Written By: Alex Maathai

The IPL 2027 Auction is a mini auction on December 16, 2026 at the ITC Grand Goa, with a franchise briefing on December 15. All 10 franchises must send their retained and released lists to the BCCI by November 17, 2026.

Each team has a salary cap of INR 157 crore, no Right to Match card, and a 25-player squad cap. KKR hold the biggest purse at INR 64.30 crore, while Mumbai Indians have just INR 2.75 crore. Full guide below.

IPL 2027 Auction Date, Time and Venue

The auction is a single-day event in Goa. It is the first IPL auction in Goa and the first in India in several years, after the previous one was held in Abu Dhabi.

DetailInformation
EventIPL 2027 Mini Auction
Auction DateDecember 16, 2026
Franchise BriefingDecember 15, 2026
VenueITC Grand Goa, Goa, India
Retention DeadlineNovember 17, 2026
Teams10
Salary CapINR 157 crore per team
Right to MatchNot available
Squad SizeUp to 25 players (max 8 overseas)

IPL 2027 Mini Auction vs Mega Auction

This is a mini auction, so teams keep their core squads and bid only for the slots they free up. There is no fixed retention limit. Each franchise decides how many players to keep or release within the 25-player cap.

IPL 2027 Mini Auction
Source: Firstpost

The next mega auction is scheduled before the 2028 season. IPL 2027 will be the 20th edition of the league. The season is reportedly set for March 14 to May 30, 2027, though the BCCI has not officially confirmed this.

IPL 2027 Auction Rules and Salary Cap

  • Salary cap: INR 157 crore per team, covering the auction purse, incremental performance pay and match fees.
  • Overseas players: Up to 8 in a squad, with no more than 4 in the playing XI on any matchday.
  • Right to Match: Not available. A team that releases a player must win him in open bidding like any other franchise.
  • Squad size: Maximum 25 players.
  • Purse limit: No team can go beyond its remaining purse during bidding.

IPL 2027 Retention Deadline and Trade Window

Every franchise must submit its retained and released players to the BCCI by November 17, 2026. The trade window opened one month after IPL 2026 ended and closes one week before the auction.

Once the lists are public, the final purse for each team will be clear. The numbers below are starting balances before retention deductions.

IPL 2027 Auction Purse Remaining for All 10 Teams

These are the purse balances left after the IPL 2026 auction, adjusted for confirmed trades.

TeamPurse RemainingSquad Slots Available
Kolkata Knight Riders (KKR)INR 64.30 crore13 (6 overseas)
Chennai Super Kings (CSK)INR 43.40 crore9 (4 overseas)
Sunrisers Hyderabad (SRH)INR 25.50 croreTo be confirmed
Lucknow Super Giants (LSG)INR 22.95 croreTo be confirmed
Delhi Capitals (DC)INR 21.80 croreTo be confirmed
Royal Challengers Bengaluru (RCB)INR 16.40 croreTo be confirmed
Rajasthan Royals (RR)INR 16.05 croreTo be confirmed
Gujarat Titans (GT)INR 12.90 croreTo be confirmed
Punjab Kings (PBKS)INR 11.50 croreTo be confirmed
Mumbai Indians (MI)INR 2.75 crore5

KKR have by far the most flexibility. MI carry the smallest purse any team has taken into an IPL auction, because they held their full core in 2026.

IPL 2027 Confirmed Trades

Sixteen moves are confirmed ahead of the retention deadline.

PlayerFromToType
Rishabh PantLucknow Super GiantsDelhi CapitalsTrade
Kuldeep YadavDelhi CapitalsLucknow Super GiantsTrade
T. NatarajanDelhi CapitalsSunrisers HyderabadTrade
Zeeshan AnsariSunrisers HyderabadDelhi CapitalsTrade
Liam LivingstoneSunrisers HyderabadChennai Super KingsTrade
Jack EdwardsSunrisers HyderabadChennai Super KingsTrade
Khaleel AhmedChennai Super KingsSunrisers HyderabadTrade
Nathan EllisChennai Super KingsSunrisers HyderabadTrade
Hardik PandyaMumbai IndiansPunjab KingsTrade
Arshdeep SinghPunjab KingsMumbai IndiansTrade
Sanju SamsonRajasthan RoyalsChennai Super KingsTrade
Ravindra JadejaChennai Super KingsRajasthan RoyalsTrade
Sam CurranChennai Super KingsRajasthan RoyalsTrade
Shardul ThakurLucknow Super GiantsMumbai IndiansCash deal
Sherfane RutherfordGujarat TitansMumbai IndiansTrade
Arjun TendulkarMumbai IndiansLucknow Super GiantsTrade

IPL 2027 Retentions and Releases: Team by Team

Official lists are due on November 17. The names below combine confirmed trades with widely reported expectations, so treat the cores as expected, not final.

Chennai Super Kings (CSK) at the IPL 2027 Auction

CSK missed the 2026 playoffs and lost head coach Stephen Fleming in July 2026. They brought in Sanju Samson and sent out Ravindra Jadeja and Sam Curran. MS Dhoni sat out IPL 2026 with an injury, and his 2027 status is the most watched decision in the squad.

  • Purse: INR 43.40 crore
  • Expected core: Ruturaj Gaikwad, MS Dhoni, Sanju Samson, Shivam Dube, Noor Ahmad, Anshul Kamboj
  • Trades in: Sanju Samson, Liam Livingstone, Jack Edwards
  • Trades out: Ravindra Jadeja, Sam Curran, Khaleel Ahmed, Nathan Ellis
  • Top need: Overseas spin-bowling allrounder and a head coach

Mumbai Indians (MI) at the IPL 2027 Auction

MI trade Hardik Pandya to Punjab Kings for Arshdeep Singh and have not yet named a new captain. Jasprit Bumrah, Rohit Sharma, Suryakumar Yadav and Tilak Varma form a core that leaves almost no room to spend.

  • Purse: INR 2.75 crore
  • Expected core: Rohit Sharma, Jasprit Bumrah, Arshdeep Singh, Suryakumar Yadav, Tilak Varma
  • Trades in: Shardul Thakur, Sherfane Rutherford, Arshdeep Singh
  • Trades out: Arjun Tendulkar, Hardik Pandya
  • Top need: Bench depth on a tiny budget

Royal Challengers Bengaluru (RCB) at the IPL 2027 Auction

RCB are back-to-back champions under Rajat Patidar, winning in 2025 and 2026. The core is settled, so a heavy rebuild is unlikely.

  • Purse: INR 16.40 crore
  • Expected core: Virat Kohli, Rajat Patidar, Phil Salt, Tim David, Josh Hazlewood, Bhuvneshwar Kumar, Krunal Pandya
  • Trades: None confirmed
  • Possible releases (speculative): Yash Dayal, Jitesh Sharma, Suyash Sharma
  • Top need: Fine-tuning

Kolkata Knight Riders (KKR) at the IPL 2027 Auction

KKR have the most spending power and a captaincy question after Ajinkya Rahane retired from all cricket in July 2026. Rinku Singh is the leading candidate, but nothing is announced.

  • Purse: INR 64.30 crore
  • Expected core: Rinku Singh, Sunil Narine, Varun Chakravarthy, Harshit Rana, Cameron Green, Angkrish Raghuvanshi
  • Trades: None confirmed
  • Top need: A captain and opener cover after losing de Kock and Gurbaz in 2026

Gujarat Titans (GT) at the IPL 2027 Auction

GT reached the 2026 playoffs under Shubman Gill, so a major overhaul is unlikely. Rashid Khan remains the flagship overseas name.

  • Purse: INR 12.90 crore
  • Expected core: Shubman Gill, Sai Sudharsan, Jos Buttler, Rashid Khan, Mohammed Siraj, Kagiso Rabada
  • Trades: Sherfane Rutherford to MI
  • Top need: Squad depth

Rajasthan Royals (RR) at the IPL 2027 Auction

RR made the 2026 playoffs, with Vaibhav Suryavanshi winning the Orange Cap and setting a new record for sixes in an IPL season. Losing Sanju Samson leaves a leadership gap.

  • Purse: INR 16.05 crore
  • Expected core: Yashasvi Jaiswal, Vaibhav Suryavanshi, Dhruv Jurel, Riyan Parag, Jofra Archer
  • Trades in: Ravindra Jadeja, Sam Curran
  • Trades out: Sanju Samson
  • Top need: A settled captain

Sunrisers Hyderabad (SRH) at the IPL 2027 Auction

SRH made the 2026 playoffs, with Ishan Kishan scoring his maiden IPL century.

  • Purse: INR 25.50 crore
  • Expected core: Travis Head, Abhishek Sharma, Ishan Kishan, Pat Cummins, Heinrich Klaasen, Nitish Kumar Reddy
  • Trades in: T. Natarajan, Khaleel Ahmed, Nathan Ellis
  • Trades out: Zeeshan Ansari, Liam Livingstone, Jack Edwards
  • Top need: Depth behind the core

Lucknow Super Giants (LSG) at the IPL 2027 Auction

LSG missed the 2026 playoffs. Rishabh Pant stepped down as captain and has moved to Delhi Capitals, so LSG need a new leader.

  • Purse: INR 22.95 crore
  • Expected core: Nicholas Pooran, Aiden Markram, Mayank Yadav, Avesh Khan, Mitchell Marsh
  • Trades in: Kuldeep Yadav, Arjun Tendulkar
  • Trades out: Rishabh Pant, Shardul Thakur
  • Top need: A captain and a squad rebuild

Delhi Capitals (DC) at the IPL 2027 Auction

DC bring Rishabh Pant back through a trade with LSG, fixing their biggest need from 2026. Axar Patel and KL Rahul form the leadership backbone.

  • Purse: INR 21.80 crore
  • Expected core: Rishabh Pant, KL Rahul, Axar Patel, Tristan Stubbs, Mukesh Kumar
  • Trades in: Rishabh Pant, Zeeshan Ansari
  • Trades out: Kuldeep Yadav, T. Natarajan
  • Top need: Overseas batting depth

Punjab Kings (PBKS) at the IPL 2027 Auction

PBKS are among the more settled sides. Shreyas Iyer led them to the 2025 final and was named India’s T20I captain in June 2026. Hardik Pandya joins from MI.

  • Purse: INR 11.50 crore
  • Expected core: Shreyas Iyer, Hardik Pandya, Priyansh Arya, Prabhsimran Singh, Shashank Singh, Marco Jansen
  • Trades: Hardik Pandya in, Arshdeep Singh out
  • Top need: Squad depth

IPL 2027 Auction: Biggest Storylines to Watch

  • MI’s empty wallet: With INR 2.75 crore, MI can only fill bench slots.
  • KKR’s war chest: INR 64.30 crore and 13 slots make them the most dangerous bidder in the room.
  • Captaincy vacancies: KKR, LSG, RR and MI all have open leadership questions.
  • Dhoni’s future: His 2027 status will shape CSK’s planning.
  • CSK’s overseas spin need: They have 9 slots and a clear gap to fill.

IPL 2027 Auction Base Price Categories

The official player pool will be published before the auction. The brackets below follow the structure used in recent mini auctions and may change.

Base PricePlayer Type
INR 2 croreTop capped internationals and senior Indian players
INR 1.5 croreEstablished domestic players and second-tier internationals
INR 1 croreExperienced domestic players
INR 75 lakhJunior domestic players and emerging talent
INR 50 lakhUncapped players and young prospects
INR 30 lakhUncapped domestic players
INR 20 lakhEntry-level uncapped players

How the IPL 2027 Auction Works

In the week before the auction, each franchise receives the full registered player pool and the order of the sets. Players are sold in sets grouped broadly by role and base price.

The auctioneer opens at the base price and franchises bid against each other. The highest bid wins. A player with no bids goes unsold and may be offered again later in the auction.

Conclusion

The IPL 2027 Auction on December 16 at the ITC Grand Goa is a mini auction built around trades, tight purses and a few big gaps.

KKR can spend freely, while MI have almost nothing left. CSK, LSG, RR and KKR all have leadership decisions pending. Watch the November 17 retention lists, because they will set the final purses and show which stars reach the bidding table.

FAQs

When is the IPL 2027 auction?

December 16, 2026, with a franchise briefing on December 15.

Where is the IPL 2027 auction being held?

At the ITC Grand Goa in Goa, India.

Is IPL 2027 a mega auction or a mini auction?

A mini auction. The next mega auction is before the 2028 season.

What is the IPL 2027 salary cap?

INR 157 crore per team.

When is the retention deadline?

November 17, 2026.

How many overseas players can a team have?

Eight in the squad and four in the playing XI.

Which team has the most money?

KKR, with INR 64.30 crore.

Which team has the least money?

MI, with INR 2.75 crore.

About the Author

Alex Maathai is a Cape Town-based cricket analyst and former club-level player. With deep knowledge of domestic structures and Proteas history, he provides context-rich insights that connect today’s matches to South Africa’s cricket legacy.

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