"Yes, the auction will be held in Bengaluru on January 27 and 28, where most of the capped players will be up for sale," the official told IANS.
This year's auction will see the return of Chennai Super Kings and Rajasthan Royals after completing their two-year ban from the cash-rich tournament.
The auction will also see teams having an increased budget of Rs 80 crore from the previous Rs 66 crore.
In all five players can be secured by a franchise, which includes three Right to Match cards or three retained.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
About VDC
Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.