IPL 2021 Auction, Purse of Each Team: Here’s How Much Money Franchises Can Spend on During Indian Premier League Bidding
Kings XI Punjab targeted a massive overhaul and released as many as nine players from the previous edition, which included big-money signings like Maxwell and Sheldon Cottrell. Maxwell was picked for INR 10.75cr while Cottrell was bought for INR 8.5cr. KXIP have the biggest purse available among all teams and can spend up to INR 53.2 crore.
All eight IPL teams announced their full list of retained and released players on January 20 (Thursday) ahead of the upcoming Indian Premier League (IPL) players auction. As many as 139 players were retained by the franchises while 57 players were released, which included some big names like Glenn Maxwell, Lasith Malinga and Aaron Finch. The IPL 2021 auction is set to be held on February 18, 2021 (Thursday) and teams have already planned for the road ahead but must make deals within the purse available to them after retentions. IPL 2021: Full List of Players Released and Retained Ahead of Indian Premier League Season 14 Auction.
Kings XI Punjab targeted a massive overhaul of their squad and released as many as nine players from the previous edition, which included big-money signings like Maxwell and Sheldon Cottrell. Maxwell was picked for INR 10.75cr last IPL while Cottrell was bought for INR 8.5cr. KXIP have the biggest purse available among all eight teams and can spend up to INR 53.2 crore. IPL 2021: Chennai Super Kings Trade Robin Uthappa From Rajasthan Royals Ahead of Players Auction.
Royal Challengers Bangalore also undertook a complete overhaul and released 10 players from their squad of 22 from the previous IPL season and now have the second biggest purse available for the IPL 2021 players auction. Take a look at the money available or the money each team can spend in the IPL 2021 players auction.
Remaining Purse of All Eight IPL Teams Before IPL 2021 Players Auction
| Sr No | Teams | Purse in Crore (Cr) |
| 1 | Chennai Super Kings | 22.9 |
| 2 | Kings XI Punjab | 53.2 |
| 3 | Rajasthan Royals | 34.85 |
| 4 | Sunrisers Hyderabad | 10.75 |
| 5 | Delhi Capitals | 9 |
| 6 | Kolkata Knight Riders | 10.85 |
| 7 | Royal Challengers Bangalore | 35.7 |
| 8 | Mumbai Indians | 15.35 |
Kolkata Knight Riders and Sunrisers Hyderabad released the least number of players with both teams releasing only five players each, most of whom were backups. Mumbai Indians released their entire overseas pace-attack, barring Trent Boult. Nathan Coulter-Nile, James Pattinson, Mitchell McClenaghan were released while Malinga had informed the team of his decision to retire from franchise cricket. The defending and five-time champions, however, have INR 15.35cr to buy a great foreign pacer.
(The above story first appeared on LatestLY on Jan 21, 2021 11:36 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).