What Are The New Rules At IPL Mega Auction 2022? All You Need To Know About The Event

All the 10 franchises were given a purse balance of Rs.90cr, however, none of the franchises will go to the auction with the full amount as some sum was deducted due to player retentions.

Representational Image: KKR / Twitter

The IPL auctions will take place this weekend on the 12th and 13th of Feb in Bengaluru. A total of 590 players are set to go under the hammer. There are a total of 370 Indians and 220 overseas players.

Eight of the old franchises had to release most of their players into the auctions while having an option of retaining four players each. The two new franchises Lucknow Super Giants and Gujarat Titans will be the debutant teams in this year’s IPL. These two franchises had the option of picking up 3 players from the auction pool before the start of the event.

All the 10 franchises were given a purse balance of Rs.90cr, however, none of the franchises will go to the auction with the full amount as some sum was deducted due to player retentions.

When and Where?

The IPL 2022 mega auction will be held on the 12th and 13th Feb in Bengaluru.

Auction Time, Telecast, Streaming Information

The auction will be live on Star Sports Network, while live-streaming will be on Disney + Hotstar. The Auction process will start at around 12:00 PM, while the live coverage is supposed to begin at 11:00 AM.

Rules:

A team can have a maximum of 25 players, including a maximum of 8 overseas players, and a minimum of 18 players in their full squad.

All pre auction-related activities have been completed, and this time there will be no RTM(Right to Match) card i.e a franchise will not be able to buy back a player from the auction, matching the highest bid.

Process:

As for the auction dynamics, the players who will be 1st available will be from the “Marquee list” which consists of 10 players. All the 590 players have been divided according to their base prices

The biggest base price is INR 2 crore, followed by INR 1.5 crore and INR 1 crore. Rest of the price brackets are INR 50 lakh and INR 20 lakh.

Purse Remaining

• Mumbai Indians: Rohit Sharma (Rs 16 Cr), Jasprit Bumrah (Rs 12 Cr), Suryakumar Yadav (Rs 8 Cr) Kieron Pollard (Rs 6 Cr) – Purse Remaining – Rs 48 Crore
• Royal Challengers Bangalore: Virat Kohli (Rs 15 Cr) Glenn Maxwell (Rs 11 Cr), Mohammed Siraj (Rs 7 Cr), Purse remaining: Rs 57 crore
• Punjab Kings: Mayank Agarwal (Rs 14 Crore), Arshdeep Singh (Rs 4 Crore): Purse Remaining – Rs 72 Crore
• Sunrisers Hyderabad: Kane Williamson (Rs 14 Cr), Abdul Samad (Rs 4 Cr), Umran Malik (Rs 4 Cr): Purse Remaining—Rs 68 Crore
• Chennai Super Kings: Ravindra Jadeja (Rs 16 Cr) MS Dhoni (Rs 12 Cr), Moeen Ali (Rs 8 Cr), Ruturaj Gaikwad (Rs 6 Cr) – Purse Remaining: Rs 42 Crore
• Delhi Capitals: Rishabh Pant (Rs 16 Cr), Axar Patel (Rs 9 Cr), Prithvi Shaw (Rs 7.5 Cr), Anrich Nortje (Rs 6.5 Cr): Remaining Purse: Rs 47.5 crore.
• Rajasthan Royals: Sanju Samson (Rs 14 Cr), Jos Buttler (Rs 10 Cr), Yashasvi Jaiswal (Rs 4 Cr) – Purse Remaining: Rs 62 Crore
• Kolkata Knight Riders: Andre Russell (Rs 12 Cr), Varun Chakravarthy (Rs 8 Cr), Venkatesh Iyer (Rs 8 Cr), Sunil Narine (Rs 6 Cr) – Purse Remaining – 48 Crore
• Gujarat Titans:Hardik Pandya (Captain) – Rs 15 crore, Rashid Khan – Rs 15 Crore, Shubman Gill – Rs 8 Crore. Purse Remaining: Rs 52 crore.
• Lucknow Super Giants: KL Rahul (Captain)- Rs 17 crore, Marcus Stoinis - Rs 9.2 crore, Ravi Bishnoi - Rs 4 crore. Purse Remaining: Rs 59.8 crore.