IPL starts the auction process, by November 15, all the teams will have to give the list of retained players

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Retain Players in IPL Teams: The Indian Premier League (IPL) has started the process of auction for the next season. A message has been sent from IPL to all the 10 franchises, in which it has been said to give the list of retained players by 15 November. That is, right after the T20 World Cup, it will be clear that which players will be retained in the 10 teams of IPL.

Last time before the mega auction, the old 8 teams could retain a maximum of 4-4 players. This time there will be no such binding. Teams can retain all players from their current squad. Only the teams will have to submit the information of the retained players to the IPL committee by 15 November. Although many teams are in the mood to release some players. In such a situation, it will be interesting to see which players the teams retain their trust in.

Mini auction will be held on December 16
After getting the list of retained players, IPL will conduct mini auction for the next season. This auction will take place on December 16 in Bangalore. In this auction, in addition to the players released by all 10 teams, players interested in the auction will be bidding. This time all the teams will have a limit to spend 5-5 crores more with their last remaining auction purse. Along with this, if the teams release a player, then his amount will also be added to the purse.

For example, as Punjab Kings had 3.45 crores left last time, now 5 crores will be added to it. In such a situation, Punjab Kings will have 8.45 crores in the auction purse. At the same time, if the team of Punjab Kings releases an expensive player like Shahrukh Khan, then 9 crores will come in his purse. That is, Punjab will have Rs 17.45 crore available for auction.

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