IPL 2018 Auction: How much money every team can spend?

The Indian Premier League (IPL) is done with the player retention process, and is now all set to enter the IPL 2018 player auction, which will be held in Bangalore on 27 and 28 January. Each of the eight IPL franchises were give a purse of INR 80 crores, out of which some amount was spent during player retention. The remaining amount will be subject to expenditure in the upcoming IPL auction, which will see 578 players go under the hammer.

The most expensive player which was retained in the IPL player retention was none other than the Indian captain Virat Kohli, who was retained by the Royal Challengers Bangalore (RCB) for INR 17 crores.

Rajasthan Royals (RR) and Kings XI Punjab (KXIP) retained just one player each – Steve Smith (RR) and Axar Patel (KXIP) – and will now have an upper hand over other IPL franchises in the player auction, as the two teams are left with more money than the other teams to spend on acquiring exciting new talent for the 2018 season.

Each franchise was given a set-purse of INR 80 crores to buy a maximum of 25 players, out of which eight players can be overseas. Let’s have a look at the remaining money and retained players of all IPL franchises:

Chennai Super Kings (CSK) – 47 crore

CSK spent INR 33 crore to retain their old core-triad; MS Dhoni (15 crore), Suresh Raina (11 crore), and Ravindra Jadeja (7 crore). The yellow brigade are now left with 47 crores to spend in the player auction.

Right to Match available at the player auction – 2.

Delhi Daredevils (DD) – 47 crore

Delhi Daredevils spent INR 33 crore too, as they retained three players; Rishabh Pant (15 crore), Chris Morris (11 crore), and Shreyas Iyer (7 crore).

Right to Match available at the player auction – 2.

Kings XI Punjab (KXIP) – 67.5 crore

Kings XI Punjab retained just one player for INR 12.5 crore – Axar Patel. The Punjab franchise now is left with INR 67.5 crores, which they will spend wisely at the IPL player auction.

Right to Match available at the player auction – 3.

Kolkata Knight Riders (KKR) – 59 crore

KKR retained two players, spending 21 crore in the process; Sunil Narine (12.5 crore) and Andre Russell (8.5 crore). Although their remaining purse amount is lesser than Kings XI Punjab, KKR will still have an advantage over the rest of the IPL clubs with 59 crores left to spend at the player auction.

Right to Match available at the player auction – 3.


READ: Indian Premier League (IPL) 2018: Player Auction List Announced.


Mumbai Indians (MI) – 47 crore

Mumbai Indians have spent INR 33 crore to retain three star players; Rohit Sharma (15 crore), Hardik Pandya (11 crore), and Jasprit Bumrah (7 crore).

Right to Match available at the player auction – 2.

Rajasthan Royals (RR) – 67.5 crore

Rajasthan Royals have spent a lesser amount as they retained just one player for INR 12.5 crore – Australian cricketer Steve Smith. The franchise is reported to plan their squad build-up around the Aussie skipper. Left with a purse of INR 67.5 crore, Rajasthan Royals will be bidding fiercely at the player auction.

Right to Match available at the player auction – 3.

Royal Challengers Bangalore (RCB) – 49 crore

RCB have spent INR 31 crore on retaining three players. While the Bangalore side spent a record-high fee on Virat Kohli (17 crore), they also retained South Africa star AB de Villiers (11 crore), and the 20-year-old India emerging star Sarfaraz Khan (3 crore).

Right to Match available at the player auction – 2.

Sunrisers Hyderabad (SRH) – Rs 59 crore

Sunrisers Hyderabad retained the Australian cricketing veteran David Warner for 12.5 crore, and the Indian pace-bowling star Bhuvneshwar Kumar for 8.5 crore, making their total retention expenditure of INR 21 crore.

Right to Match available at the player auction – 3.

Player Retention RULES

Every franchise is allowed to retain upto 5 maximum players. They can do this by two mean – Retention and RTM (Right to match). If a franchise would have not retained any single player, then it would only be able to acquire 3 players maximum through RTM.

Maximum Capped Indian players allowed – 3

Maximum Overseas players allowed – 2

Maximum Uncapped Indian players allowed – 2

Total team-purse – INR 80 crore

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