IPL 2021 AUCTION: All you need to know

The Cricketer provides all the information as the eight sides look to complete their squads ahead of the 14th edition of the competition...

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When does the auction take place?

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.

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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.

Chennai Super Kings

Overseas slots: 1

Total slots: 7

Budget: 22.9 crore (£2,507,229)

Delhi Capitals

Overseas slots: 2

Total slots: 6

Budget: 12.9018 crore (£1,413,113)

Punjab Kings

Overseas slots: 5

Total slots: 9

Budget: 53.2 crore (£5,825,493)

Kolkata Knight Riders

Overseas slots: 2

Total slots: 8

Budget: 10.75 crore (£1,177,716)

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Mumbai Indians

Overseas slots: 4

Total slots: 7

Budget: 15.35 crore (£1,680,000)

Rajasthan Royals

Overseas slots: 3

Total slots: 8

Budget: 34.85 crore (£3,815,597)

Royal Challengers Bangalore

Overseas slots: 4

Total slots: 13

Budget: 35.7 crore (£3,910,584)

Sunrisers Hyderabad

Overseas slots: 1

Total slots: 3

Budget: 10.75 crore (£1,177,524)

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Which players are available?

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 7: Ayush Badoni (20 L), K Gowtham (20 L), Venkatesh Iyer (20 L), Shahrukh Khan (20 L), Ripal Patel (20 L), Atit Sheth (20 L), Vivek Singh (20 L)

Set 8: Mohammed Azharuddeen (20 L), Avi Barot (20 L), Kedar Devdhar (20 L), Sheldon Jackson (20 L), Vishnu Vinod (20 L)

Set 9: Tushar Deshpande (20 L), Riley Meredith (AUS, 40 L), Lukman Hussain Meriwala (20 L), Ankit Singh Rajpoot (30 L), Chetan Sakariya (20 L), Kulkeep Sun (20 L), Mujtaba Yousuf (20 L)

Set 10: Tejas Baroka (20 L), K.C. Cariappa (20 L), Sandeep Lamichhane (NEP, 40 L), M Siddharth (20 L), Karanveer Singh (20 L), Jagadeesha Suchith (20 L), Midhun Sudhesan (20 L)

Set 11: Corey Anderson (NZ, 75 L), Darren Bravo (WI, 75 L), Devon Conway (NZ, 50 L), Martin Guptill (NZ 50 L), Shaun Marsh (AUS, 1.5 Cr), Rovman Powell (WI, 50 L), Cheteshwar Pujara (50 L), Rassie van der Dussen (SA 50 L)

Set 12: Tom Curran (ENG, 1.5 Cr), Ben Cutting (AUS, 75 L) Moises Henriques (AUS, 1 Cr), Kyle Jamieson (NZ, 75 L, Marnus Labuschagne (1 Cr), Pawan Negi (50 L), Gurkeerat Singh (50 L)

Set 13: Varun Aaron (50 L), Jason Behrendorff (1 Cr), Mitchell McClenaghan (NZ, 50 L), Naveen Ul Haq (AFG 50 L), Mohit Sharma (50 L), Billy Stanlake (AUS, 1 Cr), Oshane Thomas (WI, 50 L)

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Set 14: Finn Allen (NZ, 20 L), Harprett Bhatia (20 L), Shivam Chauhan (20 L), Naushad Shaikh (20 L), Pratham Singh (20 L), Apoorv Wankhade (20 L)

Set 15: Atharva Ankolekar (20 L), Prayas Barman (20 L), Rojith Ganesh (20 L), Sumit Kumar (20 L), Akshdeep Nath (20 L), Pradeep Sangwan (20 L), Jalaj Saxena (30 L), Karan Sharma (20 L), Utkarsh Singh (20 L), R.Sonu Yadav (20 L)

Set 16: Dhruv Jurel (20 L), Arun Karthick (20 L), Nikhil Naik, (20 L), Smit Patel (20 L), KL Shrijith (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)

Set 23: Tajinder Dhillon (20 L), Pankaj Jaswal (20 L), Khrievitso Kense (20 L), Prerak Mankad (20 L), Shams Mulani (20 L), Ansh Patel (20 L), Suyesh Prabhudessai (20 L), Parth Sahani (20 L), Ankit Sharma (20 L), Dhruv Shorey (20 L)

Set 24: K.S. Bharat (20 L), Josh Inglis (AUS, 20 L), Aryan Juyal (20 L), Sadiq Kirmani (20 L), Rohit Sharma (20 L), Sandeep Kumar (20 L)

Set 25: Stephen Cheepurupalli, (20 L), Aniket Choudhary (20 L), Mukesh Choudhary, Nathan Ellis (AUS, 20 L), Sayan Ghosh, (20 L), Ronit More, M Nidheesh (20 L), M.Harisankar Reddy (20 L), Simarjeet Singh, Kuldip Yadav (20 L)

Set 26: Zeeshan Ansari (20 L), Nayan Doshi (ENG, 20 L), Jon Russ (WI, 20 L), Kevin Koththigoda (SL, 20 L), Tanveer Sangha (AUS, 20 L), Maheesh Theekshana (SL, 20 L), Vijayakanth Viyaskanth (SL, 20 L)

Set 27: Lewis Gregory (1.5 Cr), Wanindu Hasaranga (SL, 50 L), Karim Janat (AFG, 50 L), Scott Kuggelejin (NZ, 50 L), James Neeshan (NZ, 50 L), Wayne Parnell (SA, 50 L), Keemo Paul (WI, 75 L)

Set 28: Dushmanta Chameera (SL, 50 L), Fidel Edwards (WI, 75 L), Beuran Hendricks (SA, 50 L), Abhimanyu Mithun (50 L), Reece Topley (ENG, 50 L), Hardus Viljoen (SA, 50 L), Neil Wagner (NZ, 50 L)

Set 29: Max Bryant (AUS, 20 L), Arman Jaffer (20 L), Saahil Jain (20 L), Subhrandshu Senapati (20 L), Ravi Thakur (20 L), Jake Weatherald (AUS, 20 L)

Set 30: Shubham Agrawal (20 L), Rajjakuddin Ahmed (20 L), Baba Aparajith (20 L), George Garton (ENG, 20 L), Chris Green (AUS, 30 L), Kartik Kakade (20 L), Shoai Khan (20 L), Dhruv Patel (20 L), Latest Kumar Patel (20 L), Arjun Tendulkar (20 L)

Set 31: Varun Choudhary (20 L), Prathamesh Dake (20 L), Baltej Dhanda (20 L), Brendan Doggett (AUS, 40 L), Sarubh Dubey (20 L), Fazalhaq Farooqi (AFG, 40 L), Matt Kelly (AUS, 20 L), Chama Milind (20 L), Jayden Seales (WI, 20 L), Mark Steketee (AUS, 40 L), Tanveer ul Haq (20 L)

Set 32: Carlos Brathwaite WI, 50 L), Rishi Dhawan (50 L), Mohammad Mahmud Ullah (BAN, 75 L), Andile Phehlukwayo (SA, 50 L, Sherfane Rutherford (WI, WI, 75 L), Dasun Shanaka (SL, 50 L), Isuru Udana (SL, 50 L)

Set 33: Jacob Duffy (NZ, 50 L), Daryn Dupavillon (SA, 50 L), Shannon Gabriel (WI, 50 L), Morne Morkel (SA, 1.5 Cr), Joel Paris (AUS, 50 L), Blair Tickner (NZ, 50 L)

Set 34: Subodh Bhati (20 L), Jay Bista (20 L), Aamir Gani (20 L), Karanveer Kaushal (20 L), Anustup Majumdar (20 L), Dikshanshu Negi (20 L), Kshitiz Sharma (20 L), Shubham Singh, Shashank Singh (20 L), Milind Tandon (20 L)

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Set 35: Ravi Bopara (ENG, 50 L), George Linde (SA, 50 L), Kyle Mayers (WI, 50 L), Daryl Mitchell NZ, 50 L), Colin Munro (NZ, 50 L), Dwaine Pretorius (SA, 50 L), Romario Shepherd (WI, 50 L)

Set 36: Sandeep Bavanaka (20 L), Chatanya Bishnoi (20 L), Arun Chaprana, Yudhvir Charak (20 L), Ajay Dev Goud (20 L), Umran Malik (20 L), Ravi Teja Telukupalli (20 L), Tanay Thyagarajan (20 L), N.Tilak Varam (20 L), K.Bhagath Varma (20 L)

Set 37: Stuart Binny (20 L), Hilton Cartwright (AUS, 20 L), James Faulkner (AUS, 20 L), Akeal Hoesin (WI, 20 L), Parvez Rasool (20 L), David Wiese (SA, 20 L), Jack Wildermuth (AUS, 20 L)

Set 38: Arshdeep Brar (20 L), Digvijay Deshmukh (20 L), Aakarshit Gomel (20 L), Shubhang Hegde (20 L), Anirudha Joshi (20 L), Azim Kazi (20 L), Rahul Singh (20 L), Ajay T (20 L), Harsh Tyagi (20 L)

Set 39: Nachiket Bhute (20 L), Josh Clarkson (NZ, 20 L), Gerald Coetzee (SA, 20 L), Tim David (AUS, 20 L), Deeparaj Ganokar (20 L), Aaron Hardie (AUS, 20 L), Marco Jansen (SA, 20 L), Nathan McAndrew (AUS, 20 L), M Mohammed (20 L), Govinda Poddar (20 L), Pratyush Singh (20 L), Jacques Snyman  (SA, 20 L)

How do I follow it?

Star Sports 1 will broadcast the auction in full for fans in India, with their coverage kicking off at 3pm local time.

Hotstar will also be streaming the entire process.

In the UK, Sky Sports Cricket (Sky 404, Virgin 514/504, BT TV 496, TalkTalk 405) will show the auction from 9am GMT. It can also be streamed via Sky Go.

The Cricketer will provide live coverage of the auction via its live blog and social media channels.

When does the IPL start?

The 14th IPL is expected to return to its regular slot in April and May followed last year's delayed competition was moved to September, October and November.

The BCCI remain hopeful the tournament will return to India after being played in the UAE last year. However, the start date and fixtures are yet to be confirmed.

Our coverage of the IPL is brought to you in association with Dafabet India. For more on Dafabet and to place a bet, click here

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