Updated: 29 October 2026

IPL 2027 Auction: Date, Time, Venue, Purse and Rules

The IPL 2027 auction is expected on Wednesday, 16 December 2026, at the ITC Grand in Goa. It is a mini auction that runs for one full day, the last one before the next mega auction ahead of IPL 2028. All ten teams must name the players they are keeping by 15 November 2026.

This page covers the date, start time in your country, where to watch, the rules, and every big buy from past auctions. We update it as soon as anything new is out.

16 Dec

auction date (expected)

Goa

ITC Grand, first IPL auction in Goa

Mini

auction type

15 Nov

retention deadline

Quick facts

IPL 2027 Auction at a Glance

Here is what we know so far. The status column tells you how firm each detail is.

DetailWhat we knowStatus
DateWednesday, 16 December 2026Reported
VenueITC Grand Goa, IndiaReported
City and monthGoa, December 2026Confirmed
Team briefingTuesday, 15 December 2026, same venueReported
Auction typeMini auction, one full dayConfirmed
Retention deadlineSunday, 15 November 2026 (the IPL has told all ten teams)Reported
Trade deadlineAbout 9 December 2026, a week before the auctionReported
Final player listGoes to the teams about a week before the auctionReported
Start timeNot out yet (the 2026 auction began at 2:30 PM IST)Not announced
Purse per teamNot out yet (each team had ₹125 crore in 2026)Not announced
Total salary cap for 2027₹157 crore per teamReported
Teams taking part10Confirmed

ESPNcricinfo first reported the 16 December date, and the BCCI has shared it with all ten teams. BCCI secretary Devajit Saikia said in September that the auction will be held in Goa in December. A formal notice with the date has not come out yet. The auction will take the whole day, and it clashes with the second India vs Sri Lanka ODI in Bengaluru, so a small change is possible.

Your local time

IPL 2027 Auction Time in Your Country

The start time has not been announced yet. The last auction, in December 2025, started at 2:30 PM IST. If this one starts at the same time, here is when it begins where you live.

CountryLocal time on 16 December 2026
India2:30 PM (IST)
Sri Lanka2:30 PM
Nepal2:45 PM
Bangladesh3:00 PM
Pakistan2:00 PM (PKT)
UAE and Oman1:00 PM (GST)
Qatar, Kuwait and Saudi Arabia12:00 PM
Singapore and Malaysia5:00 PM
United Kingdom9:00 AM (GMT)
USA (East Coast)4:00 AM (EST)
Australia (Sydney)8:00 PM (AEDT)

We will change this table to the real time the moment the BCCI confirms it.

Watch legally

Where to Watch the IPL 2027 Auction Live

On TV and online in India

The 2026 auction was shown live on the Star Sports channels and streamed on JioHotstar. JioStar holds the IPL rights until the end of the 2027 season, so the 2027 auction is very likely to be on the same channels.

Follow it here, player by player

On auction day we will run a live tracker with every player sold and unsold, the price, the team that bought him and how much money each team has left. Bookmark our latest updates page so you do not miss it.

Clearing up the confusion

Is IPL 2027 a Mega Auction?

No. A lot of people are searching for “IPL 2027 mega auction”, but the 2027 auction is a mini auction. It is the last one of the 2023 to 2027 cycle. The next mega auction, where almost every squad is rebuilt, is planned before IPL 2028. Here is how the two are different.

Mini auction (IPL 2027)Mega auction (next: before IPL 2028)
Why it happensTeams fill a few gaps in their squadsTeams rebuild their squads almost from scratch
Players retainedNo limit, teams keep most of their squadOnly a few (the limit was 6 in the 2025 mega auction)
Right to Match (RTM)Not usedUsed in the 2025 mega auction
How longOne dayUsually two days
Players soldFewer (77 in the 2026 auction)Many more, since every squad needs filling

Step by step

Road to the IPL 2027 Auction

The auction is the last step of a process that starts months earlier. Here is the order things happen in.

WhenWhat happensStatus
June 2026Trade window opens, a month after IPL 2026 ended. The Pant and Kuldeep swap was done this month.Confirmed
15 Nov 2026Last day for teams to submit retained and released playersReported
After 15 NovThe IPL sends the pool of registered players to all teams so they can make their shortlistsReported
About 9 Dec 2026Trade window closes, one week before the auctionReported
Week before the auctionFinal auction list and the order of player sets go to the teamsReported
15 Dec 2026Auction briefing for all ten teams in GoaReported
16 Dec 2026IPL 2027 auctionReported
After the auctionTrade window opens again and stays open until a month before the seasonExpected

The rulebook

IPL 2027 Auction Rules

These rules come from the IPL player regulations for 2025 to 2027. A few details for 2027 still need confirming, and we have marked those.

Squad size

Each team can have up to 25 players, and no more than 8 overseas players.

Retentions

There is no limit on how many players a team keeps before a mini auction. The fee of every retained player comes out of the purse.

No RTM cards

Right to Match is not used in a mini auction. If a team wants a player it released, it has to win him in open bidding like everyone else.

Purse and salary cap

The 2027 auction purse is not out yet. Teams had ₹125 crore each in 2026. The total salary cap for 2027 is reported at ₹157 crore, which covers the purse, performance pay and match fees.

Cap on overseas fees

In 2026, an overseas player could take home no more than ₹18 crore, even if a team bid more. The extra money went to the BCCI for player development. It is not yet confirmed if the same cap applies in 2027.

Pulling out has a cost

An overseas player who is bought and then pulls out before the season without a valid reason, such as an injury, can be banned from the IPL and its auction for two seasons.

Auction day

How the IPL Auction Works

If you have never watched an IPL auction, this is how the day goes.

  1. Players register for the auction and pick a base price. In 2026, base prices ranged from ₹30 lakh to ₹2 crore.
  2. Teams go through the registered list and pick the players they want to see. Only this shortlist goes into the auction. In 2026, 1,355 players registered and 369 made the shortlist.
  3. The shortlisted players are split into sets, such as capped batters, capped bowlers and uncapped players, and they come up one set at a time.
  4. The auctioneer calls a player at his base price, and teams raise their paddles to bid. The bid goes up in fixed steps until only one team is left.
  5. If nobody bids, the player goes unsold. Near the end there is a faster round, where teams can ask for unsold players to come back.
  6. Each team must stay within its purse and its squad limits. The day ends when teams have filled their spots or run out of money.

Before the auction

IPL 2027 Trades Done So Far

Teams can swap players or buy them for cash before the auction. These are the trades that have actually been completed.

PlayerFromToWhen
Rishabh PantLucknow Super GiantsDelhi CapitalsJune 2026
Kuldeep YadavDelhi CapitalsLucknow Super GiantsJune 2026
T NatarajanDelhi CapitalsSunrisers Hyderabad2026
Zeeshan AnsariSunrisers HyderabadDelhi Capitals2026

Last checked on 29 October 2026. We only add a trade once it is done, not when it is a rumour.

Records

Recent IPL Auctions and Their Biggest Buys

The 2027 auction is the first in India since December 2022. Here is how the last few auctions went.

SeasonTypeVenueDateMost expensive buy
2027MiniGoa16 Dec 2026 (expected)To be decided
2026MiniAbu Dhabi16 Dec 2025Cameron Green, KKR, ₹25.20 crore
2025MegaJeddah24–25 Nov 2024Rishabh Pant, LSG, ₹27 crore
2024MiniDubai19 Dec 2023Mitchell Starc, KKR, ₹24.75 crore
2023MiniKochi23 Dec 2022Sam Curran, PBKS, ₹18.50 crore
2022MegaBengaluru12–13 Feb 2022Ishan Kishan, MI, ₹15.25 crore

Swipe the table sideways to see every column.

Highest bid ever

₹27 crore

Rishabh Pant to LSG, 2025 mega auction

Highest bid for an overseas player

₹25.20 crore

Cameron Green to KKR, 2026. Under the cap, he is paid ₹18 crore

Highest bid for uncapped players

₹14.20 crore

Prashant Veer and Kartik Sharma, both to CSK, 2026

What happened at the 2026 auction

Kolkata Knight Riders were the big spenders in Abu Dhabi. They bought Cameron Green for ₹25.20 crore, Matheesha Pathirana for ₹18 crore and Mustafizur Rahman for ₹9.20 crore. Chennai Super Kings spent ₹14.20 crore each on two uncapped players, Prashant Veer and Kartik Sharma, and Sunrisers Hyderabad picked up Liam Livingstone for ₹13 crore. In all, 77 players were sold. Big names like Jonny Bairstow, Devon Conway and Jake Fraser-McGurk went unsold.

Money left

IPL 2027 Purse Remaining for Each Team

How much each team can spend depends on who it keeps. Every retained player’s fee comes out of the purse, so teams that let big names go walk into the auction with more money. The BCCI has not announced the 2027 purse yet.

Coming on 15 November: once the retention lists are out, we will add a table here with every team’s purse left, the number of open spots and how many overseas slots each team still has.

Your questions

IPL 2027 Auction FAQs

When is the IPL 2027 auction?

The IPL 2027 auction is expected on Wednesday, 16 December 2026. The BCCI shared this date with all ten teams, along with a briefing on 15 December. A formal announcement has not come out yet.

How long will the IPL 2027 auction last?

One full day. The auction is expected on Wednesday, 16 December 2026, with a briefing for the teams the day before. A mini auction has fewer spots to fill, while mega auctions usually run over two days.

When is the IPL 2027 retention deadline?

Sunday, 15 November 2026. The IPL has told all ten teams that their lists of retained and released players are due by then. The BCCI has not put out a public notice yet.

Where will the IPL 2027 auction be held?

The IPL 2027 auction will be held in Goa, with the ITC Grand Goa reported as the venue. It is the first IPL auction in Goa, and the first in India since the Kochi auction in December 2022.

What time will the IPL 2027 auction start?

The start time is not announced yet. The 2026 auction started at 2:30 PM IST, which is 1:00 PM in the UAE and 2:00 PM in Pakistan. We will update this as soon as the time is confirmed.

Is IPL 2027 a mega auction or a mini auction?

IPL 2027 has a mini auction. Teams keep most of their players and only fill gaps. The next mega auction is planned before IPL 2028.

How much purse does each team have for IPL 2027?

The 2027 purse has not been announced. Each team had ₹125 crore at the 2026 auction, and the total salary cap for 2027 is reported at ₹157 crore. The money each team has left will be clear after the retention deadline on 15 November 2026.

Can teams use RTM cards in the IPL 2027 auction?

No. Right to Match cards are not used in a mini auction. A team that wants a released player back has to win him in open bidding.

Where can I watch the IPL 2027 auction live?

In India, the 2026 auction was shown on Star Sports and streamed on JioHotstar, and JioStar holds the IPL rights until the end of the 2027 season. We will also run a live sold and unsold tracker on auction day.

Who is the most expensive player in IPL auction history?

Rishabh Pant is the most expensive buy in IPL auction history. Lucknow Super Giants bought him for ₹27 crore at the 2025 mega auction. The highest bid for an overseas player is ₹25.20 crore, for Cameron Green by KKR in 2026.

How We Check Our Facts

Every date, rule and number on this page comes from BCCI statements reported by trusted outlets and from official auction records. When a detail is not confirmed, we say so. Spotted a mistake? Tell us and we will fix it.

Main sources: Business Standard (date, retention deadline, trade window), The Sporting News (venue, briefing, rules), Republic World (Saikia on Goa), Outlook (full-day auction, player list), CricTracker (retention and trade deadlines), India TV (trades) and 2026 auction records.