How much money does each IPL team have left for the IPL 2027 auction? The honest answer, a week before the retention deadline, is that nobody knows the final figure yet — but the starting point is clear. This article gives the verified purse left over after the IPL 2026 auction, explains how the 2027 purse is built up from it, and shows how the four confirmed trades have already moved money around. All figures are dated 10 November 2026 and will change when the retention lists are announced on 17 November.
Salary Cap vs Auction Purse: Two Different Numbers
Two figures are often mixed up, so here is the difference. The total salary cap for 2027 is ₹157 crore per franchise, set under the IPL’s 2025–27 player regulations (₹146 crore in 2025, ₹151 crore in 2026, ₹157 crore in 2027). That cap covers the auction purse plus incremental performance pay and match fees of ₹7.5 lakh per match.
The auction purse — the money teams actually bid with — is reported at ₹130 crore for 2027, up from ₹125 crore at the 2026 auction and ₹120 crore at the 2025 mega auction. That ₹130 crore figure comes from Cricbuzz reporting, but the BCCI has not published a 2027 purse figure, and some reports still cite ₹120 crore — which is the outdated 2025 number. So treat ₹130 crore as reported, not confirmed.
Purse Left After the IPL 2026 Auction
The IPL 2026 auction ended with every squad full at 25 players, so every team had zero slots left. What each team had left in the bank is the base on which the 2027 purse is built. These figures are agreed by Cricbuzz, IPL.com and Business Standard.
| Team | Purse left after IPL 2026 auction |
|---|---|
| Sunrisers Hyderabad | ₹5.45 crore |
| Lucknow Super Giants | ₹4.55 crore |
| Punjab Kings | ₹3.50 crore |
| Rajasthan Royals | ₹2.65 crore |
| Chennai Super Kings | ₹2.40 crore |
| Gujarat Titans | ₹1.95 crore |
| Mumbai Indians | ₹0.55 crore |
| Kolkata Knight Riders | ₹0.45 crore |
| Delhi Capitals | ₹0.35 crore |
| Royal Challengers Bengaluru | ₹0.25 crore |
Sunrisers Hyderabad therefore start with the most room, and Royal Challengers Bengaluru with the least. But these are only leftovers. The 2027 auction purse is ₹5 crore higher than 2026’s, so each team first gains roughly ₹5 crore, and then every release frees up that player’s fee, while every retention and trade costs money. The final purse for each team will only be known after the retention deadline on 17 November 2026.
How the Confirmed Trades Have Moved the Money
Ten players have already changed teams in four completed trades, and each trade shifts purse room between the two clubs involved.
| Trade | Players | Net purse effect |
|---|---|---|
| Delhi Capitals ↔ Lucknow Super Giants | Rishabh Pant (₹15 crore) to DC; Kuldeep Yadav (₹13.50 crore) to LSG | DC lose about ₹1.50 crore; LSG gain about ₹13.50 crore (Pant’s old ₹27 crore fee is off their books) |
| Delhi Capitals ↔ Sunrisers Hyderabad | T. Natarajan (₹5 crore) to SRH; Zeeshan Ansari (₹40 lakh) to DC | DC gain about ₹10.35 crore; SRH lose about ₹4.60 crore |
| Chennai Super Kings ↔ Sunrisers Hyderabad | Liam Livingstone (₹6 crore) and Jack Edwards (₹3 crore) to CSK; Khaleel Ahmed (₹4.80 crore) and Nathan Ellis (₹2 crore) to SRH | CSK lose about ₹2.20 crore; SRH gain about ₹9.20 crore |
| Mumbai Indians ↔ Punjab Kings | Hardik Pandya (₹18 crore) to PBKS; Arshdeep Singh (₹18 crore) to MI | MI lose about ₹1.65 crore; PBKS unchanged (₹18 crore out, ₹18 crore in) |
Adding the two Delhi trades together, Delhi Capitals come out about ₹8.85 crore ahead on purse room, while Sunrisers Hyderabad gain about ₹4.60 crore overall from their two deals. Lucknow Super Giants are the biggest winners from trading so far, freeing roughly ₹13.50 crore by moving Pant’s ₹27 crore contract and taking Kuldeep Yadav at ₹13.50 crore.
The fourth confirmed trade is the Hardik Pandya–Arshdeep Singh swap between Mumbai Indians and Punjab Kings, officially announced by the IPL on 11 November 2026 and formally approved by the BCCI. Hardik moves to Punjab Kings at ₹18 crore, up from his existing ₹16.35 crore, while Arshdeep moves to Mumbai Indians at his existing ₹18 crore. On the purse maths, Mumbai Indians lose about ₹1.65 crore from the swap (₹18 crore in, ₹16.35 crore out), while Punjab Kings are unchanged (₹18 crore out, ₹18 crore in).
Purse Remaining by Team: The Starting Point for 2027
The table below is the starting point each team carries into retention week: the money left after the 2026 auction, plus the ₹5 crore annual purse increase. It is not the final auction purse — releases on 17 November will free up much more, and retentions will eat into it. Teams that release expensive players, such as a ₹18 crore overseas star, will suddenly have far more to spend in Goa.
| Team | Left after 2026 auction | Plus ₹5 crore increase | Starting point before retentions |
|---|---|---|---|
| Sunrisers Hyderabad | ₹5.45 crore | ₹5 crore | ₹10.45 crore |
| Lucknow Super Giants | ₹4.55 crore | ₹5 crore | ₹9.55 crore |
| Punjab Kings | ₹3.50 crore | ₹5 crore | ₹8.50 crore |
| Rajasthan Royals | ₹2.65 crore | ₹5 crore | ₹7.65 crore |
| Chennai Super Kings | ₹2.40 crore | ₹5 crore | ₹7.40 crore |
| Gujarat Titans | ₹1.95 crore | ₹5 crore | ₹6.95 crore |
| Mumbai Indians | ₹0.55 crore | ₹5 crore | ₹5.55 crore |
| Kolkata Knight Riders | ₹0.45 crore | ₹5 crore | ₹5.45 crore |
| Delhi Capitals | ₹0.35 crore | ₹5 crore | ₹5.35 crore |
| Royal Challengers Bengaluru | ₹0.25 crore | ₹5 crore | ₹5.25 crore |
The trade effects in the previous section sit on top of these starting points. A team like Delhi Capitals, which starts near the bottom of this table, is actually in a much stronger position once its trade gains are counted, while Chennai Super Kings lose a little ground from the four-player exchange with Hyderabad.
What Changes on 17 November
- Every release frees up that player’s full fee. A team releasing two or three expensive players can double its purse overnight.
- Every retention locks money in. Retaining a star at ₹18 crore or more leaves far less for the auction.
- The trading window stays open until 9 December, so more swaps can still move money between teams.
- The mini-auction itself is on 16 December 2026 in Goa, with player registration closing on 23 November and the final auction register due on 3 December.
Frequently Asked Questions About the IPL 2027 Purse
What is the IPL 2027 salary cap?
The total salary cap for 2027 is ₹157 crore per franchise. That covers the auction purse plus performance pay and match fees. The auction purse inside it is reported at ₹130 crore.
Which team has the most purse left for IPL 2027?
On the verified post-2026-auction leftovers, Sunrisers Hyderabad have the most, ₹5.45 crore, before the ₹5 crore annual increase and any releases. But the final ranking will change completely after the retention lists on 17 November.
When will the final purse figures be known?
After the retention and release deadline on Tuesday, 17 November 2026. Until then, every per-team purse figure is a starting point, not a final number.
How many players can each team buy at the auction?
Squads must have between 18 and 25 players, with no more than eight overseas players. After the 2026 auction every squad was full at 25, so teams can only buy after releasing players first.
What is the IPL 2027 auction date?
The IPL 2027 mini-auction is on Wednesday, 16 December 2026, in Goa. It is the last mini-auction of the current cycle, with a mega auction ahead of the 2028 season.
Conclusion
Right now, Sunrisers Hyderabad hold the most purse room from last season’s leftovers, and Royal Challengers Bengaluru the least — but that ranking means very little until 17 November. Releases will free up tens of crores across the league, and the confirmed trades have already shifted the picture, with Lucknow and Delhi the early winners. The real purse table for the Goa auction will only take shape once the retention lists are in. This article will be updated after the deadline.
Source: Business Standard — IPL 2027: full list of traded players, proposed deals and trading rules: https://www.business-standard.com/amp/cricket/ipl/ipl-2027-full-list-of-traded-players-proposed-deals-and-trading-rules-126111000200_1.html
Green Benn is a dedicated sports writer specializing in cricket, including IPL and international formats. Known for clear, engaging, and informative content, Green simplifies complex match analysis and player statistics for all readers. Passionate about sports storytelling, Green delivers reliable, SEO-friendly articles that keep fans updated and informed