Despite getting back to the Indian team for the T20 leg of the Australian tour, Yuvraj, who was bought for a whopping Rs 16 crore by the GMR-owned franchise, turned out to be the biggest flop with only 248 runs from 14 matches at an average of less than 20 (19.07).
"Yuvraj Singh is a great player and the reason of releasing him is to rationalise our budget. He is in good form now and has got back to the Indian team. But there were budgetary constraints which led to the decision. I have personally spoken to Yuvraj. There are no hard feelings," Daredevils CEO Hemant Dua said.
In fact among existing six teams in IPL, Delhi Daredevils will be going into the February auction with a purse of Rs 36.85 to spend on salary of players.
"We have also released Angelo Mathews. So we are saving around Rs 23 crores (as mathews was bought for Rs 7 crore)," said Dua.
Some of the other prominent players to be released are Kings XI Punjab's last year's captain and former Aussie skipper George Bailey. Another former captain to bite the dust was West Indies' Darren Sammy, who was released by Royal Challengers Bangalore.
Former India spinner Pragyan Ojha, Australian paceman Josh Hazlewood were released by Mumbai Indians.
In all, Daredevils have released 10 players while KXIP and Sunrisers released eight including Virender Sehwag, who has already called it quits.
RCB have released the maximum of 14 players while Mumbai Indians and KKR released 10 players each.
For FULL LIST of players released during the trading window, click here.
For FULL LIST of players retained by the IPL teams, click here.