Cricket

IPL players’ auction on December 19 in Kolkata

The trophy for the VIVO Indian Premier League 2018 edition is displayed after its unveiling at a function in Kolkata, India, Thursday, April 5, 2018. The VIVO IPL T20 format cricket tournament is scheduled to start on April 7 and continue till May 27. (AP Photo/Bikas Das)

The trophy for the VIVO Indian Premier League 2018 edition is displayed after its unveiling at a function in Kolkata, India, Thursday, April 5, 2018. The VIVO IPL T20 format cricket tournament is scheduled to start on April 7 and continue till May 27. (AP Photo/Bikas Das)

The players’ auction for the next Indian Premier League (IPL) will be held on December 19 in Kolkata, the event’s Governing Council decided in a meeting here on Tuesday.

The glitzy league is usually held in April-May every year and players’ auction is being conducted in Kolkata for the first time. The city is the home ground of the Shah Rukh Khan co-owned Kolkata Knight Riders franchise.

“The IPL auction will be in Kolkata on December 19. It’s a departure from the traditional venue of Bengaluru,” an IPL Governing Council member said on conditions of anonymity after the meeting here.

While the franchises were allotted ₹ 82 crore each for IPL 2019, ₹ 85 crore per team has been earmarked for the 2020 season.

Every franchise will also have an additional purse of ₹ 3 crore to the balance in their kitties from the last auction.

Delhi Capitals have the biggest balance -- ₹ 8.2 crore, followed by Rajasthan Royals at ₹ 7.15 crore and Kolkata Knight Riders at ₹ 6.05 crore.

This year’s auction is the last one before the franchises disband and prepare to assemble fresh squads from 2021 at a mega auction.

Funds left with franchises ahead of IPL 2020 auction:

Chennai Super Kings - ₹ 3.2 crore, Delhi Capitals - ₹ 7.7 crore, Kings XI Punjab - ₹ 3.7 crore, Kolkata Knight Riders - ₹ 6.05 crore, Mumbai Indians - ₹ 3.55 crore, Rajasthan Royals - ₹ 7.15 crore, Royal Challengers Bangalore - ₹ 1.80 crore, Sunrisers Hyderabad - ₹ 5.30 crore.


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Printable version | Oct 6, 2022 4:25:08 pm | https://www.thehindu.com/sport/cricket/ipl-players-auction-on-december-19-in-kolkata/article29889453.ece