IPL mega auctions to be held on February 12 & 13

Somya Kapoor

The mega auctions of the Indian Premier League (IPL) are scheduled to take place on February 12 & 13 in Bengaluru as per a Cricbuzz report. 

The official confirmation from the BCCI is yet to come but if the reports are to be believed then the officials had called up the franchises on Thursday for informing the dates. It has been speculated that this might be the final mega auction for the tournament and afterwards, teams will be asked to build their own ecosystem. There will be 10 teams going into this year's auction, and for the first time in the history of the tournament, the two new teams - Ahmedabad and Lucknow, will be allowed to buy players outside the event.

While earlier it was reported that the auction would take place in December giving the teams ample time to familiarise themselves with the squad, investment firm CVC Capital's complexities with the deal pushed the event back to February.

According to reports emerging in the media, CVC Capital is scheduled to be all clear ahead of the mega-auctions.

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