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IPL 2019 auction to be held on December 18

A file photo of IPL trophy. Photograph:( Zee News Network )

WION Web Team New Delhi, Delhi, India Dec 03, 2018, 10.45 PM (IST)

The Indian Premier League auction for the 2019 edition will be held in Jaipur on December 18, the Board of Control for Cricket in India confirmed on Monday. 

A total of 70 slots are available with a maximum of 50 Indian players and 20 overseas players allowed to be picked.

Punjab have the maximum amount left in the purse having released 11 players from their pool. 
Defending champions Chennai, led by Mahendra Singh Dhoni, can buy just two players - having retained 23 players - and have Rs. 8.4 crores in their bank. 

Apart from these two, Delhi, Rajasthan and Kolkata are also expected to be on a shopping spree.

Mumbai will look to fill just one overseas spot while Kolkata can buy the maximum number of overseas players - five. 

Hyderabad have Rs 9.70 crores in their purse and have three Indian slots and two overseas slots to fill.