Fat purse of Rs 143 cr for IPL auction, 351 players in the fray

351 players including 122 overseas stars will be part of the auction process for the Indian Premier League (IPL) that will held next week.

The eight IPL teams have a purse of Rs 143.33 crore ($21 million) to spend in acquiring the players. Kings XI Punjab have the highest remaining purse of 23.35 crore ($3.4 million) while Mumbai Indians have Rs. 11.55 crore ($1.7 million) left to spend for the auction.

The list of players from Associate nations includes five Afghanistan players and one from the UAE. The players on the radar include Afghanistan captain Asghar Stanikzai, Mohammad Shahzad, Rashid Khan, Mohammad Nabi and Dawlat Zadran.  Shahzad and Rashid have listed themselves at the highest base price at Rs 50 lakh.

Before the auction gets under way, the teams together had spent Rs 384.67 crore ($56.5 million) in buying the players for their respective teams. The auction is scheduled to be held on February 20.

Next week’s auction will be the last under the existing 10-year cycle that stared in 2008. Prior to this year’s auction, 140 cricketers, including 44 overseas cricketers, were retained by their respective eight IPL clubs.

The world’s biggest T20 tournament gets underway at Hyderabad on April 5 where defending champions Sunrisers Hyderabad take on Royal Challengers Bangalore.