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  5. IPL Auction 2018, Day 1 Highlights: Ben Stokes, KL Rahul, Manish Pandey highest earners; Chris Gayle, Lasith Malinga, Ishant Sharma go unsold

IPL Auction 2018, Day 1 Highlights: Ben Stokes, KL Rahul, Manish Pandey highest earners; Chris Gayle, Lasith Malinga, Ishant Sharma go unsold

Indian players dominated the bidding wars as KL Rahul and Manish Pandey laughed their way to the bank with multi-million dollar deals but England all-rounder Ben Stokes once again emerged the costliest buy in the IPL auctions on Saturday.

India TV Sports Desk Reported by: India TV Sports Desk New Delhi Updated on: January 27, 2018 19:15 IST
IPL AUction 2018
Image Source : INDIA TV File - Ben Stokes (L) and KL Rahul (R)

IPL Auction 2018 Live Updates: Hello and a warm welcome to the live coverage of the Day 1 of the Indian Premier League (IPL) Auction 2018, underway at Ritz-Carlton, Bengaluru. The auction, which started at 10 AM, will witness eight franchises battling to make the right squad composition picking the right players from a big pool of 578 cricketers, including 360 Indians. Top guns, termed as Marquee Players in the IPL Auction, will be Ravichandran Ashwin, Gautam Gambhir, Shikhar Dhawan, Ajinkya Rahane, Harbhajan Singh, Yuvraj Singh, Chris Gayle, Ben Stokes, Kane Williamson, Glenn Maxwell, Joe Root, Mitchell Starc, Faf du Plessis, Dwayne Bravo, Kieron Pollard and Shakib Al Hasan. Each of the Marquee Player is priced at Rs 2 crore and will set the tone as an intense battle is set to follow. Who will be the most expensive pick on the first day of the IPL Auction? Stay tuned for all the live action.

IPL 2018 AUCTION HIGHLIGHTS FROM RITZ-CARLTON, BENGALURU

Uncapped Fast Bowlers 

6:08 pm: Ankit Rajpoot is a first-class cricketer. He plays for Uttar Pradesh in domestic games. The right-arm medium-fast bowler's bidding starts at Rs 30 lakh. Rajpoot was bought by Punjab for Rs 3 crore. In 2017, KKR had bought him for Rs 1.50 crore. Rajpoot had made his debut during the 2012-13 Ranji Trophy.

6:05 pm: Avesh Khan is up for auction. The player's bidding price starts at Rs 20 lakh. Khan was bought by DD for Rs 70 lakh. Khan is an Indian first-class cricketer. He had made his T20 debut for RCB in 2017.

6:01 pm: Navdeep Saini is up for auction. His bidding price starts at Rs 20 lakh. Saini, a first-class cricketer, bought by RCB for Rs 3 crore. 

5:56 pm: Khaleel Ahmed, carrying a minimum bidding price of Rs 20 lakh, sold to SRH for Rs 3 crore. The left-arm medium pacer was born in Rajasthan in December 1997. 

5:53 pm: Aniket Choudhary, who carries a price tag of Rs 30 lakh, is up for auction. Choudhary was sold to RCB for Rs 30 lakh. He is a left-arm medium-fast bowler. 

5:53 pm: Rajneesh Gurbani, carrying a base price of Rs 20 Lakh, goes unsold.

5:49 pm: Basil Thampi is up for auction. His base price is Rs 30 lakh. The right-arm pacer had played for Gujarat Lions in last season. Thmpi, 24, was bought by SRH for Rs 95 lakh. Thampi had last year impressed all by his yorkers. 

5:48 pm: T Natarajan is a left-arm medium-fast bowler. He carries a bidding price tag of Rs 40 lakh. The 26-year-old has, however, gone unsold.

5:44 pm: Siddarth Kaul is a medium pace bowler. His bidding starts at Rs 30 lakh. Kaul had made his first-class debut for Punjab in 2007. Punjab and Hyderabad are engaged in the bidding war for him. Finally, Kaul was sold to SRH for Rs 3.80 lakh. 

5:42 pm: Kulwant Khejroliya's bidding starts at Rs 20 lakh. he was sold to RBC for Rs 85 lakh. 

Uncapped Wicketkeepers 

5:39 pm: Prashant Chopra, carrying Rs 20 lakh bidding price tag, goes unsold. 

5:38 pm: Vishnu Vinod, carrying a base price of Rs 20 Lakh, goes unsold.

5:38 pm: Sheldon Jackson, who carries a minimum bidding price of Rs 20 Lakh, goes unsold.

5:37 pm: Ankush Bains goes unsold. He is an Indian U-19 cricketer who plays for Himachal.

5:36 pm: Aditya Tare, having Rs 20 lakh base price, goes unsold. 

5:35 pm: Ben Mcdermott of Australia goes unsold. 

5:34 pm: Nikhil Naik plays for Maharashtra in domestic cricket. His bidding price starts at Rs 20 lakh. The player, however, couldn't find any franchise bidding for him. The right-handed batsman and occasional wicket-keeper, was signed by Punjab for Rs. 30 lakh in 2015. 

5:29 pm: Ishan Kishan a first-class cricketer. His bidding price starts at Rs 40 lakh. CSK and MM were engaged in the bidding war for Kishan. However, CSK decided to withdraw from the race after Kishan's bidding price crossed Rs 4 crore. The entrant in the race for Kishan is RCB. The left-handed batsman and wicket-keeper, who plays for Jharkhand, finally sold to MI for Rs 6.20 crore.

5:28 pm: Jitesh Sharma (19), who plays for Vidarbha, is up for auction with a minimum price tag of Rs 20 lakh. He has, however, gone unsold. Sharma had made his first-class debut in the 2015–16 Ranji Trophy.

Uncapped All-Rounders 

5:22 pm: Jofra Archer of West Indies up for auction. His carries a price tag of Rs 40 lakh. DD and CSK are engaged in a bidding war for this Barbadian cricketer. Punjab and SRH have also joined the bidding race. Finally, Archer sold to RR for Rs 7.20 crore. 

5:21 pm: Shivam Dubey goes unsold. He was carrying a minimum bidding tag of Rs 20 lakh. 

5:14 pm: Uncapped Australian all-rounder D'Arcy Short is up for bidding. His minimum price tag is Rs 20 lakh. DD and RR are in the bidding race for Short. Short sold to RR for Rs 4 crore after DD decided to withdraw from the bidding war.

5:09 pm: Nitish Rana is up for auction. He carries a minimum price tag of Rs 20 lakh. Mumbai and KKR are engaged in a bidding war for Rana. He was finally sold to KKR for Rs 3.40 crore. The left-hand batsman and right-arm off-break bowler is a first-class cricketer. He plays for Delhi in domestic games. He was a member of the Mumbai Indians squad.

5:04 pm: Krunal Pandya's bidding starts at Rs 40 lakh. He is the elder brother of Hardik Pandya. The all-rounder from Baroda was initially sold to RBC for Rs 8.80 crore after an intense battle war between RCB and RR. However, MI exercised the RTM Card to retain Krunal. Krunal, considered a limited overs specialist, bats left-handed and is a slow left-arm orthodox bowler.

4:59 pm: Kamlesh Nagarkoti made his List A debut for Rajasthan in the 2016–17 Vijay Hazare Trophy. His bidding price starts at Rs 20 lakh. The 18-year-old had impressed all by bowling over 140k in the ongoing ICC Under19 World Cup. Kamlesh was bought by KKR for Rs 3.20 crore. 

4:58 pm: Harshal Patel is up for auction. The first-class cricketer carries a base price tag of Rs 20 lakh. He was sold to DD for Rs 20 lakh.

4:55 pm: Vijay Shankar goes under the hammer. His bidding starts at Rs 40 lakh. Shankar was sold to DD for Rs 3.20 crore after RCB decided to withdraw from the bidding race. He is an all-rounder who bats right-handed and bowls right-arm medium pace. 

4:50 pm: Deepak Hooda's bidding price starts at Rs 40 lakh. He is an all-rounder who bats right-handed and bowls right-arm off break. He played for the India Under-19 team in Under-19 Cricket World Cup in 2014. Delhi and Bengaluru are engaged in an intense bidding war for Hooda. He was initially sold to DD for Rs 3.60 crore but before any final announcement was made, SRH exercised the RTM Card to retain Hooda.

4:44 pm: Rahul Tewatia up for auction. His bidding price starts at Rs 20 lakh. The left-handed batsman currently plays for Haryana in the Ranji Trophy. After an intense bidding war between Delhi and Hyderabad, Tewatia was sold for Rs 3 crore to GMR Group franchise.

4:22 pm: It is Tea time at Ritz-Carlton Hotel. The bidding will resume after 15 minutes. 

Uncapped Batsmen 

4:20 pm: Uncapped Indian batsman Prithvi Shaw up for bidding. His bidding price starts at Rs 20 lakh. Delhi and Mumbai are engaged in an intense bidding battle for Shaw. The 18-year-old will be playing for Delhi in the current season. He was sold for Rs 1.20 crore. 

4:19 pm: Uncapped Indian batsman Siddhesh Dinesh Lad goes unsold. He was also carrying a minimum price tag of Rs 20 lakh. He is a right-hand batsman.

4:15 pm: Uncapped Indian batsman Manan Vohra sold to RCB for Rs 1.10 crore. He was also carrying bidding price tag of Rs 20 lakh. Punjab had in 2017 bought him for Rs 35 lakh. 

4:09 pm: Uncapped Indian batsman Rahul Tripathi, who had played for Pune in last season, is up for auction. He is carrying a base price tag of Rs 20 lakh. In 2017, he was bought by the Rising Pune Supergiants for Rs 10 lakh. Rajasthan Royals bought him for Rs 3.40 crore.

4:08 pm: Uncapped Indian batsman Himanshu Rana,19, goes unsold. He was carrying a minimum bidding price tag of Rs 20 lakh.

4:16 pm: Uncapped Indian batsman Mayank Aggarwal, who carries a minimum price tag of Rs 20 lakh, is under the hammer. He was bought by Punjab for Rs 1 crore. He plays first-class cricket for Karnataka.

4:05 pm: Uncapped Indian batsman Ricky Bhui was sold to SRH for Rs 20 lakh. 

4:04 pm: Uncapped Indian batsman Ishank Jaggi up for bidding. His bidding price starts at Rs 20 lakh. Jaggi, a right-handed batsman, who plays for Jharkhand, was sold to KKR for Rs 20 lakh.

3:59 pm: Uncapped Indian batsman Shubman Gill, carrying a bidding price tag of Rs 20 lakh, is up for auction. In February 2017, he was part of the Indian U-19 win against England. He was sold to KKR for Rs 1.80 lakh. 

3:53 pm: Suryakumar Yadav is up for bidding at a minimum base price of Rs 30 lakh. An attacking right-handed batsman, Yadav was sold to MI for Rs 3 crore. He is also an occasional right-arm medium pace bowler.  In 2014, he was signed in by KKR and ever since he has been with the team co-owned by SRK.

Spinners 

3:46 pm: Kuldeep Yadav is up for bidding. His bidding price starts at Rs 1.50 crore. Because of his unique quality of picking wickets, the left-arm bowler was in the list of players of high-demand this season. The Chinaman grabbed attention with his notable performances in domestic games. Last season, Yadav had featured in the KKR. Mumbai and RCB are engaged in an intense bidding war for Yadav. He was bought by RCB for Rs 5.80 crore. However, before any final announcement was made, KKR exercised the RTM Card to retain him.

3:45 pm: Australian spinner Adam Zampa, having a base price of Rs 1 crore, goes unsold. He is a leg spin bowler who also bats right-handed. 

3:41 pm: Yuzvendra Chahal, 28, is a leg-spinner. He carries a minimum bidding price tag of Rs 2 crore. Initially, Punjab and Delhi were seen bidding for him. Later, Mumbai Indian jumped into the bidding war by deciding to shell out a whopping Rs 6 crore for Chahal. However, before the final announcement was made, the RCB exercised the RTM Card to retain Chahal. He was first picked by Mumbai Indian in 2011. In 2014, he was bought the RCB. Chahal, who plays domestic cricket for Haryana, had in IPL 2015 was the highest wicket-taker for RCB.

3:40 pm: Trinidadian cricketer Samuel Badree up for auction. He carries a base price tag of Rs 1 crore. Badree, a right-arm leg-spin bowler, however, couldn't find any franchise bidding for him. 

3:36 pm: Amit Mishra goes under the hammer with a minimum bidding price of Rs 1.50 crore. An attacking right-arm leg-break bowler, the 35-year-old cricketer was bought by DD for Rs 4 crore.

3:25 pm: Afghanistan's Rashid Khan, 19, is up for auction at a minimum bidding price of Rs 2 crore. He bowls right-arm leg break. After an intense bidding war between Punjab, Delhi and Bengaluru, Khan was initially sold to Punjab for Rs 9 crore. But before any final announcement was made, Hyderabad exercised the RTM Card to retain Rashid Khan. He was picked for Rs 4 crore by Sunrisers Hyderabad last year. He hails from Nangrahar province of Afghanistan. In 2016 World Twenty20 tournament, he was the second highest wicket-taker with 11 wickets in his kitty in 7 matches at an average of 16.63.

3:22 pm: Karn Sharma is up for auction at a minimum price tag of Rs 2 crore. He is a leg break bowler and left-hand batsman. Sharma was sold to CSK for Rs 5 crore. He had made his Twenty20 International debut against England in 2014.

3:21 pm: Ish Sodhi of New Zealand goes unsold. he was carrying a bidding price tag of Rs 50 lakh. He bowls right-arm leg spin and bats right-handed.

3:20 pm: Imran Tahir of South Africa, having a base price of Rs 1 crore, up for bidding at a minimum price of Rs 1 crore. This season, he will be seen playing for the CSK. Tahir is a Pakistani-born South African cricketer. He bowls googlies and a right-handed batsman.

3:13 pm: Leg-spinner Piyush Chawla is up for bidding with a minimum bidding price of Rs 1 crore. Chawla was initially sold to Chennai for Rs 4.20 crore. But before any final announcement was made, KKR exercised the RTM Card to retain him. In 2014, KKR had bought him for a whopping Rs 4.25 crores.

3:06 pm: Another bidding round is over. It's time for a short break.

Fast Bowlers 

3:05 pm: Sri Lankan fast bowler Lasith Malinga goes unsold. His base price was Rs 1 crore.

3:01 pm: Rabada of South Africa is up for auction at a minimum bidding price of Rs 1.50 crore. After an intense bidding war, he was sold to CSK for Rs 4.20 crore. However, before any final announcement was made, DD exercised the RTM Card to retain him. In last season, Delhi had bought him for Rs 5 crore.

3:00 pm: Mitchell McClenaghan of New Zealand goes unsold. He was carrying a price tag of Rs 1 crore. 

2:57 pm: Indian's right-arm fast-medium swing and seam bowler Mohammed Shami is under the hammer. He carries a base price tag of Rs 1 crore. He was initially sold to Hyderabad for Rs 3 crore. But before any announcement was made, Delhi exercised the RTM Card to retain him. 

2:55 pm: Team India's fast bowler Ishant Sharma, having a minimum bidding price tag of Rs 75 lakh, goes unsold. 

2:54 pm: New Zealand fast bowler Timothy Southee goes unsold. he was carrying a price tag of Rs 1 crore. He is a right-arm fast-medium bowler and a hard-hitting lower order batsman. He is also the current vice-captain of the New Zealand's international team.

2:49 pm: India's Umesh Yadav, having a price tag of Rs 1 crore, is up for bidding. Yadav was sold to RCB for Rs 4.20 crore. The Uttar Pradesh-based cricketer had joined KKKR in 2014 after 4 seasons with DD.

2:47 pm: Pat Cummins up for auction at a base price tag of Rs 2 crore. He was sold to Mumbai Indians for Rs 5.40 crore. 

2.46 pm: Another Australian pacer Josh Hazleweood goes unsold. He was also carrying a minimum bidding price tag of Rs 2 crore.

2:45 pm: Australia's former pacer Mitchell Johnson goes unsold. He was carrying a minimum bidding price of Rs 2 crore. 

2:40 pm: Bangladeshi fast bowler Mustafizur Rahman goes under the hammer at a minimum price of Rs 1 crore. Last season, SRH had bought him for Rs 1.40 crore. The left-arm pace bowler was sold to Mumbai Indians for Rs 2.20 crore. IPL 2016 season was his first stint with the tournament. 

Wicketkeeper 

2:36 pm: English wicketkeeper Jos Buttler up for auction at a minimum price of Rs 1.50 crore. Buttler, who had played for Mumbai Indians in last season, was sold to Rajasthan for Rs 4.40 crore. 

2:34 pm: Sam Billings of England goes unsold. His base price tag was Rs 1 crore.

2:30 pm: Ambati Rayudu is up for auction at a minimum price of Rs 50 lakh. After an intense battle between Delhi and Mumbai, Ambati was almost set to be sold for Rs 1.20 crore to the franchise owned by Reliance Industries. But Chennai jumped into the bidding war at the last moment. Finally, the right-handed middle-order batsman was bought by Chennai at Rs 2.20 crore.

2:23 pm: Sanju Samson carries a base price tag of Rs 1 crore. He is up for bidding now. He had last year played for Delhi Daredevils. Mumbai and Rajasthan are engaged in the bidding war him. After Mumbai opted to withdraw from the bidding battle, Sanju was sold to Rajasthan Royal for 8 crore. Sanju had made his Twenty20 International debut against Zimbabwe in July 2015.

2:18 pm: Robin Uthappa is up for auction. His minimum bidding price starts at Rs 2 crore. Uthappa was sold to Mumbai Indians for Rs 6.40 crore. However, KKR exercised the RTM Card to retain him. KKR had last year bought him for Rs 5 crore. Uthappa was a part of the Indian team that won the World T20 in 2007.

2:17 pm: Naman Ojha goes unsold. He was carrying a base price tag of Rs 75 lakh. Ojha was part of Rajasthan Royals for first three seasons of IPL and then was recruited by Delhi Daredevils. In 2015, he was Sunrisers’ regular keeper choice. for the 2015 edition though he couldn’t make many noteworthy performances. In 2016, he was electric behind the stumps. Sunrisers would want their keeper-batsman to get going with the bat as well this time around.

2:11 pm: India's Dinesh Karthik, who carries a base price tag of Rs 2 crore, was sold to KKR for Rs 7.40 crore. In last season, he had played for Gujarat Lions. He is considered one of the most consistent wicketkeeper-batsmen in domestic cricket. He was part of the Delhi Daredevils in the first 3 seasons. In 2011, Punjab had recruited him. He was traded to the Mumbai Indians next year. After two years, Delhi Daredevils bought him back. 

2:10 pm: English wicketkeeper Jonny Bairstow, having a base price tag of Rs 1.50 crore is up for auction. He has, however, gone unsold. 

2:06 pm: India's Wriddhiman Saha is up for auction. He carries a base price tag of Rs 1 crore. Saha, 33, was sold to Hyderabad for Rs 5 crore.  Saha, who represents Bengal in domestic cricket, had last year played for Kings XI Punjab.

2:02 pm: South African wicketkeeper Quinton de Cock is under the hammer with a base price of Rs 2 crore. He has been bought by RCB for Rs 2.80 crore. The 25-year-old has played for Sunrisers Hyderabad and Delhi Daredevils. He is considered one of the most explosive young batsmen in the world.

2:01 pm: Left-hand wicketkeeper-batsman Pathiv Patel is up for auction at a base price of Rs 1 crore. He has, however, gone unsold. 

2 pm: The Afternoon session starts 

# Star Sports anchor Jatin Sapru quoted Delhi Daredevils confirming that Gautam Gambhir, who led Kolkata Knight Riders to two IPL titles, will be the skipper. 

1 pm: The Morning session concludes. Here are the highlights: 

All-Rouder 

12:58 pm: England all-rounder Moin Ali, who carries a price tag of Rs 1.50 crore, has been sold to RCB for Rs 1.70 crore. A batting all-rounder,  Ali is a member of the England team in all three formats.

12:54 pm: Australian player Marcus Stoinis, who carries a base price tag of Rs 2 crore, is up for auction. Stoinis will play for Punjab after Preity Zinta co-owned team exercised the RTM Card to retain him. RCB had initially bought him for Rs 6.20 crore.

12:53 pm: Team India's Stuart Binny goes under the hammer with a price tag of Rs 50 lakh. Binny was sold to Rajasthan Royals for Rs 50 lakh. A right-hand batsman and medium-pacer from Karnataka, Binny had played for RCB in last season. 

12:50 pm: Colin Munro is a South-African born New Zealand all-rounder. He is up for auction with a base price tag of Rs 50 lakh. Colin Munro has been sold to Delhi for Rs 1.90 crore. 

12:47 pm: Yusuf Pathan, who carries a base price tag of Rs 75 lakh, is up for auction. The hard-hitting batsman and off-spinner was sold to SRH for Rs 1.90 crore. Between 2008 and 2010, Pathan had played for Rajasthan Royals. In 2011, he was bought by KKR and since then he played for  Bollywood actor Shahrukh Khan co-owned team.

12:46 pm: James Faulkner of Australian goes under the hammer with a base price tag of Rs 2 crore. He, however, couldn't find anyone bidding for him. 

12:43 pm: New Zealand all-rounder Colin de Grandhomme up for auction. The bidding price for him starts at Rs 75 lakh. Grandhomme was sold to RCB for Rs 2.20 crore. 

12:38 pm: India's Kedar Jadhav up for auction with a bidding price tag of Rs 2 crore. The 32-year-old all-rounder bats right-handed and bowls right-arm off-break. Since 2013, he has played for Delhi Daredevils. This season, Jadhav will play for Chennai Super Kings which lifted the IPL title twice in 2010 and 2011. He was bought for Rs 7.80 crore. 

12:32 pm: Australian all-rounder Shane Watson up for auction. He carries a base price tag of Rs 1 crore. RCB had in last season bought him for Rs 9.50 crore. Watson was sold to CSK for Rs 4 crore. Watson was part of Rajasthan Royals since 2008.

 

12:30 pm: West Indian cricketer from Barbados Carlos Brathwaite gone under the hammer with a bidding price tag of Rs 1 crore. He is the current captain of West Indies Twenty20 International team. Brathwaite has been bought by Hyderabad for Rs 2 crore. He had made his IPL debut in 2016. Brathwaite made headlines in 2016 when he smashed sixes off four consecutive deliveries to help his side clinch the ICC World T20 2016 title. 

12:25 pm: England all-rounder Chris Woakes up for auction. The right-handed batsman and a right-arm fast-medium pace bowler's bidding price starts at Rs 2 crore. The English cricketer has been bought by RCB for Rs 7.40 crore. 

12:16 pm: Third set of bidding is over. It's time for a 5-minute break. 

Marquee Players 

12:15 pm: Martin Guptill of New Zealand up for bidding with a base price of Rs 75 lakh. He, however, couldn't find anyone bidding for him. 

12:06 pm: Manish Pandey up for auction. Pandey, a right-handed middle-order batsman, carries a price tag of Rs 1 crore. He has represented Kolkata Knight Riders in the IPL since 2008. In this season, Pandey will play for SRH. Sunrisers Hyderabad, owned by Kalanithi Maran of the Sun TV channel Network, has bought Pandey for Rs 11 crore. SRH was founded in 2012 after the Hyderabad-based Deccan Chargers were terminated by the IPL. Pandey, who plays for Karnataka in domestic cricket, holds a unique record to his name. He is the first Indian player to hit a ton in the extravaganza tournament. 

12.05 pm: South Africa's Hashim Amla up for bidding with a price tag of Rs 1.50 crore. He has, however, gone ulsold. Amla, who is the only South African player to hit a triple century in Test, was brought by Punjab in 2016.

https://twitter.com/IPL/status/957140024222302208

11:58 am: Australian cricketer Chris Lynn is up for auction. The base price for Lynn is Rs 2 crore. An intense bidding between Mumbai, Rajasthan and Kolkata is underway. He is a right-handed middle order batsman. Finally, Kolkata has bought Lynn for 9.60 crore. 

11:56 am: England batsman Jason Roy is up for auction. He carries a base price tag of Rs 1.50 crore. Jason Roy has been bought by Delhi for Rs 1.50 crore. Roy is a right-handed upper order batsman. He made his Twenty20 International debut against India in September 2014 and ODI debut against Ireland in May 2015.

11:53 am: New Zealand's Brendon McCullum, who has retired from international cricket, goes under the hammer with a base price tag of Rs 2 crore. McCullum will be seen playing for RCB in the upcoming season. He was bought for Rs 3.60 crore. 

11:46 am: Australian player Aaron Finch goes under the hammer with a price tag of Rs 1.50 crore. An opening batsman, Finch has been bought by Punjab for 6.20 crore. Normally, a No. 3 batsman, Finch is known for his aggressive batting style. Earlier, a part of Rajasthan Royals, he was signed by Delhi Daredevils in 2012 and then suited up for Pune in 2013. In 2014, he was recruited by SRH and in 2015, he was part of Mumbai Indians. In last season, he was part of Gujarat Lions. 

11:43 am: South African player David Miller up for auction with a price tag of Rs 1.50 crore. Miller has been bought by MI for Rs 3 crore but Punjab exercised the RTM Card to retain him. A left-hand batsman, Miller made his first-class debut when he was 17. Considered a destructive batsman in the middle-order, Miller has the capability of changing the course of a match in a matter of deliveries. Miller is also an outstanding fielder.

11:42 am: India's right-hand batsman Murali Vijay foes under the hammer. He carries a price tag of Rs 2 crore. Vijay -- Team India's Test specialist, has, however, gone unsold. 

11:36 am: KL Rahul up for auction with a base price tag of Rs 2 crore. Rajasthan and Mumbai are engaged in a bidding war. Hyderabad and Punjab jump into the bidding war. KL Rahul has been bought by Punjab for Rs 11 crore. Meanwhile, RCB has refused to exercise the RTM Card. A right-handed batsman and occasional wicket-keeper, Rahul was a part of RCB in 2013. In 2014, he was bought by Hyderabad. In last season, he returned to RCB.

11:30 am: Indian player Karun Nair up for auction with a base price tag of Rs 50 lakh. After an intense bidding war between Punjab and Rajasthan, Preity Zinta co-owned team bought him for Rs 5.60 crore. Nair, who is yet to make debut in the Team India's T20 International team, is the second Indian batsman after Sehwag to hammer a Test triple century. A right-handed batsman and occasional off-break bowler, Nair plays for Karnataka in domestic cricket. He had previously played for Royal Challengers Bangalore and Rajasthan Royals in the IPL. In 2016, he was signed up by the Delhi Daredevils.

11:22 am: Bidding for the second set of Marquee Players is over. It's time for a short break. 2nd set of Marquee Players: Harbhajan Singh (CSK) - RS 2 crore, Shakib Al Hasan (SRH) Rs 2 crore, Glenn Maxwell - (DD) Rs 9 crore, Gautam Gambhir - (DD) Rs 2.80 crore, Dwayne Bravo - CSK (Rs 6.40 crore) with RTM Card, Kane Williamson - SRH (Rs 3 crore), Joe Root (Base Price Rs 1.50 crore) - Unsold, Yuvraj Singh (KXIP) - Rs 2 crore Base Price

11:20 am: Indian all-rounder Yuvraj Singh up for auction with a base price tag of Rs 2 crore. Yuvraj has been bought by Punjab for Rs 2 crore. SRH, which had in last season bought him for Rs 7 crore, has refused to exercise the RTM Card.

Also Read: IPL Auction 2018: Yuvraj Singh is back to where he belongs – Kings XI Punjab

11:19 am: England batsman Joe Root, who is making debut in the IPL, is up for auction. He has, however, gone unsold.

11:08 am: New Zealand cricketer Kane Williamson goes under the hammer with a price tag of Rs 1.50 crore. He has been bought by SRH for 3 crore. He is considered as one of the best batsmen in the modern era

11:14 am: Trinidadian all-rounder Dwayne Bravo up for auction. He bats right-handed and bowls right-arm medium-fast pace. Bravo was bought by Punjab for Rs 6.40 crore. He was, however, retained by CSK using RTM Card. 

11:11 am: Left-hand batsman Gautam Gambhir up for auction with a price tag of Rs 2 crore. He has been bought by Delhi Daredevils for Rs 2.80 crore. In last season, he was the skipper of Kolkata Knight Riders -- a franchise owned by Shahrukh Khan, actress Juhi Chawla and her spouse Jay Mehta. Under Gambhir's leadership, the KKR had twice won the IPL title.

11:03 am: Explosive Australian all-rounder Glenn Maxwell goes under the hammer with a price tag of Rs 2 crore. An intense bidding war is underway between Delhi and Hyderabad. Delhi appears desperate to recruit him. meanwhile, Maxwell has been bought by Delhi for Rs 9 crore. He was a part of the Delhi Daredevils in 2012 and was bought by the Mumbai Indians in 2013. He was bought by Punjab in 2014 and since then he played for Preity Zinta's team. Delhi Daredevils, founded in 2008, is owned by the GMR Group. Their home grounds are the Feroz Shah Kotla Ground in Delhi and the Shaheed Veer Narayan Singh International Cricket Stadium in Chhattisgarh. 

11:01 am: Shakib Al Hasan, the Bangladeshi all-rounder, is up for auction. He carries a base price tag of Rs 1 crore. Hasan has been bought by SRH for Rs 2 crore. 

11 am: Harbhajan Singh, who carries a base price tag of Rs 2 crore, goes under the hammer. He has been bought by the CSK for Rs 2 crore. 

10:40 am: Bidding for the first set of Marquee Players is over. It's time for a 15-minute break. First Set of Marquee Players: Shikhar Dhawan - 5.20 crore (SRH) with RTM Card, R Ashwin - 7.60 crore (KXIP), Kieron Pollard - 5.40 crore (MI) with RTM card, Chris Gayle (2 crore) - Unsold, Ben Stokes - 12.50 crore (KXIP), Faf du Plessis - 1.60 crore (CSK) with RTM Card, Ajinkya Rahane - 4 crore (RR) with RTM Card, Mitchell Starc - 9.40 crore (KKR)

10:37 am: Mitchell Starc up for auction. He carries a price tag of Rs 2 crore. The left-arm fast bowler was among the front-runner in the list of 55 Australian players for the auction. Starc has been bought by KKR for Rs 9.40 crore. In 2014 and 2015, Starc was bought by the RCB. But in Feb 2017, he parted ways with RBC to focus on International career, for which Royal Challengers Bangalore got an addition of 5 crore to their purse at the 2017 IPL auction.

10:35 am: Ajinkya Rahane up for auction with a base price of Rs 2 crore. The right-hand batsman will play for the RR in the upcoming IPL season. RR owners exercised the RTM Card to buy him for Rs 4 crore.

10:32 am: South African player Du Plessis goes under the hammer. He carries a base price tag of Rs 1.5 crore. He has been bought by CSK using the RTM Card for Rs 1.60 crore. 

10:28 am: England's Ben Stokes up for auction. KKR and Punjab are up in the bidding fight. Rising Pune Supergiant had last year bought him for Rs 14.50 core. Rajasthan Royals have joined the bid. He has been sold to RR for Rs 12.50 crore. 

10:25 am: Left-hand batsman Chris Gayle is up for auction. He carries a base price of Rs 2 crore. He has, however, gone unsold. 

Also Read: IPL Auction 2018: West Indies superstar Chris Gayle goes unsold

10:21 am: Trinidadian cricketer who plays for West Indies Kieron Pollard up for auction. Delhi buys him for Rs 5.40 crore. However, the Mumbai Indians exercised the RTM Card and retained Pollard. Pollard provides Slow Medium pace bowling and big-hitting from the middle-order.

10:17 am: R Ashwin is the second player to go under the hammer. After an intense bidding war between Punjab and Rajasthan, the 31-year-old was bought by Punjab for Rs 7.60 crore. Kings XI Punjab, established in 2008, is jointly owned by Preity Zinta, Wadia Group scion Ness Wadia, Dabur's Mohit Burman and Karan Paul. 

10:12 am: Shikhar Dhawan becomes first player to be up for auction. The left-hand batsman was a key player for the SRH in last season. Shawan carries a base-price tag of Rs 2 crore. Mumbai Indian and Kings XI are up in the bidding war. He has been bought by Punjab for Rs 5.20 crore. However, Sunrisers Hyderabad exercised RTM card to buy Dhawan for INR 5.20 crore. If SRH were to retain Dhawan, they would had to shell out Rs 7 crore but they have now bought him for Rs 5.20 crore in auction. 

10:10 am: Auction begins. Richard Madley, auctioneer, delivers introductory speech. 

10:08 am: Amitabh Choudhary, joint secretary, BCCI speaks on controversy related to Rajasthan Cricket Board. He rules out any problem related to the state cricket board following the court’s suspension order.

10:07 pm: Rajeev Shukla, Chairman, IPL, speaks at the auction event. Shukla welcomes CSK and RR in the IPL fold. “More than 1100 players had registered for the auction and more than 500 players were brought under the hammer.”

10.03 IST: Rahul Johri, CEO, BCCI, presents the introductory address at Ritz-Carlton, Bengaluru.

10.00 IST: Here is the list of the first 16 bidding Marquee Players.

09.54 IST: The Ritz-Carlton, Bengaluru, is all set for the IPL Auction.

09.50 IST: Be it due to lack of star power, T20 specialists or experienced heads in the middle – Delhi Daredevils have never been able to secure the critical moments in the league. In the last edition of IPL, Delhi Daredevils finished sixth on the table, failing to secure the playoffs spot. Before the player auctions later this month, the franchise has chosen to retain three players from the 2017 squad. (Read full story)

09.44 IST: Delhi Daredevils, who retained Rishabh Pant, Chris Morris, and Shreyas Iyer and appointed Australian legend Ricky Ponting recently, presents a pack of facts ahead of the auction.

09.30 IST: For Rajasthan Royals, who clinched the title in the initial edition of the  IPL, the journey has been like a roller-coaster ride. From pinnacle to a dip and later a tainted phase due to match-fixing, the Jaipur-based franchise has seen it all in one decade. Making a return in the eleventh edition of the cash-rich league, to be held in April this year, Rajasthan see hope in foreign cricketers, especially Australians as in 2008, it was Shane Warne who led the camp to the crown and this time it’s his fellow countryman Steve Smith, who has all the responsibility on his shoulders. (Read full story)

09.20 IST: While Dhoni was back at his 'spiritual home' Chennai Super Kings, Royal Challengers Bangalore retained India captain Virat Kohli during the IPL retention event in Mumbai. Mumbai Indians had the league's most successful captain Rohit Sharma back in their stable as most of the retentions happened on expected lines. All-rounder Hardik Pandya and pacer Jasprit Bumrah are second and third retentions for the defending champions. 

Here is the complete list of retained players and remaining fund in the purse of different franchises.

India Tv - IPL Auction 2018 Live

Image Source : @SHUBHRAJYOTI012/TWITTERIPL 2018 Players Retention list

09.12 IST: Ahead of the IPL 2018 Auction, the Chennai-based franchise retained three of their main men in Dhoni, Suresh Raina, and Ravindra Jadeja. (Read full story)

09.00 IST: Meanwhile, MS Dhoni-led CSK look to build old squad in fresh season.

08.45 IST: In the recently happened Player Retention event in Mumbai, Sunrisers held on to the specialists as they retained explosive Australian opener David Warner and Indian pacer Bhuvneshwar Kumar for the 2018 edition of the tournament. (Read what SRH's retention policy tells us)

08.30 IST: Former India batsman VVS Laxman, currently associated with Sunrisers Hyderabad (SRH), hints at the players who would be on the radar of the Orange Army. 

08.20 IST: Three-time winners and one of the most consistent teams in the Indian Premier League, Mumbai Indians presently holds the 'defending champions tag' in the glitzy T20 tournament. Led by limited-overs specialist Rohit Sharma, the blue brigade defeated defunct franchise Rising Pune Supergiant by just one run to clinch the title in the last edition of IPL. (Here's why they retained Rohit, Bumrah and Pandya)

08.10 IST: Having retained captain Rohit Sharma, Jasprit Bumrah and Hardik Pandya in the squad, Mumbai Indians ask their fans for suggestions ahead of the IPL Auction.

07.55 IST: After completing a decade of festivity with intriguing T20 cricket, the Indian Premier League (IPL) is set to roll for another edition, starting in April 2018. The auctions for the fresh season, which will see the return of discarded teams Chennai Super Kings and Rajasthan Royals.  Ahead of the IPL Auction, which is now the talk of the town, here is all you need to know.

07.45 IST: Although more than 1000 players had registered for the IPL Auction, the Board of Control for Cricket in India (BCCI) has reduced the list to 578 players. (Here is the full list of players)

07.40 IST: There hasn't been an IPL auction of this magnitude since the inception year of 2008 where so many premier Indian stars were up for grabs.

07.35 IST: This is how the eight teams will be seated at the IPL Auction.  

Brief Preview: Nervousness, hope and despair and will walk along hand in hand when cricket's biggest names go under the hammer during the two-day IPL players' auctions starting January 27 with the likes of Ben Stokes and R Ashwin expected to be among the most sought after. The list could on and on as 578 players have been registered. Capped and uncapped, no expense will be spared to bring in the best of the best for the 11th edition of the Indian Premier League.

After his record-breaking Rs 14.5 crore bid during the last edition, world's premier all-rounder Ben Stokes is once again likely to force the franchises into loosening their purse strings. However, the British all-rounder hasn't been in the best of forms after a video emerged of Stokes participating in a fist fight. The player was charged for 'affray' but has been allowed by the England and Wales Cricket Board to participate in the Indian cash-rich T20 league. (Read Full Preview Here)

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