The Indian Premier League mini-auction for the next season is to be held in Kochi on December 23, as reported by ESPNcricinfo.
As ESPNcricinfo reported on Wednesday, one change in the rule is that apart from what’s remaining in the franchises’ purse, each team will get an additional INR 5 crore (approx. US $607,000) to spend. The total budget per franchise is expected to be raised from Rs 90 crore to Rs 95 crore.
After last year’s auction, Punjab Kings had the most money left over – INR 3.45 crore, while Lucknow Super Giants had spent it all. The Chennai Super Kings had INR 2.95 crore left, followed by Royal Challengers Bangalore INR 1.55 crore, Rajasthan Royals are left with INR 0.95 crore, and Kolkata Knight Riders INR 0.45 crore.
The last year’s champions Gujarat Titans have left with INR 0.15 crore, while three other teams – Mumbai Indians, Sunrisers Hyderabad, and Delhi Capitals – received INR 0.10 crore.
