IPL Auction 2022: Two-day event in Bengaluru begins, team officials start arriving

The live proceedings of the IPL 2022 auction are expected to start at 12 pm IST on Saturday (February 12) and Sunday (February 13) at Hotel ITC Gardenia in Bengaluru.

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A two-day event in Bengaluru on February 12 and 13 will begin when all IPL franchises will try to splurge big money to acquire the services of some of the finest talent. The mega auction is back after a four-year gap with a total of 590 cricketers set to go under the hammer. The IPL auction will be different this year. Two new teams, fresh combinations and perhaps more million-dollar buys.

Among the 590 cricketers, a total of 228 are capped players while 355 are uncapped and seven belong to associate nations. The upcoming IPL season will also be a 10-team affair with the inclusion of two new franchises: Gujarat Titans and Lucknow Super Giants, who paid a combined $1.71 billion to be part of the lucrative T20 league.

The live proceedings of the IPL 2022 auction are expected to start at 12 pm IST on Saturday (February 12) and Sunday (February 13) at Hotel ITC Gardenia in Bengaluru.

Two new additions to the league, Gujarat Titans and Lucknow Supergiants have added three players each to their force. The Gujarat Titans has bought Hardik Pandya, Shubman Gill and Rashid Khan, while Lucknow Supergiants has roped in KL Rahul, Marcus Stoinis and Ravi Bishnoi. The other eight franchises, the existing teams have retained 27 players. Kolkata Knight Riders, Chennai Super Kings, Mumbai Indians and Delhi Capitals have retained a maximum of four players.

Retained Players:-

Mumbai Indians: Rohit Sharma (16 crore), Jasprit Bumrah (12 crore), Suryakumar Yadav(8 crore), Kieron Pollard (6 crore).

Chennai Super Kings: Ravindra Jadeja (16 crore), MS Dhoni (12 crore), Moeen Ali (8 crore), Ruturaj Gaikwad (6 crore).

Royal Challengers Bangalore: Virat Kohli (15 crore), Glenn Maxwell (11 crore), Mohammed Siraj (7 crore).

Punjab Kings: Mayank Agarwal (12 crore, 14 crore to be deducted from overall purse) and Arshdeep Singh (4 crore).

Sunrisers Hyderabad: Kane Williamson (14 crore), Abdul Samad (4 crore), Umran Malik (4 crore).

Rajasthan Royals: Sanju Samson (14 crore), Jos Buttler (10 crore), Yashasvi Jaiswal (4 crore).

Kolkata Knight Riders: Andre Russell (12 crore, 16 crore to be deducted from purse), Varun Chakravarthy (8 crore, 12 crore to be deducted from purse), Venkatesh Iyer (8 crore), Sunil Narine (6 crore).

Delhi Capitals: Rishabh Pant (16 crore), Axar Patel (9 crore, 12 crore to be deducted from purse), Prithvi Shaw (7.5 crore, 8 crore to be deducted from purse), Anrich Nortje (6.5 crore)

Gujarat Titans: Hardik Pandya (INR 15 crores), Rashid Khan (INR 15 crores), Shubman Gill (INR 8 crores)

Lucknow Super Giants: KL Rahul (INR 17 crore), Marcus Stoinis (INR 9.2 crore), Ravi Bishnoi (INR 4 crore)

The remaining purse value of each team:-

Punjab Kings – 72 Cr, SunRisers Hyderabad – 68 Cr, Rajasthan Royals – 62 Cr, Royal Challengers Bangalore – 57 Cr, Mumbai Indians – 48 Cr, Chennai Super Kings – 48 Cr, Kolkata Knight Riders – 48 Cr, Delhi Capitals – 47.5 Cr, Lucknow Supergiants – 60 Cr, Gujarat Titans – 53 Cr

161 players will come under hammer on Day 1 of the event on Saturday. The second day will have an accelerated process, where franchises put up a common wish-list of players they want to be auctioned.

Among the 590 players, a total of 228 are capped players, 355 are uncapped and seven belong to associate nations.

A total of 370 Indian players and 220 overseas cricketers will be up for grabs, with as many as 48 players having chosen to place themselves in the ₹2 crore bracket. There are 20 players in the auction list with a reserve price of ₹1.5 crore while 34 are on the list of cricketers with a reserve price of ₹1 crore.

Each team should have a minimum of 18 players and a maximum of 25 players in their squad at the end of the event. For that, each franchise needs to spend a minimum of INR 67.5 crore from their total purse of INR 90 crore. Also, each team can have a maximum of eight overseas players in their squad.

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