IPL Auction 2019: How much money is left with each franchise?
The Indian Premier League fever is back as the teams get ready for the auction which is to take place in Jaipur on December 18. However, it will not be a grand affair like last time, which saw complete squad overhauls.
A few big transfers were already announced earlier with Sunrisers Hyderabad's Shikhar Dhawan making a switch to the Delhi Daredevils and Royal Challengers Bangalore's Quinton de Kock moving to the Mumbai Indians.
During last season's auction, a whopping ₹ 431.7 crores were spent over the two days. We can expect the amount to be a lot lesser this time but we can surely expect a few exciting signings in the process as well.
The salary cap for each team risen from ₹ 80 to 82 crore for the season.
So, let's take a look at the amount of money left in each team's purse for the upcoming auction:
#8 Royal Challengers Bangalore:
RCB had yet another season to forget last time around, finishing sixth on the table. Apart from Virat Kohli and AB de Villiers, none of the other batsmen really made a mark for themselves.
This time around, they have already let go of Quinton de Kock and released many players as well. However, they did go on to trade Mandeep Singh for KXIP all-rounder Marcus Stoinis.
They have Rs 18.15 crore left with them.
#7 Sunrisers Hyderabad
Last year's table-toppers and runners-up, Sunrisers Hyderabad, let go of Shikhar Dhawan prior to the auction. In exchange, they received Vijay Shankar, Shahbaz Nadeem, and Abhishek Sharma.
Additionally, they released 9 players.
They have a lot of talented players in their squad, who performed well last season. We can expect them to not make too many changes to their winning combination this season.
They have ₹ 9.70 crores left with them for the auction.