IPL 2021 Auction: From purse balance to remaining slots, all you need to know

IPL 2021 auction date: IPL 2021 player auction is all set to take place in Chennai on Thursday where a total of 292 players including some big names go under the hammer. All eight teams — Kings XI Punjab, Mumbai Indians, Kolkata Knight Riders, Delhi Capitals, Rajasthan Royals, Chennai Super Kings, Royal Challengers Bangalore, Sunrisers Hyderabad — would look to add some quality players to their squads. Kings XI Punjab (KXIP) is having the highest purse balance remaining i.e. Rs 53.20 crore followed by Rajasthan Royals which has Rs 37.85 crore to spend. Also Read | IPL 2021 player auction list out; have a look at who'll go under hammer It is pertinent to mention that the Board of Control for Cricket in India has made it mandatory for all eight teams to spend at least 75 percent of their total purse - Rs 85 crore. Therefore, both Kings XI Punjab and Rajasthan Royals will be looking to spend the money on the players they want. Also Read | IND vs ENG 2nd Test: Ravichandran Ashwin stars as India thrash England by 317 runs Ahead of the IPL 2021 player auction, have a look at the remaining balance in the purse of all eight teams and the slots they have to fulfill. 1) Mumbai Indians Available slots: 7 Overseas slots: 4 Salary cap available: Rs 15.35 crore 2) Chennai Super Kings Available slots: 6 Overseas slots: 1 Salary cap available: Rs 19.90 crore 3) Kolkata Knight Riders Available slots: 8 Overseas slots: 2 Salary cap available: Rs 10.75 crore 4) Royal Challengers Bangalore Available slots: 11 Overseas slots: 3 Salary cap available: Rs 35.40 crore 5) Kings XI Punjab Available slots: 9 Overseas slots: 5 Salary cap available: Rs 53.20 crore 6) Delhi Capitals Available slots: 8 Overseas slots: 3 Salary cap available: Rs 13.4 crore 7) Rajasthan Royals Available slots: 9 Overseas slots: 3 Salary cap available: Rs 37.85 crore 8) Sunrisers Hyderabad Available slots: 3 Overseas slots: 1 Salary cap available: Rs 10.75 crore IPL 2021 auction date and time: The auction this year will be held on February 18, 2021, in Chennai from 3:00 pm IST. Click here for latest updates on Sports.  -PTC News