The preparations for the mini auction for the 14th season of the Indian Premier League (IPL) have started. The IPL Governing Council has asked all the teams to release the list of retained and released players by 21 January. The biggest losers in the mini-auction could be the franchisees like Chennai Super Kings and Mumbai-Delhi the most.
CSK can release 12 out of 24 players in this auction. At the same time, Kings XI Punjab 11 and Rajasthan Royals 11 can release players. This time no change has been made in the team’s budget. Like last time in the purse of the teams, this time too will be 85 crore rupees. This will include the price of retained players.
According to sports website cricinfo, Now Chennai Super Kings has around 22CR in their purse for IPL 2021 auction.
How many players will be maximum and minimum in a team?
All franchises can have maximum 25 and minimum 18 players in their team. There can be as many as 8 foreign players in any team.
What is mini auction?
The mini auction took place in the previous year ie 2020. There were 8 teams bidding to select 332 players in 73 slots. Out of this, only 62 foreign players, including 29 foreign players and 33 players from India, were bought.
- In the mini-auction, the franchisees have to bid to fill the gap left in the team. In this, the franchise can retain as many players as possible. Everyone else will be put in the trade window except for the retainers.
- The franchisees are required to submit the list of the Retired Players and the Players removed from their squads to the IPL Governing Council within a stipulated time.
- The franchise buys new players by combining the rupees from the salary cap of the withdrawn players and the money paid in the purse from the IPL.
- Franchisees have to buy players keeping in mind the full strength of the squad.
Apart from the auction, teams also have the option of trade windows
Apart from this, teams will also have the option of transfer window. The trade window has been opened since Monday. Under this, players can change the franchise with mutual consent of both teams. In this, teams will be able to trade to uncapped as well as capped players. According to IPL Governing Council Chairman Brijesh Patel, the trade window will be closed on February 4.