The IPL 2024 auction is all set to rock the Coca-Cola Arena in Dubai on December 19. Teams have been reshaping their rosters for the upcoming season after player releases and squad retentions.
IPL 2024 Auction Date
The excitement brews for the 17th edition of the Indian Premier League (IPL) in 2024. Teams are gearing up, making crucial decisions before the auction day. Set for December 19, 2023, in Dubai, this auction presents a golden opportunity for teams to snag fresh talent and fortify their squads. Teams strategize hard, juggling which players to keep and release, armed with a boosted budget of Rs. 100 crore compared to last year’s Rs. 95 crore.
Read More: Who is the King of IPL in 2024?
IPL Winners from 2008 to 2023
Remember Hardik Pandya? Well, he’s back with the Mumbai Indians! The Gujarat Titans’ skipper and the winner of the IPL’s inaugural season makes a stunning return to the Mumbai Indians in a jaw-dropping trade. It was a one-way cash transaction that saw Aussie all-rounder Cameron Green heading to RCB for Rs 17.5 crore, giving MI the financial freedom for this move.
IPL 2024 Auction Released Players
Teams are shaking things up, letting go of players in preparation for the IPL 2024 auction. The released players are now primed for a new chapter in their cricketing journey. With the upcoming league season on the horizon, here’s the comprehensive list of players released by all 10 participating teams in IPL 2024. The anticipation soars as franchises nationwide gear up to grab some of the cricketing world’s finest.
Team & Players
- Chennai Super Kings (CSK): Ben Stokes
- Delhi Capitals (DC): Prithvi Shaw, Manish Pandey
- Gujarat Titans (GT): Yash Dayal, Dushman Shanaka, Odean Smith, Pradeep Sangwan, Urvil Patel
- Kolkata Knight Riders (KKR): Andre Russell, N Jagadeesan, Lockie Ferguson, D Weise, Mandeep Singh
- Lucknow Super Giants (LSG): Marcus Stoinis, Evin Lewis, Kyle Jamieson, Manish Pandey, K Gowtham, Aiden Markram
- Mumbai Indians (MI): Jaydev Unadkat, Ishaan Kishan, Murugan Ashwin, Riley Meredith, Piyush Chawla, Sandeep Warrier
- Punjab Kings (PBKS): Harpreet Bhatia, Rishi Dhawan, B Rajapaksha, Mathew Short, Raj Angad Bawa
- Rajasthan Royals (RR): Jason Holder, Joe Root, KC Cariappa, Murugan Ashwin
- Royal Challengers Bangalore (RCB): Harshal Patel, Dinesh Karthik, Finn Allen, Anuj Rawat
- Sunrisers Hyderabad (SRH): Harry Brook
Come December 19 in Dubai, these players will be on the auction block for IPL 2024. Successful bids will pave the way for new team allegiances, while unsold players might still find a spot as replacements in the IPL, adding to the post-auction intrigue.
IPL 2024 Auction Retained Players
Chennai Super Kings
In a surprising shift, the IPL auction for 2024 will make its debut in Dubai, breaking the event’s convention of being held solely in India. This decision follows the BCCI’s contemplation of Istanbul last year, later deciding on Kochi.
Chennai Super Kings: The team has retained a roster including MS Dhoni (c) (wk), Moeen Ali, Deepak Chahar, and a mix of both seasoned players and promising talents like Ruturaj Gaikwad and Matheesha Pathirana.
Kolkata Knight Riders
With a blend of experience and fresh faces, the Kolkata Knight Riders have maintained a diverse squad featuring Shreyas Iyer, Sunil Narine, and Andre Russell alongside newcomers like Rahmanullah Gurbaz.
Retaining key players like Rishabh Pant and adding strength with acquisitions such as David Warner, the Delhi Capitals aim to strike a balance between youth and experience.
The Rajasthan Royals, under Sanju Samson’s leadership, boast a lineup including Jos Buttler and the spin prowess of Ravichandran Ashwin and Yuzvendra Chahal.
Led by Shikhar Dhawan, the Punjab Kings have a squad blending international flair with local talent, showcasing a mix of players like Kagiso Rabada and Harpreet Brar.
Abdul Samad and Rahul Tripathi are part of the Sunrisers Hyderabad’s retained players, complementing a side with a focus on both batting and bowling depth.
Lucknow Super Giants
KL Rahul captains a squad featuring Nicholas Pooran and the all-round abilities of Marcus Stoinis, aiming for a balanced team dynamic.
With a core of players including Rohit Sharma and Jasprit Bumrah, the Mumbai Indians maintain their reputation for a formidable lineup.
The Hardik Pandya-led Gujarat Titans showcase a diverse squad with the likes of Shubman Gill and Rashid Khan, promising an exciting contest in the upcoming season.
Royal Challengers Bangalore
Faf du Plessis takes charge of a team featuring Virat Kohli and Glenn Maxwell, offering a blend of stability and explosive batting prowess.
Team Budgets for IPL 2024 Auction
Following player retentions, here’s the budget allocation for each team before the auction:
- Rajasthan Royals: 14.5 Crores
- Mumbai Indians: 15.25 Crores
- Delhi Capitals: 28.95 Crores
- Punjab Kings: 29.1 Crores
- Chennai Super Kings: 31.4 Crores
- Kolkata Knight Riders: 32.7 Crores
- Sunrisers Hyderabad: 34 Crores
- Royal Challengers Bangalore: 40.75 Crores
- Lucknow Super Giants: 13.9 Crores
- Gujarat Titans: 13.85 Crores
Key Points About the IPL Trade Window
- Player Exchanges and Cash Transactions: Teams have the liberty to trade players or engage in cash transactions for acquisitions during the IPL Trade Window.
- IPL Governing Council’s Authority: The IPL governing council holds the final say in approving or rejecting trades.
- Franchise Preference: When multiple franchises vie for a player, the selling team has the right to decide the destination team.
- Player Consent: Any trade or transfer requires prior consent from the player involved.
- Exemption for ‘Icon’ Players: Players designated as ‘Icon’ are not subject to the trade process.
IPL 2024 Mega Auction: A Glance at the Bidding Battle
The Buzz Around the Date
Set your calendars for December 19, 2023! It’s the day the cricketing world eagerly awaits—the IPL Mega Auction for the 2024 season. This showdown brings together franchises from all corners of India, locked in fierce competition to secure top-notch cricketers.
The Venue Race
Scouting for the perfect stage, various venues are vying to host the grand IPL Mega Auction. Each IPL franchise is armed with a formidable budget of Rs 95 crore, aimed at assembling a powerhouse team. Their task? To cherry-pick talents from both international stars and promising, yet untested, Indian players.
The Budget Dynamics
Here’s the twist: while the teams have a Rs 95 crore budget, they can’t splurge the entire sum solely on players. Mandated by IPL rules, a minimum of 75% (that’s a hefty Rs 60 crore!) of their budget must be devoted to acquiring players. However, here’s where strategy comes into play: teams can flexibly concentrate their expenses, allocating 30–40% on their top five players.
The Auction’s Enigma
The intriguing part? The number of players up for grabs in each IPL event isn’t fixed; it’s a variable that changes annually, keeping the suspense alive. No upper limit specified—just another layer of excitement!
Upsurge in Budget
Hold on, here’s the scoop for IPL 2024: the team purse has swelled by an additional Rs 5 crore, reaching a handsome total of Rs 100 crore, up from the previous year’s Rs 95 crore. And get this—the moolah each franchise can splash at the auction depends on the day’s valuation of their players. Talk about adding a twist to the game!
Money Matters: Valuations Unveiled
Talking numbers, every team’s granted a sweet budget of INR 100 crore (that’s roughly USD 12.02 million) for this thrilling auction. That’s a hearty hike of 5 crore from the last season’s allocation.
Taking a peek at the valuation board, Mumbai Indians kick off with the lowest value at Rs 0.05 crore (USD 0.006 million). Meanwhile, the Sunrisers Hyderabad soar higher with a valuation of INR 0.79 million, which translates to a cool Rs 6.55 crore. Not far behind, the Delhi Capitals and Gujarat Titans stake their claim, each boasting about USD 0.54 million or Rs 4.45 crore.
The Road Ahead
The IPL 2024 Mega Auction promises a rollercoaster of strategies, surprises, and nail-biting bids. With an increased budget, evolving rules, and the quest for top talent, the cricketing landscape is poised for an exhilarating season ahead. Stay tuned as franchises gear up to craft their dream squads, each move adding to the drama of this electrifying cricketing extravaganza. The countdown has begun—let the games begin!