IPL 2024 Auction: A Comprehensive Guide to Retained & Released Players, Schedule, and Purse
The Indian Premier League (IPL) is the most popular cricket league in the world, and its annual auction is one of the most anticipated events in the cricketing calendar. The IPL 2024 auction is scheduled to take place on December 19, 2023, in Dubai.
Player Retention and Release
Ahead of the auction, each team is allowed to retain a maximum of 15 players. The remaining players are released into the auction pool. The retention deadline for the IPL 2024 auction is November 15, 2023.
Purse
Each team has a purse of INR 100 crore (approximately USD 12.02 million) to spend on players at the auction. This is an increase of INR 5 crore from the previous season’s purse of INR 95 crore.
IPL 2024 Auction
To the joy of over 50 million viewers, the Indian Premier League is conducted in the early months each year. The IPL Mini Auction will now happen in the coming months, more precisely on December 19, 2023, according to a recent announcement from the BCCI. During this auction, each player released by the franchises is bought by a different franchise. The full IPL 2024 Auction Schedule will be released, along with the player prices.
Event | Indian Premier League |
Season | IPL 2024 |
Authority | Board of Control for Cricket in India |
IPL 2024 Teams | CSK, DC, GT, RR, LSG, MI, PBKS |
Total Franchises | 10 Teams |
Total Players | 300+ Players |
IPL 2024 Mini Auction Date | December 19, 2023 |
IPL 2024 Mini Auction Venue | Dubai |
All teams are required to submit the list of players who have been retained and released by a certain date in accordance with the IPL 2024 auction. The BCCI is said to have set a date of November 15 for the 10 franchises. The auction pool will be finalized by the end of November.
Auction Schedule
The IPL 2024 auction is expected to be a two-day event, with the first day dedicated to the auction of capped players and the second day dedicated to the auction of uncapped players.
Released Players List
As of November 21, 2023, the following players have been released by their respective teams:
- Chennai Super Kings (CSK): Sisanda Magala, Ben Stokes, K Jameson, Simranjeet Singh, Sheikh Rasheed
- Gujarat Titans (GT): Y. Dayal, K. Williamson, P. Sangwan, Dashun Sanaka, Odeon Smith
- Mumbai Indians (MI): C. Jordan, H. Shaukeen, Duan Janesan, Arshad Khan, Tristan
The remaining retained and released players lists will be announced in the coming days.
IPL 2024 Auction Team Purse
The team purse for the IPL 2024 auction was upped to Rs 100 crore from Rs 95 crore the year before, an increase of Rs 5. The amount of money each franchise releases will depend on the value of the players they have on auction day. The remaining money from 2023 will also be carried over.
At present, Punjab Kings (PBKS) control the largest purse, valued at Rs 12.20 crore (USD 1.47 million). Mumbai Indians are currently worth the least money, at Rs 0.05 crore (USD 0.006 million). Sunrisers Hyderabad has won a prize of INR 6.55 crore, or 0.79 million. The respective holdings of the Delhi Capitals and Gujarat Titans are Rs 4.45 crore, or roughly USD 0.54 million._
What to Expect at the Auction
The IPL 2024 auction is expected to be a blockbuster event, with some of the biggest names in cricket going under the hammer. There will be a lot of competition for the top players, and it is likely that some big-money deals will be done.
Conclusion
The IPL 2024 auction is shaping up to be one of the most exciting auctions in recent years. With the increase in the purse and the availability of some big-name players, it is sure to be a thrilling event.