#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.
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