IPL 2018

IPL 2018: Auctions set to take place on January 27, 28 in Bengaluru

IPL 2018: Auctions set to take place on January 27, 28 in Bengaluru

Auctions of the Indian Premier League’s 11th edition will be held in Bengaluru on January 27 and 28. The news was confirmed by a senior BCCI official.

“Since most of the capped players will be back in auction, it will be a mega auction that will be held in Bengaluru on January 27 and 28. Since Bengaluru has been hosting all previous auctions, that was the choice of franchises,” a senior BCCI official told PTI on Tuesday.

Franchises will each begin with an auction purse of INR 80 crores to build a 25-member (max) squad. This increase in purse value (up from INR 66 crores in 2017) is a direct consequence of the increased revenue for the league through title rights sale.

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