 61 berths available across the eight teams.
During the auction process, teams will be asked to match the reserve price of each player before a bidding process takes hold. The individual will then join the side with the highest unchallenged offer.
What are the teams and what are their budgets?
Though this year's auction is expected to be a scaled-down version from previous editions, due to the short turnaround, there are still plenty of gaps to fill.
Unlike previous years, franchises do not have any additional cash to complete their squads, Instead, they must use the money freed up by their departures to complete the lines-ups.
Royal Challengers Bangalore have 13 total slots to fill after allowing the likes of Chris Morris and Aaron Finch to depart in the off-season.
But the team to keep an eye on will be Punjab Kings, who have both the biggest budget available and the most overseas spaces.
They allowed Glenn Maxwell, Sheldon Cottrell and Hardus Viljoen, among others, to leave before the deadline to confirm their squad and will be extremely busy come February 18.
Of the 1114 players who originally submitted themselves for the IPL auction, the list has been reduced to 292.
Eight players have been priced in the highest bracket of INR 2 crore. They are Harbhajan Singh, Kedar Jadhav, Glenn Maxwell, Steve Smith, Shakib Al Hasan, Moeen Ali, Sam Billings, Liam Plunkett, Jason Roy and Mark Wood
A dozen individuals have been priced at INR 1.5 crore, including Hanuma Vihari and Umesh Yadav.
In total, 164 of the players available are Indian, 125 are overseas while there are three associate players involved. The sets, players and their reserve prices for the auction are as follows:
Set 1: Aaron Finch (AUS, 1 Cr), Alex Hales (ENG, 1.5 Cr), Evin Lewis (WI, 1 Cr), Karun Nair (50 L), Jason Roy (ENG, 2 Cr), Steve Smith (AUS, 2 Cr), Hanuma Vihari (1 Cr)
Set 2: Shakib Al Hasan (BAN, 2 Cr L), Moeen Ali (ENG, 2 Cr), Shivam Dube (50 L), Kedar Yadav (2 Cr), Dawid Malan (ENG, 1.5 Cr), Glenn Maxwell (2 Cr), Chris Morris (75 L)
Set 3: Sam Billings (ENG, 2 Cr), Alex Carey (AUS, 1.5 Cr), Kusal Perera (SL, 50 L), Glenn Phillips (NZ, 50 L)
Set 4: Sheldon Cottrell (WI, 1 Cr L), Nathan Coulter-Nile (AUS 1.5 Cr), Adam Milne (NZ, 50 L), Mustafizur Rahim (BAN, 1 Cr) Jhye Richardson (AUS, 1.5 Cr, Mark Wood (ENG, 2 Cr), Umesh Yadav (1 Cr
Set 5: Qais Ahmed (AFG, 50 L), Piyush Chawla (50 L), Mujeeb ur Rahman (AFG, 1.5 Cr), Adil Rashid (ENG, 1.5 Cr), Rahul Sharma (50 L), Harbhajan Singh (2 Cr), Ish Sodhi (NZ, 50 L)
Set 6: Sachin Baby (20 L), Rahul Gahlaut (20 L), C Hari Nilshaanth (20 L), Rajat Patidar (20 L), Himanshu Rana (20 L), Himmat Singh (20 L), Vishnu Solanki (20 L)
Set 17: Wesley Agar (AUS, 20 L), Vaibhav Arora (20 L), Akash Deep (20 L), Ben Dwarshuis (AUS, 30 L), Ali Khan (USA, 40 L), Kulwant Khejrollya (20 L), Arzan Nagwaswalle (20 L), G Periyasamy (20 L), Akash Singh (20 L), Prithviraj Yarra (20 L)
Set 18: Noor Ahmad (AFG, 20 L), Karthik Meiyappan (UAE 20 L), Prince Balwant Rai (20 L), Pardeep Sahu (20 L), Sagar Udeshi (20 L), Kushal Wadhwani (20 L), Akshay Wakhare (20 L)
Set 19: Fabian Allen (WI, 75 L), Dan Christian (AUS, 75 L), Colin de Grandhomme (NZ, 50 L), Liam Livingstone (ENG, 75 L), Thisara Perera (SL, 50 L), Mohammad Shaifuddin BAN, 50 L, David Willey (ENG, 1.5 Cr)
Set 20: Ben Duckett (ENG, 50 L), Rahmanullah (AFG, 50 L, Ben McDermott (AUS, 50 L, Matthew Wade (AUS 1 Cr)
Set 21: Sean Abbott (AUS, 50 L), Matt Henry (NZ, 50 L), Chemar Holder (WI, 50 L), Alzarri Joseph (WI, 50 L), Obed McCoy WI, 50 L), Liam Plunkett (ENG, 2 Cr), Tim Southee (NZ, 75 L)
Set 22: Rajesh Bishnoi (20 L), Abhimanyu Easwaran (20 L), Rohan Kadam (20 L), Amandeep Khare (20 L), Siddhesh Lad (20 L), Mohammed Taha (20 L)
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