IPL 2020 Auction to be held in Kolkata

As earlier news suggested a mini-auction will be held ahead of the 13th edition of Indian Premier League (IPL) in December 2019. But this time the auction venue will be Kolkata.

The story

The auction for IPL 2020 will be held on December 19 in Kolkata according to a report by ESPNCricinfo. The current trading window will close on November 14 according to the report. The franchised were informed about the closing that earlier and each of them was allocated Rs. 85 crore for the 2020 season. In last season it was Rs. 82 crore for each franchise. The teams will also be allowed to use the money that was not spent during the previous IPL auction.

Delhi Capitals actively using the trade window

Delhi Capitals used the trading window has most actively. The Shreyas Iyer-led franchise bought Mayank Markande from Mumbai Indians and released West Indies all-rounder Sherfane Rutherford. The Capitals are also in talks with Kings XI Punjab in a bid to sign their current skipper Ravichandran Ashwin. R Ashwin signed by Kings XI Punjab at the 2018 auction for Rs 7.6 crore but led the franchise in 14 matches without providing great results. Individually he was effective and scalped 15 wickets in this year’s IPL. Mentor Sourav Ganguly showed interest in signing R Ashwin as well but financial negotiations are reportedly the reason for the delay for the high-profile transfer. Meanwhile, Delhi Capitals were also keen over signing Rajasthan Royals’ Ajinkya Rahane for IPL 2020.

With a mega auction set for 2021, all eight franchises will look for utilizing this mini-auction effectively. As on now funds remaining with the franchises ahead of IPL 2020 Auction are, Chennai Super Kings – Rs 3.2 crore, Delhi Capitals – Rs 7.7 crore, Kings XI Punjab – Rs 3.7 crore, Kolkata Knight Riders – Rs 6.05 crore, Mumbai Indians – Rs 3.55 crore, Rajasthan Royals – Rs 7.15 crore, Royal Challengers Bangalore – Rs 1.80 crore, Sunrisers Hyderabad – Rs 5.30 crore.

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As earlier news suggested a mini-auction will be held ahead of the 13th edition of Indian Premier League (IPL) in December 2019. But this time the auction venue will be Kolkata.

The story

The auction for IPL 2020 will be held on December 19 in Kolkata according to a report by ESPNCricinfo. The current trading window will close on November 14 according to the report. The franchised were informed about the closing that earlier and each of them was allocated Rs. 85 crore for the 2020 season. In last season it was Rs. 82 crore for each franchise. The teams will also be allowed to use the money that was not spent during the previous IPL auction.

Delhi Capitals actively using the trade window

Delhi Capitals used the trading window has most actively. The Shreyas Iyer-led franchise bought Mayank Markande from Mumbai Indians and released West Indies all-rounder Sherfane Rutherford. The Capitals are also in talks with Kings XI Punjab in a bid to sign their current skipper Ravichandran Ashwin. R Ashwin signed by Kings XI Punjab at the 2018 auction for Rs 7.6 crore but led the franchise in 14 matches without providing great results. Individually he was effective and scalped 15 wickets in this year’s IPL. Mentor Sourav Ganguly showed interest in signing R Ashwin as well but financial negotiations are reportedly the reason for the delay for the high-profile transfer. Meanwhile, Delhi Capitals were also keen over signing Rajasthan Royals’ Ajinkya Rahane for IPL 2020. With a mega auction set for 2021, all eight franchises will look for utilizing this mini-auction effectively. As on now funds remaining with the franchises ahead of IPL 2020 Auction are, Chennai Super Kings - Rs 3.2 crore, Delhi Capitals - Rs 7.7 crore, Kings XI Punjab - Rs 3.7 crore, Kolkata Knight Riders - Rs 6.05 crore, Mumbai Indians - Rs 3.55 crore, Rajasthan Royals - Rs 7.15 crore, Royal Challengers Bangalore - Rs 1.80 crore, Sunrisers Hyderabad - Rs 5.30 crore.
Stay updated with all the cricketing action, follow Cricadium on Facebook, Twitter, and Instagram