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The Indian Premier League (IPL) 2017 auction is just few days away, and there is large pool of international and domestic players, who will go under the hammer in Bengaluru on Saturday.
With the deadline for players’ retention which ended on December 15, 2016 at 5 PM IST, all 8 franchises have announced their squads. (Who all were released by teams?)
And now, it is over the auction table next month to finalise the squads. IPL 2017 will be played from April 5 to May 21.
Let’s have a look at the money available for all eight teams in the IPL 2017 auction:
Kings XI Punjab (KXIP)
Purse spent: Rs 42.65 crore (Rs 426.5 million)
Purse available: Rs 23.35 crore (Rs 235.5 million)
Delhi Daredevils (DD)
Purse spent: Rs 44.5 crore (Rs 445 million)
Purse available: Rs 21.5 crore (Rs 215m)
Sunrisers Hyderabad (SRH)
Purse spent: Rs 45.1 crore (Rs 451 million)
Purse available: Rs 20.9 crore (Rs 209 million)
Kolkata Knight Riders (KKR)
Purse spent: Rs 46.25 crore (Rs 462.5 million)
Purse available: Rs 19.75 crore (Rs 197.5 million)
Rising Pune Supergiants (RPS)
Purse spent: Rs 46.9 crore (Rs 469 million)
Purse available: Rs 19.1 crore (Rs 191 million)
Gujarat Lions (GL)
Purse spent: Rs 51.65 crore (Rs 516.5 million)
Purse available: Rs 14.35 crore (Rs 143.5 million)
Royal Challengers Bangalore (RCB)
Purse spent: Rs 53.175 crore (Rs 531.75 million)
Purse available: Rs 12.825 crore (Rs 128.25 million)
Mumbai Indians (MI)
Purse spent: Rs 54.445 crore (Rs 544.45 million)
Purse available: Rs 11.555 crore (Rs 115.55 million)