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The auction will be followed by a day long IPL Franchise Workshop on February 21.
“The 2017 IPL player auction will be held on February 20 at the Ritz-Carlton in Bengaluru,” a statement from the IPL read.
“The IPL franchises will go into the player auction with a maximum of Rs 143.33 crore purse for 2017 season,” it added.
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The auction was delayed from the originally proposed date of February 4 due to the administrative changes in the Board of Control for Cricket in India (BCCI) following the directions of the Supreme Court.
BCCI’s Committee of Administrators (COA) has already finalised the dates for the tournament with the league starting on April 5 and the final slated for May 21.