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IPL Auction 2022 live updates| Mega IPL auction begins

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Good afternoon and welcome to our coverage of the IPL Auction 2022 in Bengaluru. With their eyes set on future investments and buying long term leaders, the franchises will be looking to mix up some big names and a lot more emerging ones.

Among the 10 marquee players, David Warner, Shreyas Iyer and Pat Cummins could go for megabucks. They are proven performers, who double their value as potential captains. They will pique the interest of Royal Challengers Bangalore (RCB), Punjab Kings and Kolkata Knight Riders (KKR) — franchises in search of a concrete leadership group.

12:25 p.m.

Pat Cummins sold to Kolkata Knight Riders for Rs. 7.25crore. His base price was 2 crore.

12:04 p.m.

Shikhar Dhawan goes to Punjab for Rs. 8.25 crore.

The auction begins with a thanks to the broadcasters, support staff and the players.

The first player to go under the hammer is Shikhar Dhawan. Starting with a base price of Rs. 2 crore. 2crore 20 lakh bid by Delhi. 2.40 crore by Rajasthan royals. Delhi-2.60 crore-Royals 2.80. Rs. 3crore Delhi. 3.20-royals. 3.40-Delhi. 360-royals. 380-delhi. 460 by delhi. 480 by royals. 5crore by delhi. Punjab 5.25 jumps in-5.75 punjab kings. 600 delhi. 6.25crore Punjab. Delhi 6.50- Punjab 6.75 crore- 7crore Delhi- 7.25 punjab. 7.50 delhi. 825 punjab. Sold to Punjab.

Ravichandran Ashwin with a base price of 2 crore. Delhi starts the bid. 220 for Royals. Delhi-2.40. ROyals-2.60. Delhi-2.80. Royals-3crore. Delhi 3.20. Royals-3.40. Delhi-3.60. Delhi-4crore. Royals-4.20. Delhi-4.80. Rajasthan-5.crore. Sold to Rajasthan.

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