IPL Player Auction 2017 highlights: Ben Stokes, Tymal Mills, Rashid Khan among 27 of 66 overseas players sold

IPL Auction 2017 live: Ben Stokes sold for a whopping 14.5 crores to Rising Pune Supergiants whereas Afghanistan player Rashid Khan was a surprise deal for INR 4 crores to Sunrisers Hyderabad.

Arun Rawal
Feb 20, 2017

IPL 2017 starts April 5. Franchises will be keen to get their team coordination right before the T20 extravaganza begins. We will keep bringing you the IPL updates from teams, players as they happen. For all the updates stay tuned to InUth.

15:30 IST IPL Auction 2017 comes to an end. A few surprise deals and other veteran players who did not get a big amount featured in this year’s auction. Again Ben Stokes remains the highest paid players of this edition’s auction.

15:27 IST Lockie Ferguson from New Zealand was bought by Rising Pune Supergiants for INR 50 lakhs.

15:25 IST Sayan Ghosh sold to Rising Pune Supergiants for INR 10 lakhs.

15:24 IST Manoj Tiwary roped in by Rising Pune Supergiants for INR 50 lakhs at his base price.

15:23 IST West Indies batsman Darren Bravo gets picked up by Kolkata Knight Riders by INR 50 lakhs.

15;23 IST Akashdeep Nath sold to Gujarat Lions for INR 10 lakhs.

15:22 IST IPL Auction 2017 is back again as auctioneer Richard Madley gears up for another round.

Another set of IPL Auction comes to an end. Stay tuned for more live updates of the bidding war. Ben Stokes still remains the most expensive bid of this year’s auction as he bags an INR 14.5 crore deal with Rising Pune Supergiants.

14:58 IST Pratham Singh sold to Gujarat Lions for INR 10 lakhs.

14:57 IST Rahul Tripathi sold to Rising Pune Supergiants for INR 10 lakhs.

14:56 IST Ishank Jaggi, the talk of the town gets picked by Kolkata Knight Riders for base price INR 10 lakhs, steal deal for KKR.

14:55 IST Sanjay Yadav sold to Kolkata Knight Riders for INR 10 lakhs.

14:54 IST Amit Verma goes unsold, no bids for him.

14:53 IST Shelley Shaurya sold to Gujarat Lions at base price, INR 10 lakhs.

14:52 IST Bangladesh players Mehedi Hasan and Mahmudullah remain unsold.

14:49 IST Chirag Suri attracts single bid from Gujarat Lions, sold for base price INR 10 lakhs.

14:49 Virat Singh does not get picked by any side, remains unsold.

14:47 IST Kulwant K sold to Mumbai Indians for INR 10 lakhs.

14:45 IST Milind Tandon sold to Rising Pune Supergiants for INR 10 lakhs.

14:43 IST Rinku Singh sold to Kings XI Punjab for his base price at INR 10 lakhs. Shashank Singh to sold for INR 10 lakhs to Delhi Daredevils.

14:41 IST Munaf Patel up for bidding, Gujarat Lions bought him for INR 30 lakhs, his base price.

14:39 IST Two times World Cup winning captain Darren Sammy sold to Kings XI Punjab for his base price INR 30 lakhs.

14:38 IST West Indies player Rovman Powell sold to Kolkata Knight Riders for INR 30 lakhs (base price).

14:37 IST Jimmy Neesham and Colin Munro remain unsold.

14:35 IST Australian bowler Daniel Christian is up for bidding again. Rising Pune Supergiants buy him for INR 1 crore.

14:34 IST Sri Lankan match-winner batsman Asela Gunarathna sold to Mumbai Indians for base price INR 30 lakhs.

14:32 IST Rahul Chahar and Saurabh Kumar sold to Rising Pune Supergiants for their base price INR 10 lakhs.

14:31 IST Another Indian bowler becomes crorepati, Mohammed Siraj sold for INR 2.6 crores to Sunrisers Hyderabad.

14:29 IST Rishi Arothe from India and Ronsford Beaton from West Indies remain unsold. Sayan Ghosh too did not get any bidders. Similar fate for Kanishk Seth.

14:28 IST Dishant Yagnik too remains unsold. At one point it seemed like that Virender Sehwag might place his bid but he did not.

14:27 IST Akhil Herwadkar’s bid starts again, no buyers for him. Mayank Jaiswal gets the same fate.

14:24 IST Billy Stanlake up for bidding. Royal Challengers Bangalore buy him for his base price INR 30 lakhs.

14:23 IST Kashmiri spinner Parveez Rasool remains unsold. David Wiese faces the same fate again. Australian bowler Ben Laughlin sold to Sunrisers Hyderabad for his base price INR 30 lakhs.

14:21 IST Thisara Perera remains unsold. Maybe, his recent BBL performance did not impress IPL franchises.

14:21 IST Manoj Tiwary remains unsold, his hopes for making a comeback go for a toss.

14:20 IST West Indies batsmen Darren Bravo and Evin Lewis remain unsold yet again.

14:19 IST Mitchell Swepson up for bidding again, unsold, no franchise shows interest!

14:18 IST Navdeep Saini sold to Delhi Daredevils for INR 10 lakhs.

11:47 Akashdeep Nath and Vinod remain unsold once again.

14:15 IST Pravin Dubey once again up for bidding, this time around he gets a bid from Rising Pune Supergiants. SOLD! for INR 10 lakhs.

14:14 IST Bidding for Imran Tahir starts again. Well, that’s a shocker! World’s No.1 ODI and T20I bowler remains unsold.

14:09 IST Nathan Coulter Nile sold to Kolkata Knight Riders for INR 3. crores

14:08 IST Indian all-rounder Irfan Pathan remains unsold once again. Well, this was not expected.

14:07 IST Engalnd bowler Chris Jordan sold to Sunrisers Hyderabad for his base price INR 50 lakhs.

14:05 IST Saurabh Tiwary once again bought by Mumbai Indians for INR 30 lakhs

14:04 IST Jason Roy onboard with Gujarat Lions at INR 1 crore.

14:03 IST Bidding starts again. Martin Guptill is up for bidding. Guptill base price is INR 50 lakhs. SOLD! Kings Xi Punjab bags him at base price.

We are back with live updates of IPL Auction 2017. Auctioneer Richard Madley is back where he is supposed to be. He will start the bidding now. Stay tuned to InUth for live updates.

It came as a surprise to every viewer who is watching IPL Auction 2017 when South African leg-spinner and No.1 bowler in ODIs and T20Is did not attract a single bid from any of the franchises. His recent performances have been top notch. Tahir recently took a five-wicket haul for the Proteas against New Zealand in T20I. His base price too was not over-the-top. The auctioneer Richard Medley announced his base price at INR 50 lakhs.

We’re all set to begin with the post lunch session. Watch this space for more #IPLAuction pic.twitter.com/PRe2P4uOD6

— IndianPremierLeague (@IPL) February 20, 2017

Here’s the full list of sold players before Lunch Break-

Franchisees and their remaining purpose before Lunch Break-

Teams	Funds Remaining (in Rs.)	Overseas players
Delhi Daredevils	9.25 Cr,	9
Kings XI Punjab	14.80 Cr.	7
Kolkata Knight Riders	10.00 Cr.	6
Mumbai Indians	4.05 Cr.	8
Royal Challengers Bangalore	2.82 Cr.	8
Sunrisers Hyderabad	15.65 Cr.	7
Gujarat Lions	12.30 Cr.	6
Rising Pune Supergiants	2.70 Cr.	6

We will be back with live updates of IPL Auction 2017 at 14:00 IST. Till then stay tuned the blog for more updates.

Another set of IPL Auction 2017 comes to an end. A lot of surprises in this set as well with Indian domestic players bagging huge deals. Whereas, West Indies players remain unsold. A few veteran players due to their higher base price did not get to be on the better side of the hammer. Afghanistan’s 18-year-old spinner Rashid Khan bought by Sunrisers Hyderabad for INR 4 crores.

We break for Lunch now and will be back at 2 PM IST #IPLAuction. Take a look at the top buys from the morning session. pic.twitter.com/idSdy3GNg2

— IndianPremierLeague (@IPL) February 20, 2017

12:39 IST Another big player remains unsold. Australian player Nathan Lyon fails to attract any bidders. He will be featuring in Test series against Australia starting February 23.

12:38 IST Michael Beer and Akila Dananjaya remain unsold. Leg-spinner Rahul Sharma too fail to attract any bidders.

12:37 IST Australian spinner Fawad Ahmed remains unsold.

12:36 IST Manpreet Gony sold to Gujarat Lions for INR 1 crore.

12:32 IST Varun Aaron attracts bidding from Gujarat Lions and Kings XI Punjab. Virender Sehwag wins the race as he bags Aaron for INR 2.8 crores.

12:32 IST Australian fast bowler Ben Laughlin remains unsold.

12:31 IST Jaydev Unadkat brought by Rising Pune Supergiants for INR 30 lakhs.

12:29 IST New Zealand player Matt Henry bought by Kings Xi Punjab for INR 50 lakhs.

12:28 IST Fast bowler Pankaj Singh at base price INR 30 lakh remains unsold.

12:26 IST Glenn Phillips and Indian bowler RP Singh remain unsold!

12:24 IST Niroshan Dichwella too remains unsold, he would have been a good addition to any team.

12:23 IST Wicketkeeper-batsmen Shane Dowrich, Brad Haddin and Kusal Perera remain unsold.

12:20 IST Sri Lankan all-rounder Thisara Perera remains unsold. Farhaan Behardien and Enamuel Haque too remain unsold.

12:18 IST Kolkata Knight Riders bag another. Rishi Dhawan sold for INR 55 lakhs.

12:17 IST South African all-rounder David Wiese remains unsold, no bids offered.

12:16 IST Karn Sharma sold to Mumbai Indians for an impressive INR 3.2 crores.

12:14 IST Karn Sharma is up for bidding and this guy is attracting a lot of money from Gujarat Lions and Mumbai Indians, current bid is INR 2.8 crores.

12;12 IST Chris Woakes sold to Kolkata Knight Riders for INR 4.2 crores. Gautam Gambhir is happy with this deal!

12:10 IST Chris Woakes goes up for bidding at a base price of INR 2 lakhs. As expected he attracts bids from various franchisees.

12:09 IST Kashmiri spinner Parvez Rasool remains unsold at a base price of INR 30 lakhs.

12:08 IST Australian player Nic Maddinson remains unsold as well at base price INR 50 lakhs.

12:07 IST Another West Indies player Darren Bravo remains unsold!

12:06 IST Marlon Samuels, remains unsold, another shocker. West Indies opener Evin Lewis too remains unsold.

12:05 IST Abhinav Mukund who has been selected in Indian Test squad remains unsold!

12:04 IST Michael Klinger remains unsold!

12:03 IST Cheteshwar Pujara fails to attract any bidders, remains unsold. Manoj Tiwary too does not get any bidders.

12:02 IST Pravin Tambe sold to Sunrisers Hyderabad for INR 10 lakhs.

12:01 IST Australian spinner Mitchell Swepson remains unsold. Akshay Wakhare too remains unsold.

rashid-khan-arman

11:59 IST Surprise, surprise, surprise! Rashid Khan sold to Sunrisers Hyderabad for INR 4 crores. Whoa! this was not expected at all.

11:57 IST Rashid Khan from Afghanistan attracts bids from franchisees. He has done brilliantly well in ICC T20 World Cup

11:55 IST Sarabjeet Ladda remains unsold, the leg-spinner has been a part of IPL before.

11:54 IST Tejas Singh Baroka sold to Gujarat Lions for INR 10 lakhs! Another addition to surprise pickings this season.

11:53 IST Murugan Ashwin sold to Delhi Daredevils for INR 1 crore!

11:52 IST Murugan Ashwin up for bidding, he played for Rising Pune Supergiants previous year and they are bidding for him once again. Delhi Daredevils seem interested in him.

11:50 IST Pawan Suyal remains unsold! Basil Thampy sold to Gujarat Lions for INR 85 lakhs.

11:48 IST Basil Thampy, another domestic player attracts bids from Gujarat Lions and Rising Pune Supergiants.

11:47 IST Navdeep Amarjeet Singh who bowled beautifully against Australia in practice match remains unsold. Umar Nazir too remains unsold.

11:46 IST Gujarat Lions pick their first player, Nathu Singh bought for INR 50 lakhs.

11:45 IST Thangarasu Natarajan sold to Kings XI Punjab for INR 3 crores!

11:40 IST Thangarasu Natarajan, another Indian domestic bowler to attract bidders. Sehwag is bidding fiercly for him!

11:40 IST Aniket Choudhary sold to Royal Challengers Banglaore for INR 2 crores. He was called for Indian batsmen’s net practice in an attempt to prepare them for Australian Mitchell Starc. Who would have thought, he will replace Starc in the team.

11:37 IST Rising Pune Supergiants and Gujarat Lions have their eyes set on Aniket Choudhary, who will emerge the winner in this battle.

11:35 IST Left-arm fast bowler Aniket Choudhary is attracting bids from Gujarat Lions, Mumbai Indians and Rising Pune Supergiants.

11:34 IST Manvinder Bisla and Abu Nechim Ahmed remain unsold!

11:32 IST Afghanistan player Mohammad Shahzad remains unsold, his base price was INR 30 lakhs. Meanwhile, The triple-centurion in T20s Mohit Ahlawat remains unsold.

11:31 IST Eklavya Dwivedi bagged by Sunrisers Hyderabad for 30 lakhs.

11:29 IST Aditya Tare sold to Delhi Daredevils for INR 25 lakhs!

11:27 IST Uncapped wicketkeeper-batsmen Shreevats Goswami and Vishnu Vinod remain unsold!

11:24 IST Rush Kalaria and Priyank Panchal remain unsold. Panchal was expected to attract a few bidders, disappointing for an emerging player.

11:23 IST Shivam Dubey and Praveen Dubey remain unsold!

11:21 IST Rahul Tewatia up for bid, this young lad is attracting bids as well. SOLD! for INR 25 lakhs to Kings XI Punjab.

11:20 IST Krishnappa Gowtham attracting the interests of many franchisees, the current bid is INR 2 crores. SOLD! Mumbai Indians had the last laugh!

.@RCBTweets chairman Amrit Thomas speaks about @tmills15‘s selection #IPLauction pic.twitter.com/9ldggj9DHM

— IndianPremierLeague (@IPL) February 20, 2017

11:18 IST Mahipal Lomror remains unsold!

11:16 IST First Afghanistan player gets picked, Sunrisers Hyderabad buy Mohammad Nabi for base price, INR 30 lakhs!

11:16 IST Akashdeep Nath, uncapped player remains unsold!

11:14 IST Another domestic player gets picked up at base price, Sunrisers Hyderabad buy Tanmay Agarwal for INR 10 lakhs!

11:13 IST Unmukt Chand and Afghanistan skipper Asghar Stanikzai remain unsold!

11:12 IST Ankit Bawane gets on board with Delhi Daredevils with base price INR 10 lakhs.

11:10 IST Domestic sensation Prithvi Shaw remains unsold.

11:07 IST We are back with live action, Domestic player Umang Sharma remains unsold at INR 10 lakhs base price.

11:02 IST Players who have been bought till now-
Nicholas Pooran (MI) INR 30 lakhs
Kagiso Rabada (DD) INR 5 crores
Trent Boult (KKR) INR 5 crores
Pat Cummins (DD) INR 4.5 crores
Ben Stokes (RPS) INR 14.5 crores,
Corey Anderson (DD) INR 1 crore,
Angelo Mathews (DD) INR 2 crores.
Pawan Negi (RCB) INR 1 crore
Eoin Morgan (KXIP) 2 crores

10:56 IST SHOCKING! No.1 T20 and ODI bowler Imran Tahir remains unsold.

10:54 IST Sri Lankan spin-bowler Lakshan Sandakan, Indian spinner Pragyan Ojha and Australian chinaman Brad Hogg remains unsold as well.

10:50 IST It’s time for spin bowlers to be introduced into the auction. New Zealand leg-spinner Ish Sodhi is up for the bidding. He remains unsold with base price of INR 30 lakhs,

10:48 IST India’s star bowler Ishant Sharma remains unsold, no bids offered! Kyle Abbott to remains unsold.

10:45 IST Mitchell Johnson, one of the hot pick before the auction is up for bidding now. Mumbai Indians who released him in December 2016 start the bidding. They win him back, that’s a well-struck bargain for Mumbai, Nita Ambani is happy again!

10:44 IST Pat Cummins from Australia is up for bidding now! Sold to Delhi Daredevils for INR 4.5 crores

10:41 IST SOLD!!! Tymal Mills will be thanking his stars for bowling that slower delivery to Yuvraj Singh in T20 series. He is on-board with Royal Challengers Bangalore for a whopping INR 12 crores!

10:40 IST The biggest surprise of this year’s auction. England bowler Tymal Mills attracts Royal Challengers Bangalore.

10:37 IST England bowler Tymal Mills is up for bidding and straightaway Mumbai Indians engage in bidding war with Royal Challengers Bangalore.

trent-boult

10:36 IST Trent Boult gets INR 5 crores as Kolkata Knight Riders had the last laugh in a bidding battle. Gautam Gambhir is happy!

10:33 IST Rabad sold to Delhi Daredevils for INR 5 crores, they have bought three players in the auction so far. Meanwhile, Sehwag laughs it off as he is not willing to go extra mile for Rabada.

10:31 IST South African pacer Kagiso Rabada is up for bidding, Kings XI Punjab and Delhi Daredevils involve in a bidding war. Virender Sehwag means serious business. He wants Rabada in his side.

10:31 IST It’s time for fast bowlers and the first player to feature this list is Nathan Coulter-Nile. He remains unsold!

10:29 IST Dinesh Chandimal at INR 30 lakhs base price remains unsold!

10:27 IST Nicholas Pooran is up for bidding at INR 30 lacs, Mumbai Indians start the bidding. SOLD! Nita Ambani is happy with this bargain, she seems like a woman who got a designer dress for a steal deal! Meanwhile, West Indies wicketkeeper-batsman Andre Fletcher remains unsold.

10:26 IST Jonny Bairstow too remains unsold. Meanwhile, Virender Sehwag smiles for the first time today.

10:25 IST Auctioneer Richard Madley is back! Ben Dunk is the first player up for bidding, remains unsold!

10:17 IST Stat Alert: Ben Stokes is the highest paid overseas player till date. He is only second to Yuvraj Singh who was bought for INR 16 crore by Delhi Daredevils.

players-sold

10:15 IST List of players sold till now-

Ben Stokes (RPS) INR 14.5 crores,
Corey Anderson (DD) INR 1 crore,
Angelo Mathews (DD) INR 2 crores.
Pawan Negi (RCB) INR 1 crore
Eoin Morgan (KXIP) 2 crores

.@RPSupergiants‘ Sanjiv Goenka on acquiring the services of @benstokes38 #IPLAuction pic.twitter.com/alFlQnVOvm

— IndianPremierLeague (@IPL) February 20, 2017

Fun Fact: Virender Sehwag has looked awfully serious during the IPL Auction so far.

10:09 IST The first all-rounder phase of IPL Auction is over.

10:05 IST England fast bowler Chris Jordan too remains unsold!

10:04 IST Sean Abbott remains unsold, his base price was 30 lakhs.

10:03 IST Corey Anderson, New Zealand all-rounder sold to Delhi Daredevils for 1 crore.

ben-stokes

10:02 IST SOLD!!! Ben Stokes sold for a whopping 14.5 crores to Rising Pune Supergiants.

9:59 IST Sunrisers Hyderabad have raised the bid to 13 crores, Hold that thought! RPS and SRH are bidding wildly for Stokes.

9:57 IST Looks like Ben Stokes will go to Delhi Daredevils for 10.5 crores. They desperately want Stokes for this year. They raise the bid for 12.5 crores.

9:54 IST Ben Stokes goes up for bidding, Royal Challengers Banglaore and Mumbai Indians engage in a fierce bidding battle. Delhi Daredevils join in to. He is surely the hot pick of the tournament.

9:52 IST Irfan Pathan is up for bidding. Will Indian war-horse attract any bidders?

9:51 IST Sri Lankan all-rounder Angelo Mathews up for bidding. Delhi Daredevils rope in another overseas player for 2 crore.

9:45 IST Pawan Negi who was bought for 8.5 crores in last year’s auction to Delhi Daredevils is up for the bidding. Stephen Fleming shows interest in Negi. Rising Pune Supergiants and Gujarat Lions engage in bidding war for him. Another bidder for Negi, Royal Challengers Bangalore have come in between. Oh wait! Sunrisers Hyderbad too are interested in Negi. Sheer luck for the all-rounder despite having an ordinary Syed Mushtaq Ali Trophy.

9:44 IST Sourabh Tiwary up for bidding, he remains unsold too. Franchisees have looked cautious so far in spending their money.

9:43 IST New Zealand veteran Ross Taylor is up for bidding. So far, no one has put up their bidding. Another surprise, Taylor remains unsold.

9;41 IST England opener Alex Hales is up for bidding. No bid for him yet, Hales remains unsold.

9:41 IST Faiz Fazal remains unsold!

9:40 IST Jason Roy remains unsold, quite strange that no teams bid for the fiery opener.

9:39 IST Jason Roy is up for the bidding, the English opener.

eoin-morgan-1

Eoin Morgan sold for his base price to Kings XI Punjab for INR 2 crores.

9:37 IST Eoin Morgan up for bidding. Kings XI Punjab starts the bidding for his base price.

9:37 IST Slow start to the IPL as New Zealand batsman Guptill remains unsold.

9:36 IST Martin Guptill is the first player up for bidding.

9:34 IST Welsh auctioneer Richard Medley is all set to start the auction.

9:30 IST Mumbai Indians owner Nita Ambani too arrives for the bidding. Stay tuned

9:29 IST Muttiah Muralitharan arrives at the auction.

9;28 IST Rising Pune Supergiants made a big decision yesterday as they sacked their skipper MS Dhoni. Australian skipper Steven Smith is expected to lead them this IPL.

9:26 IST Franchise owners and mentors have walked in for IPL Auction 2017. It will be a busy day for them.

9:18 IST A player who has not chosen a fair base price for the auction is Imran Tahir, The leg-spinner is ranked No.1 in both ODI and T20I rankings. He recently picked up a five-wicket haul in T20 match against New Zealand. He must have made Delhi Daredevils scratch their heads over releasing him in December.

9:13 IST There is a question mark whether Ishant Sharma will attract a bidding war or not. His fitness is the main reason because of which he might not fetch a good price. His base price is 2 lakhs for this year’s auction.

9:06 IST Ben Stokes with a base price of 2 lakhs will be under the radar of every franchise. Stokes made a terrific comeback at Eden Gardens agaisnt India after he was humiliated by West Indies all-rounder Carlos Brathwaite in ICC T20 World Cup Final.

This is my workplace for the rest of the day . That little gavel could be busy! #IPLAuction pic.twitter.com/Bq4mwURJqu

— Richard Madley (@iplauctioneer) February 20, 2017

9:01 IST Murali Karthik and Gaurav Chopra give the pre-feelers before the IPL Auction.

Take a look at how the franchises are placed in terms of their budget. VIVO #IPLAuction to begin shortly. Stay tuned pic.twitter.com/QqvnugJwEK

— IndianPremierLeague (@IPL) February 20, 2017

Welcome to InUth’s coverage of IPL Auction 2017. We will bring you live updates right from the auctioneer’s hammer seals the bid. IPL Auction 2017 kicks off today as franchisees will engage in a bidding war from a wide range of more than 350 available players. The auction season is back and we will soon be able to witness which player bags the highest bid or which player remains unsold after the last stamp of the auctioneer. Speculations have already started on which players will be the hot picks of the tournament.

Hot property of IPL Auction 2017:
Ben Stokes is no doubt the talk of the town before the auction, the all-rounder has attracted a lot of franchisees. Stokes can do damage with both bat and ball. Franchisees who will be expected to go the extra mile for this player are Kolkata Knight Riders and Mumbai Indians.

Fast bowlers going under the hammer are Ishant Sharma, Dale Steyn, Mitchell Johnson, Trent Boult, Chris Woakes, Kagiso Rabada, Taskin Ahmed.

Other players who will attract a bidding war are Irfan Pathan, Jason Holder, Corey Anderson, Imran Tahir, Eoin Morgan, Jason Roy, Alex Hales, Mitchell Santner and many others.

How IPL 2017 Auction will be carried out?
Despite a huge number of players on the auction list, each franchise can buy upto 25 players each in a single auction. The highest number of foreign players sold in the auction will be 76. As soon as the auctioneer starts the bid of a player from his base price, franchises will first increase their bids by 5 lakhs till the bid reaches 1 crore. From 1 to 3 crores, bids will increase by 10 lakhs. The bids will increase by 20 lakhs when the amount ranges from 3 to 5 crores. If any player’s bid goes beyond 5 crores, then the bid will be increased by franchisees with an interval of 50 lakhs.

From 1 to 3 crores, bids will increase by 10 lakhs. The bids will increase by 20 lakhs when the amount ranges from 3 to 5 crores. If any player’s bid goes beyond 5 crores, then the bid will be increased by franchisees with an interval of 50 lakhs.

Even if players who were not bidden upon can bag a deal when their names are announced for the second time. If they fail to attract a bid in the second phase too, they remain unsold for this year’s auction.

Franchise are going with this much cash in their purses (ascending order)-

Mumbai Indians (MI)– Rs 11.555 crore
Royal Challengers Bangalore (RCB)– Rs 12.825 crore
Gujarat Lions (GL) – Rs 14.35 crore
Rising Pune Supergiants (RPS) – Rs 19.1 crore
Kolkata Knight Riders (KKR) – Rs 19.75 crore
Sunrisers Hyderabad (SRH)– Rs 20.9 crore
Delhi Daredevils (DD) – Rs 21.5 crore
Kings XI Punjab (KXIP) – Rs 23.35 crore