IPL 2017 Auction Date, Time, Team Budget, Rules & Regulations

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    India’s most entertaining and crowd puller league, Indian Premier League’s 10th season is coming to entertain us from April 5 up to May 21, 2017.  Every year before the league starts, auction is held. Every team and their respective fans are enthusiastic about the auction. As it  is the most important and winner deciding factor of the league.

    IPL 2017 auction date

    IPL 2017 Auction Date & Time

    Date: February 20

    Time: 9:00a.m IST

    Venue: Bengaluru

    IPL 2017 Auction Teams

    • Delhi Daredevils
    • Gujrat Lions
    • Kings XI Punjab
    • Kolkata Knight Riders
    • Mumbai Indians
    • Rising Pune Supergiants
    • Royal Challengers Bangalore
    • Sunrise Hyderabad

    IPL 2017 Auction Players

    Total Players: 359

    Total Picks: 116 players

    Capped & Uncapped: 130 & 229 respectively

    IPL 2017 Auction Rules & Regulations

    Team Spending Limit: Rs. 34.08 crore ($5 million)

    Minimum Player Salary: 34.08 lakh ($50,000)

    Minimum U-22 Player Salary: 15 lakh ($22,000)

    IPL 2017 Auction Team Players & Budget

    Team Spent (in crores) Balance (in crores) Total Players Overseas Players
    DD 44.5 21.5 18 5
    GL 51.65 19.1 16 5
    KXIP 42.65 23.35 19 5
    KKR 46.25 19.8 14 4
    MI 54.44 11.56 20 6
    RPS 46.9 14.35 16 6
    RCB 53.18 17.82 19 7
    SRH 45.1 20.9 17 5

    Source: IPLT20

    • Total Spent: Rs. 384.67 crore
    • Remaining Balance: Rs. 143.33 crore
    • Total Retained Players: 140 (44 overseas)

    Other IPL 2017 Auction Details

    Auctioneer: Richard Madeley

    Opening Ceremony Hosts: Sunrise Hyderabad

    Live Broadcast: Sony Six (in India) & Neo Sports (in USA)

    This IPL season will end the 10-year contract. Next year all the players will be included in auction pool. No, team can retain the player.  So, every team will get chance to buy players of any team in IPL 11.

    Also Read: IPL 2017 retained players bid price – Full List