Ahead of the IPL bidding wars that start on February 12 at 11 am, we take a look at what is left in the purses of the teams for the mega auction after the announcement of retentions in November.
To be sure, for retention and player auction, a budget of Rs 90 crore was allotted to each IPL team.
Moreover, a maximum of four players were allowed to be retained by the franchises. The two new teams – Gujarat Titans and Lucknow SuperGiants franchises – whose inclusion has made the 15th edition of the world's richest Twenty20 league a 10-team affair can pick three players ahead of the auction.
So, here’s a sneak peek at the auction kitties of the teams, from the smallest to the biggest purses:
Delhi Capitals: Rs 47.5 crore
This is the amount left in the purse of the team after it made the expensive retention of wicketkeeper Rishabh Pant at Rs 16 crore, kept Axar Patel for Rs 12 crore, Prithvi Shaw for Rs 7.5 crore and Anrich Nortje for Rs 6.5 crore.
Chennai Super Kings: Rs 48 crore
All-rounder Ravindra Jadeja is the most expensive retention for the defending champion CSK at Rs 16 crore. The team has retained three others: skipper MS Dhoni (Rs 12 crore), Moeen Ali (Rs 8 crore) and Ruturaj Gaikwad (Rs 6 crore).
Mumbai Indians: Rs 48 crore
This much remains after the team retained four players: captain Rohit Sharma being the most expensive pick at Rs 16 crore. Jasprit Bumrah was retained for Rs 12 crore, Suryakumar Yadav Rs 8 crore and Kieron Pollard Rs 6 crore.
Kolkata Knight Riders: Rs 48 crore
This team is also left with the same sum for auctions after it decided to keep four players: Andre Russell (Rs 12 crore), Venkatesh Iyer (Rs 8 crore), Varun Chakravarthy (Rs 8 crore) and Sunil Narine (Rs 6 crore).
Gujarat Titans: Rs 52 crore
This new team has chosen Rashid Khan, Hardik Pandya and Shubman Gill. Pandya will be captain.
Royal Challengers Bangalore: Rs 57 crore
This is the amount remaining in the auction warchest after the team retained only three players against the cap of four: Virat Kohli (Rs 15 cr), Glenn Maxwell (Rs 11 cr) and Mohammad Siraj (Rs 7 cr).
Lucknow SuperGiants: Rs 59 crore
This is the other new team in IPL this year which has picked KL Rahul, Marcus Stoinis and Ravi Bishnoi for its side.
Rajasthan Royals: Rs 62 croreThe team chose to keep Yashasvi Jaiswal for Rs 4 crore, India wicketkeeper Sanju Samson for Rs 14 crore and overseas player Jos Buttler for Rs 10 crore.
Sunrisers Hyderabad: Rs 68 crore
The franchise was left with the second biggest sum for the auctions after it retained Kane Williamson for Rs 14 crore, Abdul Samad for Rs 4 crore and Umran Malik for Rs 4 crore.
Punjab Kings: Rs 72 crore
The team made only two retentions – Arshdeep Singh for Rs 4 crore and Mayank Agarwal for Rs 14 crore – leaving it with the largest warchest for the auctions.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.