The Indian Premier League (IPL) is gearing up for its mega auction, featuring a pool of 577 players. Teams, with a purse of ₹120 crore each, will vie to acquire top Indian and international stars. The auction allows for a maximum of 25 players per...
By ET Bureau |
IANS
For the second year in a row, the auction is being held overseas. Dubai hosted it last year.
Here's everything you need to know about the mega IPL auction.
What is 'mega auction'?
It happens every three years. The IPL franchises are allowed to retain only a few players — a maximum of six this time — and the rest go into a big auction pool. In other years, there are mini auctions where teams can retain as many players as they like. How many players are there in the auction pool this time? 577 players — 367 Indians and 210 overseas
Who are the big names?
There are plenty. Among the Indian players, there's Shreyas Iyer, Rishabh Pant, Ishan Kishan, R Ashwin, Arshdeep Singh, Yuzvendra Chahal, KL Rahul, Mohammed Shami, Mohammed Siraj, Venkatesh Iyer, Bhuvneshwar Kumar, Krunal Pandya, Washington Sundar, and many others. The overseas list includes Jos Buttler, Kagiso Rabada, Mitchell Starc, Liam Livingstone, David Miller, David Warner, Glenn Maxwell, Faf du Plessis, Tim David, Rachin Ravindra, Quinton de Kock, Marcus Stoinis, Jonny Bairstow, and many more.
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How much money can teams spend and how many slots are available?
Each team has a total purse of `120 cr but some of that has already been spent on players retention. A squad can have a maximum of 25 players and minimum 18. So, a maximum of 250 players in total. 46 players, including 10 overseas, have already been retained by the teams, leaving a maximum of 204 slots to fill during the auction. Also, no squad can have more than 8 overseas players.
What is RTM?
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RTM stands for Right to Match. The teams were allowed to retain up to 6 players — of which a maximum of 5 can be capped and 2 can be uncapped — either before the auction or by using the RTM options at the auction, or a combination of both.
How does it work?
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A franchise has the option to buy back a player who was part of their squad in the last season by match the highest bid by another franchise. However, the franchise that made the winning bid will get one more chance to raise the bid to whatever amount they wish. In that case, the player's previous team will have to either match the increased bid or let the player go.
