IPL Auctions on 16th February

IPL 2015 Auction DateThe excitement is increasing as the IPL 2015 is approaching. There have already been two trading windows that are now closed, and the next exciting event is the IPL Player Auction that will be taking place on 16th February 2015.

The squads have made their decisions regarding which players will be retained, and which have been excluded. There were 123 players that were retained from last year. Of the players that have been retained there are 79 Indian players and 44 players that come from other countries. Each franchise was allowed to make its own decisions regarding which players to keep and which to let go.

While keeping some players on allows for the necessary continuity from one IPL to the next, this also gives the squads a chance to keep those players who will help take them to a win, and to join the Auction in order to add more good players to their teams. Many of the players that have been released from teams will be among the players available at the Player Auction.

Each team has a salary purse of Rs 63 crores available for the entire squad. This amount is a 5% increase over the past year.

The most recent player to be traded was Mandeep Singh who was traded to the Royal Challengers Bangalore from Kings XI Punjab. This was the sixth and final trade before the second trading window closed. There will be another trading window after the Auction.

There were five other players that were traded including Iqbal Abdulla who came from the Rajasthan Royals, Parthiv Patel from the Royal Challengers Bangalore, and Manvinder Bisia from the Kolkata Knight Riders. These three players moved to the Royal Challengers Bangalore. Unmukt Chand is moving from Rajasthan Royals, and R. Vinay Kumar moving from the Kolkata Knight Riders are moving to the Mumbai Indians.