This is the last auction of the 10-year cycle after which all players are set to go back into the auction pool. While the maximum squad strength can be 27, most franchises like to keep squad base between 22 and 24.
The base price ranges from Rs 10 Lakh to Rs 2 crore and there could be a clamour for uncapped Indian players based on their performances during the recent Syed Mushtaq Ali Trophy.
At his base price and his erratic bowling in the format, Ishant is a tricky pick. Being a current India player is his only USP as franchises also need faces for brands to invest in them.
But Irfan Pathan, now dubbed as an 'IPL specialist' with a base price of Rs 50 lakh and his all-round abilities, can get a few bids. Fast bowler Varun Aaron, with a reasonable Rs 30 lakh base price, is expected to attract bidders.
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Rookie left-arm speedsters T Natarajan of Tamil Nadu, Kulwant Khejroliya of Delhi along with right-arm pacer Basil Thampi of Kerala could also invite good bids. All three are in the lowest base price bracket of Rs 10 lakh.
Khejroliya and Natarajan have appeared for trials at multiple franchises and Thampi bowls at 140 clicks regularly with an ability to hit the blockhole during death overs.
A clutch of top England players, including dashing all-rounder Ben Stokes, limited-overs skipper Eoin Morgan (back in auction) and hard-hitting opener Jason Roy have entered the fray but in all likelihood will only be available for the month of April.
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In case of Stokes, being an all-rounder obviously helps and as a complete package he can make a difference even if he plays 8-10 matches for his franchise.
Prolific West Indies opener Evin Lewis, who hammered Indian bowlers in Florida T20s and South African fast bowler Kagiso Rabada could be hot picks. With Lewis again, the problem will be his scheduling.
The auction pool is an interesting mix with five Afghanistan players. But Mohammed Shahzad (BP Rs 50 lakh) with his pyrotechnics and spinner all-rounder Mohammed Nabi (BP Rs 30 lakh) may get deals, which will be a historic first and big boost for India's friendly neighbourhood.
Kings XI Punjab and Daredevils, with purse of Rs 23.35 crore and Rs 23.10 crore respectively may engage in some heavy duty buying. RCB with Rs 11.55 crore and Rs 12.82 crore have the least budget.
One shouldn't be surprised if Delhi indulges in buying a rookie or a seasoned player for a bomb as has been the trend with them over the years only to dump them next year terming it as "cost rationalisation".
Pawan Negi's million dollar deal during last year's auction was an embarrassment for the GMR-owned franchise as they were forced to dump the puny left-arm spinner this year.
It will be an interesting eight hours in the Garden City as the franchises loosen their purse strings.