IPL player auction on Feb. 20

The teams can have a maximum of 27 players including nine overseas players. A maximum of 76 players, including 28 overseas, can be bought at the auction.

Sunrisers Hyderabad is the defending champion of the IPL.

The 2017 VIVO IPL Player Auction will be held on Monday, February 20, 2017, at the Ritz-Carlton, Bengaluru. The IPL franchises will go into the player auction with a maximum of Rs. 143.33 crore purse for the 2017 season.

The teams can have a maximum of 27 players including nine overseas players. A maximum of 76 players, including 28 overseas, can be bought at the auction.

Of the franchises, Kings XI Punjab has a balance purse of Rs. 23.35 crore in hand, while Gujarat Lions has a balance of Rs. 14.35 crore.

So far, more than 750 players have registered for this year's Player Auction. The deadline for player registration ends today.

Interestingly, the first IPL Player auction in the year 2008 was also held on February 20.

The VIVO IPL Player Auction will be followed by a day long IPL Franchise Workshop on February 21.