Hello, and Welcome to our coverage of the Indian Premier League player auctions 2016.

The long -awaited IPL auction will kick start in few minutes. 351 players will go under the hammer today in the IPL 2016 auction.

Funds remaining  for the IPL season 9
Delhi Daredevils:  Rs. 37,15,00,000

Kings XI Punjab: Rs. 23,00,00,000

Kolkata Knight Riders: Rs. 17,95,00,000

Mumbai Indians: Rs. 14,40,50,000

Royal Challengers Bangalore: Rs. 21,62,50,000

Sunrisers Hyderabad: Rs. 30,15,00,000

Rising Pune Supergiants: Rs. 27,00,00,000

Gujarat Lions: Rs. 27,00,00,000