IPL auction: Stokes, Ashwin headline marquee players

Australian speedster Mitchell Starc and England captain Joe Root are also among the top foreigners who will be under the hammer in the auction.

Root's entry in the marquee list is an indication that England and Wales Cricket Board has finally understood what their players want.

Stokes was cleared to play for England again on Wednesday despite being charged with affray. He was earlier suspended by the ECB from international duty for his involvement in an incident outside a nightclub in September that reportedly left a man with a fractured eye socket. While more than 1000 players had registered for the auctions, the BCCI has pruned the list to 578 players.

The players have been bracketed into eight distinct slabs as per their profiles.

The slabs for internationals (Indian and foreign) are Rs 2 crore, Rs 1.5 crore, Rs 1 crore, Rs 75 lakh and Rs 50 lakh respectively while uncapped players are base-priced at Rs 40, 30 and 20 lakh respectively.

"A lot of strategizing and number-crunching is involved before a cricketer is picked at the IPL Player Auction. The dynamic nature of the auction makes it unpredictable and exciting," IPL Chairman Rajiv Shukla said in a release.

"The eight franchises have given us an indication of what their core would be with their Player Retentions and IPL 2018 Player Auction will be an important step towards the creation of a successful team. The marquee list is full of star players, but I am also looking forward to the uncapped Indian players who have proved their mettle in the earlier editions of the VIVO IPL and are sure to attract high bids."