© IANS
© IANS

IPL 2016 player auction is set to happen on February 6 in Bengaluru. The two new franchises—Pune and Rajkot—who have entered the Indian T20 cricket league for the upcoming two editions, replacing the suspended Chennai Super Kings (CSK) and Rajasthan Royals (RR). A total of 10 players—five each from RR and CSK—will be picked through a draft system from a pool of 50, with the remaining players going under the auction. According to official Twitter handle of Indian Premier League (IPL), the two new franchises to have draft picks on December 15 with Pune getting to pick the players first since they had the lower bid of the two. READ: IPL 2016 new teams: Why Pune will bid first and not Rajkot

The new franchises—Pune was bought by Kolkata-based business tycoon Sanjiv Goenka’s company New Rising, while the Rajkot bid was won by Intex Mobiles. While Goenka will shell out Rs 10 crore per year to the BCCI, Intex Mobiles will pay Rs 16 crore for the two-year deal. IPL 2016 will be played between April 9 and May 29.

All the eyes will be on MS Dhoni, Suresh Raina and Ravichandran Ashwin who have been associated with Chennai Super Kings from the first edition. Now with CSK banned for two years, these biggies will either play for Pune or Rajkot. READ: PL 2016: How will the CSK, RR players be divided between the two new franchises?

“They won’t take a single penny from the BCCI. In fact they will pay the BCCI,” Board Secretary Anurag Thakur told reporters after a meeting of the IPL Governing Council here. The teams were sold through the reverse bidding process for which the base price was set at Rs 40 crore and bidders had to quote an amount less than that. The lowest bidder was given the franchises.