A guide to this years Indian Premier League Auction

The Indian Premier League has two new teams and players looking to sign new deals. Chennai Super Kings will be looking to defend their title on June 2. As the richest cricket competition is set to kickstart its 15th edition on April 2, all eyes were focused on the mega auction that took place over the weekend. The riveting bidding saw a total of 204 players sold, with 76 professionals missing out. The bidding saw the 10 franchises spend a whooping ₹550. As teams looked to get the best possible squad to compete for the title, we looked at the biggest gainers and which teams assembled the best squads. Meanwhile, if you are a cricket fan supporting the biggest competition in the world, you can head over to sites such as Comeon cricket for some of the best odds in the market. Here is a rundown of how the clubs fared at the mega auction.

Chennai Super Kings
CSK opted for a strategy of keeping their star players. With an already big list of huge and experienced names, the major surprise was the signing of India Under-19 all-rounder Rajvardhan Hangargekar.

Delhi Capitals
Over the last three years, Delhi Capitals have been building on one of the best squads in the league. The mega auction thus meant they would start reassembling their core squad. They managed to capture David Warner, Mustafizur Rahman and Safaraz Khan on the cheap.

Gujarat Titans
The Gujarat Titans did not seem too concerned with strengthening their squad. In fact, they only got their targets at the tail end of the auction. Despite acquiring the services of Matthew Wade and Jason Roy, their batting still needs more work.

Lucknow Super Giants (LSG)
LSG got into the action early by bidding on multi-utility players such as Marcus Stoinis, Ravi Bishnoi, and KL Rahul whom they are looking to sort out their issues. They also acquired the services of Evin Lewis, Dushmantha Chameera and Avesh Khan.

Kolkota Knight Riders (KKR)
KKR broke the bank with their early bids of Shreyas Iyer, Nitisha Rana and Pat Cummings. However, it is perplexing for the bids they made since the squad looks unbalanced, especially on their bowling.

Mumbai Indians (MI)
MI fans will not be too happy with their squad despite the international acquisitions they have made. This is because most of them are considered one's for the future. They also do not have a marquee Indian player on their books.

Punjab Kings (PBKS)
PBKS can be said to be the big winners of the mega auction. They have covered almost all areas and they look to build a formidable squad for the future. On paper, they look like the team to beat this season.

Rajasthan Royals (RR)
RR look to have secured one of the best buys in Yuzvendra Chahal. They had one of the best outings during the auction as they looked to build a balanced squad.

Royal Challengers Bangalore (RCB)
RCB also had a good day building a well-rounded squad mainly consisting of young players.

Sunrisers Hyderabad (SRH)
SRH fans will not be happy with the auction as the team mainly relied on bidding for many young Indian players with little experience. The fact that they do not have a senior experienced Indian player may hinder their squad rebuilding.