06 November,2019 08:21 AM IST | | PTI
RCB skipper Virat Kohli
The players' auction for the next Indian Premier League (IPL) will be held on December 19 in Kolkata, the event's Governing Council decided in a meeting here on Tuesday.
The glitzy league is usually held in April-May every year and players' auction is being conducted in Kolkata for the first time. The city is the home ground of the Shah Rukh Khan co-owned Kolkata Knight Riders franchise.
"The IPL auction will be in Kolkata on December 19. It's a departure from the traditional venue of Bengaluru," an IPL Governing Council member said on conditions of anonymity after the meeting here.
While the franchises were allotted Rs 82 crore each for IPL 2019, Rs 85 crore per team has been earmarked for the 2020 season.
ALSO READ
"Giving up on Test dream would be doing injustice to my younger self": Maxwell
"If Dhoni is available, he would certainly be CSK's first choice for retention"
"We need to score first-innings runs, but we haven't been doing it": Morkel
Santner's career-best, Latham's half-ton give NZ 301-run lead against India
"It is misconception that modern Indian batters are better playing spin": Doull
Every franchise will also have an additional purse of Rs three crore in addition to the balance in their kitties from the last auction.
Delhi Capitals have the biggest balance -- Rs 8.2 crore, followed by Rajasthan Royals at Rs 7.15 crore and Kolkata Knight Riders at Rs 6.05 crore.
This year's auction is the last one before the franchises disband and prepare to assemble fresh squads from 2021 at a mega auction.
Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates
This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever