IPL 2026 Photos: Team wise and purse ahead of mini-auction

The stage is then set for a high-stakes mini-auction Indian Premier League (IPL) Franchises completed catch-up lists and release lists on November 15, 2025. The mini-auction on December 16, 2025, in Abu Dhabi, completely changed the Blockbuster trade and the squad dynamics in the league.

Unlike their teams, the mega-auction led to a wave of calculated releases, creating a purse that provided a salary cap of ₹ 120 crore and a maximum squad size of ₹ 257.55 crore for the remaining 77 player slots. Kolkata Knight Riders (KKR) While leading the financial war chest Mumbai Indians (mi) face the auction with the smallest budget.

Here are the full details of the available slots and bagged ones:

Kolkata Knight Riders (KKR)

KKR made the most aggressive financial cuts, releasing high-value players Venkatesh eats (₹ 23.75 cr) and Andre Russell (₹ 12 CR). This decision leaves them with a commanding wallet, allowing them to effectively rebuild their middle and foreign balance.

Chennai Super Kings (CSK)

Despite the sensational trade Sanju Samson (in) for Ravindra jadeja and Sam Curran (Out), the super kings managed to maintain a healthy bag. The release of major international boxers Matheesha Pathirana (₹ 13 cr) and top order bats like Devon consway and Rachin Ravindra Renew an important staff around the captain Travel Giikwad and the legendary Mrs. Dhoni.

Sunrisers Hyderabad (SRH)

SRH have a stable budget to replace key departures, especially the trade of ACCA Ace Muhammad Shami to lsg. Their focus is likely to be on strengthening the fast bowling unit and adding depth to their squad.

Lucknow Super Giants (LSG)

LSG secured a big win by trading Muhammad ShamiPACE significantly strengthens its attacks. The convenience of their bag will allow them to find a suitable replacement for the star spinner Ravi Bishnoi (Released) and fill in the remaining few slots.

Delhi Capitals (DC)

DC made a trade Nitish rana and maintained a strong Indian core that led Akhar Patel and Kl rahul. Their bag is average, suggesting that they will be looking for a few high-impact players to complete the playing XI.

Rajasthan Royals (RR)

Blockbuster trade brought by RR Ravindra jadeja and Sam Curran Enter the floor, spend a lot of money on them. With only one External slot to fill, the limited wallet and nine available slots will be focused primarily on getting quality internal backups.

Royal Paintings Bengaluru (RCB)

RCB has made eight strategic releases to free up cash. Their focus will be on filling their eight available slots with eight trunk bags targeting specific roles to complement Kohli and Patidar’s star-studded batting line-up.

Read: From Andre Russell to Matheesha Pathirana: Here’s the Complete List of Players Released Ahead of IPL 2026 Auction

Gujarat Titans (GT)

GT maintained a core of 20 players, leaving little room for maneuver. They have to be pretty selective in their followers, including just five rookies, including their fourth pick, to round out their balanced lineup.

kings of punjab (pbks)

The Pbks have retained the most players (21) of any franchise that favors stability. Their small bag and only four open slots suggest a strategy to round out their targets, leaving players free as only one or two high-value, targeted offers. Glenn Maxwell.

Mumbai Indians (mi)

The five-time champions enter the auction as the most cash-strapped team, with only ₹ 2.75 crore remaining. He retained a full-strength core of 20 players, including trades Shardul thakur and Sherfane RutherfordMi will be limited to bargain hunting to fill their five available slots, including only one overseas position.

Read: IPL 2026 ACQUISITIONS: Full list of players ahead of Indian Premier League mini auction