Biratnagar Warriors were defending champions for the tournament but they were eliminated in the group stage.
The players release and bidding process was held on 11 November 2018 and broadcast live on the official Facebook page of EPL in the presence of Raman Shiwakoti, chief of EPL technical committee and the manager of Nepal men's national cricket team.
Hari Chauhan was the most bidded player (NPR 85,000) in the process by Biratnagar Warriors.
Kings XI brought in Samsaad Sheikh while Rhinos secured Shubhendu Pandey and Nandan Yadav.
The marquee players from the 2017 Everest Premier League were retained by their respective teams as a part of a three year agreement.