The eight IPL teams could retain and release players from their squad during the retention window which ended on 15 December 2016. The salaries of the released players would be added to the salary purse of ₹66 crore, while the salaries of the retained players was deducted from this purse. The list of retained and released players was made public on 19 December 2016.[1][2]
Transfers
The first trading window was open in December 2016 while the second trading window was open from 13 to 20 January 2017.[3]
The following transfers were made during the trading windows:
The players auction for the 2017 Indian Premier League was originally scheduled to be held in Bangalore on 4 February 2017,[4][5] but was pushed forward by at least two weeks due to the BCCI–Lodha committee stand-off.[6] On 3 February, the BCCI announced that the auction would be held on 20 February in Bangalore and that a total of 799 players have signed up for it.[4][7] On 14 February, the IPL Desk released a list of 351 players.[8]
Sold players
Out of the 351 players shortlisted, the following 66 players were sold at the 2017 IPL Auction:[9][10][11]
In December 2016, Wasim Akram stepped down as the bowling coach and mentor of the Kolkata Knight Riders for the 2017 season, citing "professional commitments and time constraints."[13]