Vivo IPL 2018 Starting Date, Time & Venues
The player auction for the 2018 Indian Premier League was held in Bangalore on 27 and 28 January 2018.
The salary cap for the season was increased from ₹66 crore to ₹80 crore, with all franchises needing to spend at least 75 percent of the amount.
In total 1122 players signed up to be a part of the auction. The team requested a addition of 9 players in the IPL longlist including Nepalese spinner Sandeep Lamichhane who became the first Nepalese to be listed in IPL auction.
The list was shortlisted to the total of 578 players including 360 Indians. This was the first time that both capped and uncapped players were going to be auctioned on the same day.
The shortlist included 62 capped Indians and 298 uncapped Indian cricketers along with 182 capped overseas cricketers, 34 uncapped overseas players and 2 cricketers from Associate Nations.
169 players (104 Indians and 56 Overseas) were sold at auction.
Ben Stokes fetched the highest bid of ₹12.5 crore (US$1.95 million).
Jaydev Unadkat was the most costly Indian player at ₹11.5 crore (US$1.80 million).
Among uncapped players Krunal Pandya was most expensive at ₹8.8 crore(US$1.38 million).
Many prominent players such as Lasith Malinga, Dale Steyn, Ishant Sharma, Hashim Amla and Joe Root remain unsold.