New Delhi: The players’ auction for the next Indian Premier League (IPL) will be held at Kolkata for the first time, on December 19.
The West Bengal capital is home to the Kolkata Knight Riders, co-owned by Bollywood star Shah Rukh Khan. The auctions have mostly been held in Bengaluru so far.
The trading window that is currently open will close on November 14, and all the franchises were informed about it on Monday, according to a report in ‘ESPNCricinfo’.
While the franchises were allotted Rs 82 crore each for the IPL 2019, Rs 85 crore have been allocated for the 2020 season.
The franchises were originally allotted Rs 85 crore to build their teams for 2020. Every franchise will also have an additional purse of Rs three crore in addition to the balance in their kitties from the last auction. (PTI)