IPL 2024 Auction: Date, Venue, Budget, Remaining Purse Of All 10 Teams, Released Players And Transfer Window Updates. The Indian Premier League is more than just a cricket tournament; it’s a mesmerizing spectacle that appeals to millions of fans each year. As we draw closer to the 17th season scheduled for 2024, the anticipation is building, and the IPL Auction stands as a pivotal milestone leading up to the tournament. This article explores the vital details and recent developments concerning the IPL 2024 Auction.
Initially, the BCCI had scheduled the release of the list of retained players for November 19. However, it is now understood that the decision to delay the process by one week has been made due to the ODI World Cup 2023 finals taking place around that time. The upcoming season marks the third and final year of the three-year contract for each player, and we anticipate a mega-auction for the following year.
Date and Venue for IPL 2024 Auction
Notably, this marks the first occurrence of conducting the auction outside of India. In the preceding year, the BCCI had initially intended to host the auction in Istanbul, but ultimately, it took place in Kochi.
Anticipation for the IPL 2024 Auction primarily centres on its date and venue. The auction is firmly scheduled for Tuesday, December 19, 2023, in Dubai. Although the date is confirmed, the exact venue is yet to be determined, and iplt20.com is expected to reveal it in the coming days.
Budget for IPL 2024 Auction
In preparation for the IPL 2024 Auction, each franchise’s allocated a budget of INR 100 crore, approximately equivalent to USD 12.02 million. This represents a 5 crore increment from the previous season’s budget of INR 95 crore. The ultimate budget for each franchise is contingent on their choices concerning player retention and release.
List of Released Players for IPL Auction 2024
The IPL Auction 2024 encompasses more than just securing new talent; it also encompasses the departure of players. Franchises bid farewell to players they no longer wish to retain, rendering these players accessible for other teams to acquire. Notably, this season’s roster of released players includes prominent names such as Ben Stokes, Prithvi Shaw, Ravi Sai Kishore, Shardul Thakur etc.
IPL 2024 Team Remaining Purse Value
The Punjab Kings lead with the highest available remaining purse, boasting INR 12.20 crore. Among the remaining franchises, the Sunrisers Hyderabad hold INR 6.55 crore, while both the Gujarat Titans and Delhi Capitals have INR 4.45 crore each. The Lucknow Super Giants possess INR 3.55 crore, and the Rajasthan Royals have INR 3.35 crore.
The budget of the Royal Challengers Bangalore stands at INR 1.75 crore, and the Kolkata Knight Riders have INR 1.65 crore. The defending champions, the Chennai Super Kings, have INR 1.5 crore, while the Mumbai Indians have the smallest budget at just 0.05 crore.
Where will the IPL auction 2024 take place and when?
On 19th December in Dubai
Which IPL team has the Highest purse value?
When is the scheduled start date for the 2024 IPL season?
March to May 2024
Which IPL team has the Lowest purse value?
IPL 2024 Transfer Window Updates
The IPL 2024 Trade Window serves as a pivotal phase for teams to refine their rosters ahead of the auction. It provides an opportunity for teams to partake in player trades and roster adjustments, ensuring they assemble the strongest possible squad for the upcoming season.
In a recent development within the Indian Premier League transfer window, Romario Shepherd has been traded from the Lucknow Super Giants to the Mumbai Indians. Shepherd, who had previously featured in four IPL matches while playing for LSG and Sunrisers Hyderabad, made the move to MI for his current fee of INR 50 lakhs.
As the IPL Auction draws near, it promises to be an enthralling event, marked by franchises making strategic moves to construct competitive teams. With the date on the horizon, cricket fans can anticipate further updates on player trades, team strategies, and the overall dynamics of the 17th season of the Indian Premier League.