IPL 2021 player auction date and venue announced

Franchises had announced their retentions and released players' list in January.

The date and venue for the much-awaited auction for the upcoming edition of the Indian Premier League, IPL 2021 has been announced by the IPL GC.

The auction will take place in Chennai on February 18, in midst of the India v England Test series, and a day after the second Test will end, on February 17.

The mini-auction will feature all the eight teams bidding for players, given that they had submitted their list of retained and released players on January 20 to the BCCI and IPL GC.

IPL 2021: Franchise-wise list of all players released and retained

This freed up the purse for them to buy more arsenal for the 14^th edition of the tournament, which is supposed to take place in India.

Available purses for each franchise for IPL 2021 auction:

Kings XI Punjab (KXIP)- 53.20 cr

Royal Challengers Bangalore (RCB) – 35.70 cr

Mumbai Indians (MI) – 15.35 cr

Kolkata Knight Riders (KKR) – 10.85 cr

Sunrisers Hyderabad (SRH) – 10.75 cr

Rajasthan Royals (RR) – 34.85 Cr

Chennai Super Kings (CSK) – 22.90 cr

Delhi Capitals (DC) – 9 cr

Slots remaining:
RCB (13 Indian, 4 overseas), SRH (3 Indian, 1 overseas), DC (6 Indian, 2 overseas), KKR (7 Indian, 1 overseas), RR (8 Indian, 3 overseas), KXIP (9 Indian, 5 overseas), CSK (7 Indian, 1 overseas), MI (7 Indian, 4 overseas).