IPL 2018 Auction : Date, time, player list, rules and format

IPL 2018 Auction : Date, time, player list, rules and format 

All you need to know about the 2018 IPL auction.

The 2018 VIVO IPL auction is around the corner and the franchises would have figured out on what their team needs ahead of the event. A total of 578 players including 360 Indians and 218 overseas players will go under the hammer in the auction. As many as 198 cricketers can be picked by all the eight teams in the auction. 

The franchisees have been allotted a purse of 80 crores INR for the auction. The money spent by them in retaining the players will come under the total purse and the franchisees can use the remaining money in the auction. Each team can have a maximum of 27 players out of which 9 can be overseas professionals.

IPL auction 2018 date: 27 and 28 January 2018 (Saturday and Sunday)

IPL auction 2018 venue: Ritz-Carlton, Bengaluru

IPL auction 2018 time: 9 AM IST