IPL auction to be held in Jaipur on December 18

The auction will be a one-day affair and there is also a change in venue with the event moving to the Pink City from Bengaluru.

The player auction ahead of the 2019 Indian Premier League will be held in Jaipur on December 18, the BCCI announced on Monday.

File picture of MS Dhoni and Virat Kohli (PTI)

The auction will be a one-day affair and there is also a change in venue with the event moving to the Pink City from Bengaluru.

Only 70 players -- 50 Indians and 20 overseas -- will be up grabs with eight teams left with a total purse of ₹145.25 crore.

Ahead of the auction, teams announced their retentions last month, while releasing a few big names.

Yuvraj Singh was released by KXIP while Delhi Daredevils let go of Gautam Gambhir.

Rajasthan Royals released Jaydev Unadkat after paying a whopping ₹11.5 crore for his services at the auction held ahead of the 2018 edition.

Sunrisers Hyderabad dumped injured Wriddhiman Saha along with West Indies T20 captain Carlos Brathwaite.

Mumbai Indians released some top international stars like JP Duminy and fast bowling duo of Pat Cummins and Mustafizur Rahman of Bangladesh.

The 2019 edition may be held outside India, partially or completely, if it clashes with the general elections.