SunRisers Hyderabad has the biggest purse while Kolkata Knight Riders has the slimmest purse.
Liam Livingstone and Evin Lewis's explosive batting will meet its match in Chris Gayle's power and KL Rahul's finesse when Rajasthan Royals lock horns with Punjab Kings to improve upon their mid-table position in the Indian Premier League in Dubai on Tuesday.
The Punjab bowlers led by Kagiso Rabada have fared well. But the likes of Vaibhav Arora, Arshdeep Singh along with Rahul Chahar, who has nine wickets, would need to be on the money.
Images from the IPL match between Punjab Kings and Delhi Capitals, in Ahmedabad, on Sunday.
Following is the list of players who have been released by the different franchises ahead of the auction for the 2021 edition of the Indian Premier League.
Chahal, who has been out of form for quite some time, has already been pushed down to the lowest grade of BCCI's central contract after a poor last season.
In the middle-order, Shreyas will replace Kohli, who was given a much-needed break ahead of his landmark 100th Test.
Here's the full list of players sold on Day 1:
Punjab Kings buried Royal Challengers Bangalore under a deluge of runs as they kept their play-off hopes alive with a thumping 54-run victory, riding on superb half-centuries from Jonny Bairstow and Liam Livingstone.
Punjab Kings' batting unit hasn't hit the straps, save for Rahul and Mayank Agarwal and the bowling has been pedestrian.
In other big movements, Punjab Kings have released their last edition's captain Mayank Agarwal, while West Indies skipper Nicholas Pooran was released by Sunrisers Hyderabad.
Eyeing a top-two finish, Chennai Super Kings will start as the firm favourites when they take on Punjab Kings in the Indian Premier League, in Dubai, on Thursday.
Defending champions Mumbai Indians will need their famed top-order batting to fire and turn things around when they take on Punjab Kings in the IPL in Abu Dhabi on Tuesday.
Almost out of reckoning for a place in the play-offs, bottom-placed Sunrisers Hyderabad will look to play party-poopers when they take on an equally struggling Punjab Kings in the battle of laggards in the IPL in Sharjah on Saturday.
IMAGES from the IPL match played between Delhi Capitals and Punjab Kings in Navi Mumbai on Monday.
It will not be an easy task for a struggling Punjab side to stand up to the challenge thrown by a RCB team
Captain KL Rahul has been one of the few consistent performers in the formidable-looking Punjab batting unit and he once again led by example against MI
As coach Ricky Ponting pointed out, he would expect a better "on his feet" thinking from the young captain.
The two sides experienced contrasting fortunes in their respective tournament opener.
Punjab Kings skipper K L Rahul says his team can make the Indian Premier League's play-offs if it learns to handle pressure better and not lose games from commanding positions.
RR will have to get their combination right as only four foreigners can make the playing XI.
The duo of Vyas and Desai took the opposing bowlers to the cleaners throughout the innings while stitching a massive first-wicket partnership of 282 runs.
Rohit is confident that he would come good and has asked both critics and media to spare him the constant scrutiny.
KXIP's chances of a top four finish took a serious hit after Rajasthan Royals handed them a seven-wicket loss,
KXIP got its campaign back on track with three consecutive wins -- over mighty Delhi Capitals, Mumbai Indians and Royal Challengers Bangalore and the KL Rahul-led side would be hoping to carry the winning momentum forward to break into top four.
A win for Mumbai Indians will virtually seal them a spot in the play-offs while a loss for KXIP could send them out of contention.
Kings XI run into a RCB squad which has grown in confidence by leaps and bounds since their last meeting.
KL Rahul and Co would like forget the unsavoury incident and focus on the task ahead.
India would be looking to sort out issues such as the opening blues, the middle-lower order conundrum and also the bowling strategies during the three-match T20 series against West Indies.
It has been a dramatic turnaround for the KL Rahul-led side after a string a losses earlier in the tournament.
The nail-biting win over defending champions Mumbai Indians was certainly a morale-lifter but the inconsistent Kings XI Punjab have another tough battle at hand when they take on table toppers Delhi Capitals in the Indian Premier League, in Dubai, on Tuesday.
KKR are gradually emerging as a strong contender for a third IPL title
Their bowling attacks struggling to find form, Kings XI Punjab and SunRisers Hyderabad will look towards their power-hitters to do the job when the two erratic teams go head to head in an IPL match, in Dubai, on Thursday.
CSK have better resources but they must utilise them to the hilt. Teams:
Coming off heartbreaking losses, the Indian Premier League game between Mumbai Indians and Kings XI Punjab will be a test of character for both sides as they look to get back to winning ways, in Abu Dhabi, on Thursday.
A desperate Sunrisers Hyderabad would seek inspiration from skipper David Warner to arrest any further slide when they take on Punjab Kings in an IPL match, in Chennai, on Wednesday.
The match, at the Dubai International Cricket Stadium, will also be a face-off between skippers KL Rahul and Shreyas Iyer, both seen as future India captaincy material.
A roundup of the Vijay Hazare Trophy one-day matches played on Tuesday.
A restructured Kings XI Punjab have all the required ingredients to achieve success in the upcoming IPL but they have to ensure that good starts are not squandered and their overseas combination is apt.
Images from the Indian Premier League match between Rajasthan Royals and Punjab Kings, in Dubai, on Tuesday.