IPL 2024 auction schedule: Even as the fans are mesmerized by the World Cup 2023, the IPL franchises have reportedly been notified of the details of the IPL 2024 auction schedule.
When is the IPL 2024 auction? Where will it be held?
The BCCI has selected a tentative date of December 19 for the IPL 2024 auction. It has been learned that the auction will be held in Dubai. This will be the first time in history that an IPL auction will take place outside India.
Will the IPL 2024 auction be mega or mini?
The IPL 2024 auction will be a mini-auction.
According to the IPL 2024 auction date and venue, the last mega-auction was conducted before the IPL 2022. The next mega-auction is reportedly going to be held ahead of IPL 2025.
Details about retention and release players:
The BCCI has informed the IPL franchises that the deadline to submit their lists of retained and released players is November 15. Only after all 10 teams have locked their lists of released players will the auction pool be formed.
Also Read: IPL 2024 auction schedule
What is the purse for franchises in the IPL 2024 auction?
For the IPL 2024 auction, the BCCI has increased the purse for each franchise to INR 100 crore USD 12.02 million)! It was INR 95 crore at last year’s auction.
It is also important to remember that all the 10 teams have some amount remaining in their purses from the last auction.
Purse leftover of each IPL franchise:
Punjab Kings has the biggest purse leftover: INR 12.20 crore (USD 1.47million)
Chennai Super Kings: INR 1.5 crore (USD 0.18 million)
Gujarat Titans: INR 4.45 crore (USD 0.54 million)
Delhi Capitals: INR 4.45 crore (USD 0.54 million)
Royal Challengers Bangalore: INR 1.75 crore (USD 0.21 million)
Kolkata Knight Riders: INR 1.65 crore (USD 0.2 million)
Sunrisers Hyderabad: INR 6.55 crore (USD 0.79 million)
Rajasthan Royals: USD 3.35 crore (USD 0.40 million)
Lucknow Super Giants: INR 3.55 crore (USD 0.43 million)
Mumbai Indians has the smallest purse of INR 0.05 crore (USD 0.006 million)
IPL 2024 auction schedule: When will the trading window open?
The BCCI has opened the trading window for the franchises to trade players with players, or simply for cash. Franchises can make trades until November 15, which is the last date to submit the list of the retained and released cricketers.