IPL Auction 2018 Live: IPL Player Auction is being held in Bengaluru. (Source: IPL)
IPL Auction 2018 will be the beginning of wiping the slate clean and starting afresh. So everything that happened in the last 10 years of the IPL, will more or less be done with. Barring the players who have been retained, every other player has gone into the auction and that has taken the pool to 578 players with 36 marquee players – 13 Indians and 23 international players – with base price of Rs 2 crore. Once again, for IPL 11, over 500 players will go under the hammer with a strategy to rebuild their squad.
The two-day auction in Bengaluru will offer a prospect to the teams to build their structure for the future in an attempt at glory. A bidding war is expected to be held today so the teams can edge the other early. With the combination of players retained and Right to Match (RTM), each team enters the auction with a different purse. Chennai Super Kings and Rajasthan Royals return to the league after their two-year suspension. Catch IPL Auction 2018 Live Updates here.
IPL Auction 2018 Live Updates: 0913 hrs IST: Here’s the lowdown: Almost 580 players to be auctioned in Bengaluru. 361 of them will be Indians. Franchise size to vary from a minimum of 18 to a maximum of 25. Minimum squad spend is of Rs 60 crores and maximum number of overseas players allowed is 8.
0907 hrs IST: Here’s everything you need to know about the IPL Auction and each IPL Auction has seen a rags to riches story or an unknown player becoming an overnight sensation. Who will it be this time? We present the contenders.
0900 hrs IST: Hello and Good morning for our live coverage and updates from the first day of the IPL Auction. So here it begins, ten seasons and decade of success, is all in the past and on the horizon. Players that made the teams what they are, for the most part, are back in the auction.