IPL Auction 2022: Auction Sequence, Date & Time, Purse Available with teams- All that you need to know

IPL Auction 2022: Auction Sequence, Date & Time, Purse Available with teams- All that you need to know

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11 Feb 2022
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Cricket

All the die-hard IPL lovers it’s time to hold your popcorn buckets & watch which players your favourite team will bid for! Yes, your long wait is over as the much anticipated IPL 2022 Auction is just a few hours away from commencement.

IPL Auction 2022

Around 590 players will go under the hammer in the IPL 2022 Mega Auction slated to be held on February 12 & 13 in Bangalore. The IPL Governing Council has decided that only 161 players out of 590 will be auctioned on Day 1 & the rest of the players will be auctioned on the second day.

The sequence of Auction Process

The IPL Auction 2022 will begin with a set of 10 marquee players including R Ashwin, Trent Boult, Pat Cummins, Quinton De Kock, Shikhar Dhawan, Faf DuPlessis, Shreyas Iyer, Kagiso Rabada,  Mohammad Shami, David Warner going under the hammer. These are the most wanted players who will be auctioned at the beginning of the process.

 

Other than these players the others have been divided into different sets based on their speciality so far. There are 62 sets of players along with the marquee set. After the auction of the marquee set, a full round of capped players will go under the gavel based on the specialization- batters, all-rounders, wicketkeeper-batters, fast bowlers, and spin bowlers.

 

After capped players, uncapped players will be the last set of players in the auction sequence. Unlike the last mega auction in 2018, the IPL GC has decided not to have a Right to Match option this time. Only 161 players will be up for bidding on Saturday while the second day of the IPL 2022 Auction will start with an accelerated bidding process.

Accelerated Process of IPL 2022 Auction

The accelerated process will begin on day 2 of the auction. At the end of the first day of the IPL 2022 Auction, the franchisees will be asked to nominate from the remaining pool of the players they would be interested to bid in. The players named by the franchisees will then go under the hammer on Sunday. This process will be repeated again if any franchise wants to bid for the unsold players.

Date, Time & Venue of the Auction

Contrary to various reports doing rounds, IPL 2022 Auction will take place at 12 pm. The IPL franchises will assemble in the auction hall by 11 pm. This is the 5th mega IPL auction in 15 years. The auction will take place in the Hotel ITC Gardenia in Bangalore.

Live Telecast of the IPL 2022 Auction

The auction will be broadcasted LIVE on the Star Sports network in India. The official broadcaster will broadcast the auction LIVE on 8 Network Channels & 5 Languages.

Number of Players Available for the Auction

A total of 33 players are already retained by the 10 IPL team this means a total of 217 slots are available at the IPL 2022 Auction.

 

The BCCI has initially declared in its official release that a total of 590 players (370 Indian & 220 foreign) will be available for grabs. This shortlist was extracted from the original list of 1214 players based on the wishlist sent by the ten franchises.

 

However, at the request of the franchisees, the BCCI has added another 10 players to the list of 590 players. The details of the same are still awaited from the BCCI.

Minimum & maximum Players each team should have in their squad

Each team should have a minimum of 18 players & a maximum of 25 players in their squad. Each squad can have at the most eight overseas players in their line-up.

Auction purse available with each team

Each team cannot spend more than 90 crores in the auction. However, there is no limit to how much a franchise can bid on one single player but under no situation, a franchise purse for buying an entire squad could exceed the 90 crore threshold.

 

Punjab Kings will enter the auction with the highest player purse of 72 Cr. Delhi Capitals will have the lowest amount of monies to spend at the auction i.e.47.5 Cr.

 

The lowest bid for a player is 20 lakh & the highest is INR 2 crore.

 

As per the BCCI’s released list, the ten marquee players are marked for 2 crores. Overall, there are 48 players (17 Indian & 31 foreign) with a base price of INR 2 crore & then the base price gets reduced to 1.5 crores, 1 crore, 75 lakh, 50 lakh, 40 lakh, 30 lakh, and 20 lakh.

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