IPL 2027 Auction Hub — Date, Rules, Purses & Records

Mini-auction · Reported: 16 December 2026, ITC Grand Goa · Official confirmation PENDING

Abstract IPL auction graphic in navy and gold
Auction at a glance: IPL 2027 is a mini-auction cycle year after the 2025 mega auction. Squads mostly carry over; released stars and new names drive bidding. Overseas salaries at mini-auctions are capped at Rs 18 crore.

Auction Format & Rules

In a mini-auction, franchises keep the core of their squads and bid only for the players they need: released players from rival squads, new domestic talent, overseas signings and injury replacements. Squad size limits and the overseas cap still apply, and every buy is deducted from the team's salary purse. The bidding runs in sets by role, with an accelerated round for unsold players at the end. For the full mechanics — retention slabs, Right-to-Match and the maximum-fee rule — read our guide: How the IPL Auction Works.

Purse Remaining by Team

TeamPurse status for 2027 auctionSquad
Chennai Super KingsPENDING — after official retention/release listSquad
Mumbai IndiansPENDING — after official retention/release listSquad
Royal Challengers BengaluruPENDING — after official retention/release listSquad
Kolkata Knight RidersPENDING — after official retention/release listSquad
Delhi CapitalsPENDING — after official retention/release listSquad
Sunrisers HyderabadPENDING — after official retention/release listSquad
Rajasthan RoyalsPENDING — after official retention/release listSquad
Punjab KingsPENDING — after official retention/release listSquad
Gujarat TitansPENDING — after official retention/release listSquad
Lucknow Super GiantsPENDING — after official retention/release listSquad

Retained & Released Lists

Official retention and release lists for the 2027 auction are PENDING — franchises publish them in the run-up to the December auction. Confirmed trades already reflected in our squad pages include Sanju Samson to Chennai Super Kings, Ravindra Jadeja and Sam Curran to Rajasthan Royals, Shardul Thakur to Mumbai Indians and Mohammed Shami to Lucknow Super Giants (per published squad listings).

Most Expensive Players in IPL Auction History

PlayerTeamYearPriceNote
Rishabh PantLucknow Super Giants2025Rs 27.00 croreMost expensive player in IPL auction history
Shreyas IyerPunjab Kings2025Rs 26.75 croreSecond-highest bid ever
Cameron GreenKolkata Knight Riders2026Rs 25.20 croreMost expensive overseas buy ever; salary capped at Rs 18 crore by the maximum-fee rule
Mitchell StarcKolkata Knight Riders2024Rs 24.75 croreHeld the all-time record until the 2025 mega auction
Pat CumminsSunrisers Hyderabad2024Rs 20.50 croreBroke the record earlier in the same 2024 auction before Starc
Sam CurranPunjab Kings2023Rs 18.50 croreMost expensive English player at auction
Cameron GreenMumbai Indians2023Rs 17.50 croreGreen's first IPL sale, before his 2026 record
Ben StokesChennai Super Kings2023Rs 16.25 croreCSK's biggest auction buy
Chris MorrisRajasthan Royals2021Rs 16.25 croreRecord bid at the time
Nicholas PooranLucknow Super Giants2023Rs 16.00 crore
Yuvraj SinghDelhi Daredevils2015Rs 16.00 croreLong-standing Indian record of its era
Ishan KishanMumbai Indians2022Rs 15.25 croreMost expensive Indian buy of the 2022 mega auction
Prashant VeerChennai Super Kings2026Rs 14.20 croreUncapped-player auction record

Full story: Most Expensive IPL Player Ever.

Frequently Asked Questions

When is the IPL 2027 auction?

Reports say the IPL 2027 mini-auction will be held on 16 December 2026 at ITC Grand Goa, with a franchise briefing on 15 December. Official BCCI confirmation is pending, so the date is labelled 'reported' on this site.

Is IPL 2027 a mega auction or a mini-auction?

A mini-auction. The last mega auction was in 2025; the 2027 event tops up existing squads and is expected to be the final auction of the current cycle.

How much purse does each team have for the IPL 2027 auction?

Purse-remaining figures depend on official retention and release lists. The table on this page stays PENDING until franchises publish those lists — rumoured purses are not printed as fact.

Who is the most expensive player in IPL auction history?

Rishabh Pant — Rs 27 crore to Lucknow Super Giants at the 2025 mega auction. The overseas record is Cameron Green's Rs 25.20 crore to KKR in 2026 (salary capped at Rs 18 crore).