As the IPL 2020 (Indian Premier League) thirteenth season is all set to start in March 2020, the auction took place in Kolkata on December 19, 2019, which accounted for a total sum of Rs 140.30 crore on 62 players.
Around 332 cricketers including 186 Indian players and 146 Foreign players took part in the auction out of which only 73 slots were filled by the 8 team franchises. 29 of these will be foreign buys.
Kings XI Punjab has the maximum money to spend (around Rs 42.70 crore) and KL Rahul will replace R Ashwin as the team captain.
The most expensive buy ever made in the IPL history was the auction of Australian pacer Pat Cummins at a whopping Rs 15.50 crore who will play for the Kolkata Night Riders (KKR). This is the most expensive foreign buy ever for IPL franchise.
Taking this into account, the BCCI president, Sourav Ganguly has given his insight that Cummins was picked up two times for the KKR team and he feels that the player was in high demand, that's why the price eventually went up.
Cummins broke the record of Ben Stokes who became the most expensive player in the auction of IPL 2017 at Rs. 14.5 crore.
The second position was taken by Australian all-rounder Glenn Maxwell at a price of Rs 10.75 crore bought by Kings XI Punjab. Whereas, Chris Morris became the third most expensive player at Rs 10 crore bought by Royal Challengers Bangalore (RCB).
Piyush Chawla, the leg spinner from Chennai Super Kings was the most expensive Indian sold for Rs 6.75 crore.
Apart from the big players mentioned above, some youngsters Under-19 team were picked up in the IPL 2020 auction.
Yashasvi Jaiswal, India's double centurion in Vijay Hazare Trophy was sold for Rs 2.4 crore to Rajasthan Royals, while Ravi Bishnoi, the leg-break bowler of India's Under-19 World Cup squad grabbed the deal at almost 10 times his base price who was bought by Kings XI Punjab for Rs 2 crore.
Another player who scored 343 runs in 10 innings at the Syed Mushtaq Ali Trophy in November 2019, Virat Singh was bought by Sunrisers Hyderabad for Rs 1.9 crore.