The eight existing franchises need to submit their 'Player Retention List' by January 10.
However talented left-handers --- South Africa's Quinton de Kock along with latest batting sensation from New Zealand Corey Anderson are two players who are likely to fetch a substancial amount during the next month's IPL auction.
Sehwag has been with the Delhi frachise from the first edition as an icon player and subsequently been retained at the various stages during the later part of the cash-rich league.
"Supposedly, the Daredevils goes for retention, Sehwag will either be bought for Rs 12.5 crore or Rs 9.5 crore as the GMR group-owned franchise logically doesn't have a reason to retain more than two players as it will affect their purse of Rs 60 allotted to buy a full squad", a top IPL official said.
"Retaining an in-form David Warner looks more viable option although Daredevils might just look to start afresh after their horrible run last season", the official said.