IPL Auction 2020: date, venue, remaining money of every franchise.
The BCCI is set to hold the Indian Premier League (IPL) auction for the 2020 season on December 19 in Kolkata instead of Bengaluru this year 2019.
The reports add that the franchises were informed on Monday that the window for trading/transferring players window will be closed on November 14.
All franchises were originally handed Rs. 85 crore to spend in the auction for the 2020 eason. The teams will also have Rs. 3 crore as an additional amount as well as whatever the balance in their respective purses were from the last auction.
The team with the biggest balance is the Delhi Capitals, who have Rs. 8.2 crore. They are followed by Rajasthan Royals, whose balance is Rs. 7.15 crore.
This year's auction will be the final small one before the franchises will have to come up with fresh squads in the 2021 auction. The last such auction to take place was in 2018, when franchises were allowed to retain 5 players.
IPL 2020 auction details
Date: December 19
Venue: Kolkata
Salary purse remaining with each franchise
Delhi Capitals: ₹8.2 crores
Rajasthan Royals: ₹7.15 crores
Kolkata Knight Riders: ₹6.05 crores
Sunrisers Hyderabad: ₹5.3 crores
Kings XI Punjab: ₹3.7 crores
Chennai Super Kings: ₹3.2 crores
Mumbai Indians: ₹3.05 crores
Royal Challengers Bangalore: ₹1.8
crores
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