Indian Premier League 2024 is going to start in March 2024, and before that mini-auction is to be held in Dubai on 19th December 2023. All the updates of the Indian Premier League 2024 Auction will be updated on this page.
1. Preliminary Mini Auction in Dubai – December 19, 2023
To start things off with a bang, a preliminary mini-auction is all set to take place in Dubai on December 19, 2023. This is where the franchises will have the opportunity to make some strategic moves in preparation for the upcoming season.
2. The March to May Spectacle
The IPL 2024 season is scheduled to run from March to May next year, promising an action-packed two months of thrilling cricket action. All ten franchises will be geared up to give their squads a fresh makeover during the upcoming auction, making it a season to watch out for.
3. Deadline for Player Retention/Release – November 26, 2023
One of the most crucial updates is the fixed deadline for retaining or releasing players, which is November 26, 2023. Until this date, all ten teams have the prerogative to decide which players they want to retain and which they wish to release. It’s a moment of reckoning for the franchises as they carefully plan their lineups.
4. Player Trades Galore
In a noteworthy development, a trade window is now open for all ten IPL teams. This allows them to engage in player trades with one another, which may include player exchanges or financial transactions. It’s a dynamic opportunity for franchises to bolster their squads and create some buzz before the season begins.
Excitement is building as the IPL 2024 season approaches, and these changes are sure to add a new dimension to the world’s most popular T20 cricket league. Stay tuned for more updates and surprises as the countdown to March begins!
What is the purse for IPL 2024 Auction?
In order to assemble their squads for the upcoming season, each team will have a purse of INR 100 crore (equivalent to approximately USD 12.02 million), marking an INR 5 crore increase from last season’s INR 95 crore.
The auction purse for each team will be contingent on the outcome of their player retention and release actions before the mini-auction.
