The IPL 2021 auction will be held in Chennai on Thursday (Feb 18, 2021) and a total of 292 players will go under the hammer. There are some big international and Indian names in the list and it will be interesting to see how the teams react when some of the big names, released by the franchisees, are called out.
Kings XI Punjab, who will now be called as Punjab Kings, have the biggest purse and will rejig the line-up again. RCB too went for the jugular despite a play-offs finish last season.
CSK too will be looking to make some big buys to start afresh. Here is a look at how the 8 franchises are placed in terms of purse and slots left.
Available purse and team strengths of the team ahead of IPL 2021 mini auction
Chennai Super Kings (CSK)
Number of players: 18
Number of Overseas players: 7
Total money spent: ₹62.10 cr
Salary cap available: ₹22.90 cr
Available slot: 7
Overseas slot: 1
Delhi Capitals (DC)
Number of players: 19
Number of Overseas players: 6
Total money spent: ₹72.0982 cr
Salary cap available: ₹12.9018 cr
Available slot: 6
Overseas slot: 2
Punjab Kings
Number of players: 16
Number of Overseas players: 3
Total money spent: ₹31.80 cr
Salary cap available: ₹53.20 cr
Available slot: 9
Overseas slot: 5
Kolkata Knight Riders (KKR)
Number of players: 17
Number of Overseas players: 6
Total money spent: ₹74.25 cr
Salary cap available: ₹10.75 cr
Available slot: 8
Overseas slot: 2
Mumbai Indians (MI)
Number of players: 18
Number of Overseas players: 4
Total money spent: ₹69.65 cr
Salary cap available: ₹15.35 cr
Available slot: 8
Overseas slot: 2
Rajasthan Royals (RR)
Number of players: 17
Number of Overseas players: 5
Total money spent: ₹50.12 cr
Salary cap available: ₹34.85 cr
Available slot: 8
Overseas slot: 3
Royal Challengers Bangalore (RCB)
Number of players: 12
Number of Overseas players: 4
Total money spent: ₹49.10 cr
Salary cap available: ₹35.90 cr
Available slot: 13
Overseas slot: 4
Sunrisers Hyderabad (SRH)
Number of players: 22
Number of Overseas players: 7
Total money spent: ₹74.25 cr
Salary cap available: ₹10.75 cr
Available slot: 3
Overseas slot: 1
How Kings XI Punjab became Punjab Kings
Kings XI Punjab were on Wednesday renamed as Punjab Kings ahead of the 2021 IPL auction on Thursday in Chennai. A new logo was also unveiled on Wednesday.
Speaking about the new brand identity, team CEO Satish Menon said: "Punjab Kings is a more evolved brand name, and we understand it was a right time for us to move focus on the core brand itself."
"The change in brand identity is not about changing our brand ethos but celebrating our one-ness as we stand in unity like a family. The new logo honors the liveliness and vibrancy of the brand and provides modern elements, while we stand out from the rest of the teams."
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