IPL Auction 2018: Date, time, player list, rules and format

Rules and guidelines

- The players available for auctions will be sorted into groups based on their role and split into pots.

- The auctioneer will announce the player’s name and teams will start bidding for the player starting from the base price. The representatives of the teams will have to raise their team paddle for the bid. The team with the highest bid will get the player.

- The bidding will continue till all the other teams back out and the auctioneer calls the player sold.

- If the sold player is eligible for RTM, the auctioneer will enquire the team for which he played for in the previous season and if the team is willing to use their RTM card for that player, the auctioneer will sell the player to them for the same price he got in the auction.

- A player will go unsold if none of the teams raise their paddle.

- The unsold players will come back into the auction after all the players go under the hammer for the first time. The auctioneer will give the teams an option of listing the unsold players they are interested in and will start the bidding war for those players for the second time with the base price of the player slashed to half.