IPL Auction 2019: How much money is left with each franchise?

The Indian Premier League fever is back as the teams get ready for the auction which is to take place in Jaipur on December 18. However, it will not be a grand affair like last time, which saw complete squad overhauls.

A few big transfers were already announced earlier with Sunrisers Hyderabad's Shikhar Dhawan making a switch to the Delhi Daredevils and Royal Challengers Bangalore's Quinton de Kock moving to the Mumbai Indians.

During last season's auction, a whopping ₹ 431.7 crores were spent over the two days. We can expect the amount to be a lot lesser this time but we can surely expect a few exciting signings in the process as well.

The salary cap for each team risen from ₹ 80 to 82 crore for the season.

So, let's take a look at the amount of money left in each team's purse for the upcoming auction:

#8 Royal Challengers Bangalore:

RCB had yet another season to forget last time around, finishing sixth on the table. Apart from Virat Kohli and AB de Villiers, none of the other batsmen really made a mark for themselves.

This time around, they have already let go of Quinton de Kock and released many players as well. However, they did go on to trade Mandeep Singh for KXIP all-rounder Marcus Stoinis.

They have Rs 18.15 crore left with them.

#7 Sunrisers Hyderabad

SRH won the title in 2016

Last year's table-toppers and runners-up, Sunrisers Hyderabad, let go of Shikhar Dhawan prior to the auction. In exchange, they received Vijay Shankar, Shahbaz Nadeem, and Abhishek Sharma.

Additionally, they released 9 players.

They have a lot of talented players in their squad, who performed well last season. We can expect them to not make too many changes to their winning combination this season.

They have ₹ 9.70 crores left with them for the auction.

#6 Kolkata Knight Riders

The Dinesh Karthik-led side defied the odds and qualified for the playoffs last year. Unfortunately, they fell short before the final.

They spent a lot of money last year, purchasing the services of players like Chris Lynn, Dinesh Karthik, Robin Uthappa, and Kuldeep Yadav, to name a few.

They released 8 out of the 21 players of their squad and are left with ₹15.14 crores to spend.

#5 Mumbai Indians

Three-time champions Mumbai Indians did not live up to expectations last season as they finished fifth on the table and failed to qualify for the playoffs.

This year, they have already strengthened their squad by purchasing Quinton de Kock from the Royal Challengers Bangalore. However, they did let go of quite a few players.

It will be interesting to see what other changes they make to their team in the upcoming auction.

They have ₹12.40 crore left with them as of now.

#4 Rajasthan Royals

The Royals have been a consistent side in the IPL. Last year, they finished fourth on the table and qualified for the playoffs. However, they failed to reach the final, losing to KKR in the eliminator itself.

Led by Ajinkya Rahane, the Royals did not make any trades but released many players. It will be interesting to see who they decide to go for in the upcoming auction.

They have ₹21.45 crores left with them.

#3 Delhi Daredevils

It was yet another poor season for the Delhi Daredevils last time around as the finished at the bottom of the table. Gautam Gambhir, who began the season as the captain, stepped down after a few games after which Shreyas Iyer took over. Gambhir has been released as well.

They have a lot of youngsters in their team and have now purchased the service of Shikhar Dhawan as well.

They have ₹ 25.5 crore left with them for the upcoming auction.

#2 Kings XI Punjab

The Kings XI started off last season with a bang and were on top of the table at one point. However, they crumbled soon after that and ended up finishing seventh on the table.

Led by Ravichandran Ashwin, KXIP have roped in Mandeep Singh from RCB and have given Marcus Stoinis to them in exchange. Mandeep was a part of KXIP before and could be a handy batsman at the top of the order or in the middle-order.

They released a lot of players, including the likes of Yuvraj Singh and Aaron Finch.

They have the most money left to spend at ₹ 36.20 crores.

#1 Chennai Super Kings

It was a season to remember for CSK, who made a comeback after a two-year ban and went on to win the league as well. Despite having a lot of players over the age of 30, they defied the odds and did the unthinkable.

As of now, they have not made any significant changes to their team.

They released only three players, including Englishman Mark Wood.

They have ₹10.40 crores left to spend.