Remaining Purse of Franchises

IPL Auction 2021 To Be Held on 18th February

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All About IPL Auction 2021

The 2021 IPL player auction will take place in Chennai on 18 February, the IPL Governing Council revealed on Wednesday with a tweet. The announcement comes after the meeting of the IPL Governing Council on January 6, where it was agreed that the tournament’s 2021 edition will remain an eight-team event. The first two tests are in Chennai and the last two in Ahmedabad, with the second test of the India-England series scheduled to end on February 17. February 18 provides the organizers with a day-long window to conduct the auction.

By the January 20 deadline, the eight franchises had revealed their list of retained and released players. However, it is not yet certain if the tournament will take place in India. At that meeting at the beginning of the year, the three-member Governing Council, headed by Brijesh Patel, deliberated on the matter and kept their options open. It is understood that the UAE, where the 2020 edition was held, remained one of the options with the Covid-19 pandemic continuing to surge in India.

The IPL Governing Council has remained uncertain about whether to conduct matches on a home-and-away basis, which would mean having at least eight venues, with the pandemic throwing up challenges on a regular basis. The other alternative was to organize the tournament at a limited number of venues, which was also discussed last year before moving the tournament to the UAE, which would reduce team travel. Based on this system, India’s national T20 competition, the Syed Mushtaq Ali Trophy, is currently being held.

The February auction will be the first in which teams have no additional funds, which means that a host of big names have had to be released to boost their purses and free up their rosters. Steven Smith, last season’s captain of the Rajasthan Royals, who was released by the franchise, is the greatest of those names. Glenn Maxwell (formerly Kings XI Punjab), Chris Morris and Umesh Yadav (both Royal Challengers Bangalore), Kedar Jadhav (Chennai Super Kings), Nathan Coulter-Nile and James Pattinson (both Indians of Mumbai), Tom Banton (Kolkata Knight Riders), and Jason Roy (Delhi Capitals) will join Smith, who are some of the other high-profile names to be released into the auction pool.

A maximum of 25 players are allowed on their rosters: the Royal Challengers (13), the Kings XI (9), the Rajasthan Royals (8) and the Knight Riders (8) are the teams with the highest number of slots to fill as things stand, while at the moment the most complete roster is available for the Sunrisers Hyderabad (3).

Remaining Purse of Team:

  • Chennai Super Kings: 22.9 crore
  • Royal Challengers Bangalore: 35.7 crore
  • Rajasthan Royals: 34.85 crore
  • Kings XI Punjab: 53.2 crore
  • Mumbai Indians: 15.35 crore
  • Sunrisers Hyderabad: 10.75 crore
  • Kolkata Knight Riders: 10.85 crore
  • Delhi Capitals: 9 crore

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