Top names like Yuvraj Singh, Gautam Gambhir, Brendon McCullum and Mitchell Starc will be up for grabs with their respective franchises releasing them into the auction pool.
A maximum of 70 slots are available to be filled, with 50 of those being for Indian players.
Kings XI Punjab have the maximum budget available for the auction, with Rs. 36.20 crores in their purse. They released 11 players from their squad for the 2018 season, and have 15 slots to fill. Chennai Super Kings, the defending champions, have the least budget of Rs. 8.4 crores having released just two players from their winning squad.
The auction is expected to be a short, but possibly interesting one given there is a little uncertainty over the venue for the tournament, and availability of foreign players. The parliamentary elections could clash with the IPL's schedule, which could force the tournament out of the country like in 2009 (South Arica) and partly in 2014 (UAE).
The World Cup is scheduled to happen right after the IPL, which could force some boards to hold back their key players.
First Published: December 3, 2018, 8:08 PM IST