Indian T20 League 2021: Auction to be held on February 18 in Chennai
The Indian T20 League has announced that the mini-auction for the 14th edition will be held on February 18 in Chennai. The announcement comes after the day-long event was initially rumoured to be held on February 11.
The eight franchises had earlier announced their list of retained and released players on January 20, and the Indian players, who don't have a contract and wish to be a part of the auction, will need to fill the player auction agreement and submit it online on February 4 by 5 pm. The originals can be sent by post by February 12.
According to multiple reports, the 14th season of the cash-rich tournament was slated to be held in its original April-May window but given the rising cases due to the pandemic, it is unclear if it will be held in India.
A three-member Governing Council, headed by Brijesh Patel, have kept their options open and have listed UAE, where the 2020 edition was held, as a potential venue.
Ahead of the 2021 auction, team Punjab have the biggest purse to make changes to their team roster while Delhi, the runner-up in the 2020 edition, have the lowest amount of funds to spend on recruiting new members.
Here's the remaining purse for all eight franchises
Chennai: ₹22.9 crore
Bangalore: ₹35.7 crore
Rajasthan: ₹34.85 crore
Punjab: ₹53.2 crore
Mumbai: ₹15.35 crore
Hyderabad: ₹10.75 crore
Kolkata: ₹10.85 crore
Delhi: ₹9 crore
Feature Image courtesy: Twitter / IPL