Wednesday, 12 February 2014 00:00
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ESPNCricinfo: The 2014 IPL auction will be held Bangalore on 12 and 13 February, the seventh auction but the third in which the franchises will have to build their teams largely from scratch.
In the inaugural auction in 2008, most of the franchises had only a marquee player each around whom to form their teams. Ahead of the 2011 shake-up, when player contracts expired and two new teams were added, teams were allowed to retain up to four players ahead of the auction. This year, to preserve the core of their teams, franchises were allowed to retain up to five players and given a ‘Right to Match’ card to buy back some more of their players during the auction.
The auction purse in 2008 was $ 5 million. In 2011 it was $ 9 million. In 2014, the auction purse will be in Indian rupees for the first time; teams have INR 600,000,000 ($10 million approximately) to spend on their squads. Not only is the purse deeper than in previous mega-auctions, so is the pool of players to choose from with the addition of uncapped Indian players to the auction list.
A total of 514 players - 219 capped, 295 uncapped - will be part of the 2014 auction. They have been pooled into two sets of marquee players, which will be up for sale first, and subsequent sets according to their skills: batsman, wicketkeeper, fast bowler, spinner, allrounder. The sets - 53 in total - for capped and uncapped players are separate.