IPL auction 2018 scheduled in January.
The date of the IPL auction 2018 has been finalised. According to the report by the Press Trust of India on Tuesday. The mega-auction for the IPL 2018 is scheduled to be held in Bengaluru on January 27 and 28.
Usually, the IPL auctions are held in Feb. The dates for the auction coincide with the South Africa-India Test at the Wanderers in Johannesburg as well as the final of the Syed Mushtaq Ali domestic T20 tournament.
The auction ahead to the 11th season of IPL auction is thought to be a bigger affair than usual, considering that each franchise can keep no more than five players from other existing rosters by through the combination of pre-auction retention and Right to Match (RTM) cards. The teams have until January 4 to submit their retention lists as the BCCI itself can make open public their full set of to-be-auctioned players on January 18, reported by, ESPN Cricinfo
“The minimum spend will be 75 percent of the salary cap for each season,” the BCCI stated. The IPL Regulating Council has hiked the salary budget of the franchises from Rs 66 crore to Rs 80 crore for the auction. Each team will have to spend at least 75 percent of the salary cap (INR 60 crore) by the end of the two-day procedure. Retained players will have a more dynamic effect on the team’s salary purse depending on the number of players retained by the franchise.
It remains to be observed if Chennai Super Kings, would make a come back again after two-year ban due to corruption, regain their inspirational skipper MS Dhoni. Rajasthan Royals may also be back fray after sitting out for just two seasons.
MS Dhoni has been associated with Chennai Super Kings since the start of the Indian Premier League. From 2008 till 2015, he led them to two IPL titles in 2010 and 2011 and entered the final of the tournament four times in 2008, 2012, 2013 and 2015.
Source- Hindustan Times