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With a total salary cap of INR 90 crore available at the mega auction for each team, the eight franchises were eligible to retain up to 4 players with a maximum of 3 Indians, 2 overseas players and 2 uncapped Indians.
The player auction for the 2018 Indian Premier League was held in Bangalore on 27 and 28 January 2018. The salary cap for the season was increased from ₹ 66 crore to ₹ 80 crore, with all franchises needing to spend at least 75 percent of the amount. [4] In total 1122 players signed up to be a part of the auction. [5]
A total of 971 players including 258 overseas players have registered for the 2019 IPL Auctions, wheres a maximum of 73 positions are to be filled. [16] Later, the Governing Council sent the eight franchises the final list of players, which has been trimmed from the original 971 to 332, including 19 Indian capped players.
Prior to the auction, teams could release players and retain those that they wanted for the next season. The salaries of the released players would be added to the salary purse of the teams which was increased to Rs. 66 crores for the 2016 edition. The salaries of the retained players was deducted from this purse. [3] [4]
The eight IPL teams could retain and release players from their squad during the retention window which ended on 15 December 2016. The salaries of the released players would be added to the salary purse of ₹ 66 crore, while the salaries of the retained players was deducted from this purse. The list of retained and released players was made ...
Player Nat Salary Date Ref Mumbai Indians; Mustafizur Rahman ₹ 2.2 crore (US$263,601.60) 19 October 2018 [2]Akila Dananjaya ₹ 50 lakh (US$59,909.50) 19 October 2018 [2]Pat Cummins
The IPL 2024 auction was conducted on 19 December 2023 in Dubai. A total of 333 players were available for auction including 214 Indian and 119 foreign players. A total of 333 players were available for auction including 214 Indian and 119 foreign players.
The salary cap of a player would consist of auction purse, incremental performance pay and match fees. Each playing member (including the impact player) would get a match fee of ₹ 7.5 lakh (US$8,800) in addition to the auctioned price. [ 35 ]