#IPLAuction2022: Dates for mega auction announced, here are the details

Bengaluru:

The dates for the mega auction of Indian Premier League 2022 have been finalised and the event will take place in Bengaluru on 7th and 8th February.

Board of Cricket Control is yet to make the official statement but reports have surfaced unveiling the details of the event that will decide the players of different franchises for IPL 2022.

Though, these dates are in clash with an ODI match between India and West Indies but the board has assured that the match will have no bearing on auction proceedings.

Last month, all the existing IPL franchises revealed the list of their retained players ahead of the mega auction of the upcoming season.

MS Dhoni, Virat Kohli, Rohit Sharma, Jasprit Bumrah, Sunil Narine, Andre Russell, and Glenn Maxwell are among some of the big names that the existing franchises have decided to retain for IPL 2022.

Meanwhile, the two new IPL franchises — Lucknow and Ahmedabad have a budget of Rs 33 crore to pick three players who go back into the pool before the mega auction begins.

The rules for the existing franchises who decided to retain players were, they will be debited Rs 16 crore for the first player, Rs 12 crore for the second player, Rs 8 crore for the third player, and Rs 6 crore for the fourth player and the total deduction will be 42 crore.

For the eight franchises, rules were that they cannot retain more than three Indians (capped/uncapped). They cannot retain more than two overseas players and not more than two uncapped Indian players.

For the two new franchises — Lucknow and Ahmedabad — they cannot pick more than two Indian players (capped/uncapped). They cannot pick more than one overseas player and more than one Indian uncapped player.

Apart from RPSG who won the bid for the Lucknow franchise, the Irelia Company Pte Ltd (CVC Capital Partners) won the bid for the Ahmedabad franchise (for INR 5,625 crores)

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