All eight Indian Premier League (IPL) franchises announced the list of players retained and released by them ahead of the IPL auctions on Friday.

The glitzy league is usually held in April-May every year and players' auction is being conducted in Kolkata for the first time on December 19.

While the franchises were allotted Rs 82 crore each for IPL 2019, Rs 85 crore per team has been earmarked for the 2020 season.

All eight Indian Premier League (IPL) franchises announced the list of players retained and released by them ahead of the IPL auctions on Friday.

The glitzy league is usually held in April-May every year and players' auction is being conducted in Kolkata for the first time on December 19.

While the franchises were allotted Rs 82 crore each for IPL 2019, Rs 85 crore per team has been earmarked for the 2020 season.