IPL 2024 Auction | IPL 2024 Auction Date | IPL 2024 Auction Players List | IPL Mini Auction 2024
The 16th season of the IPL is over, with Chennai Super Kings winning a thriller against Gujarat Titans. There is no doubt that the fact that Indian Premier League is the most followed twenty 20 cups in the world, with viewers from different parts of the world.
Last year had some amazing on-field and off-field actions, and fans are more eager to have the same experience in IPL 2024 too. And thus, we are more eager to know about the dates of the ipl 2024 auction, where the teams will choose the new players for their franchise.
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| Tournament | Indian Premier League |
| Season | 17th Season |
| Control Authority | Board of Control for Cricket in India |
| Total Franchises | 10 Teams |
| Budget of Each team | Rs 100 Crore |
| Total Released Players | Not Announced |
| IPL 2024 Schedule | April 2024 ( To be Launched ) |
| IPL Portal | iplt20.com |
Viewership of TATA IPL
Regarding the viewership of this mega t20 league, TATA IPL is always on top. JIO Cinema and Hotstar bagged crores with exhilarating viewership. Near the end of the previous season, the media channels had record-breaking views, and some broke their records in successive matches.
But we want to know about the ipl 2024 auction date. Since the auction marks the commencement of another successful year of IPL, fans are more curious to know about the ipl auction 2024 date and time. And if you want to know more about it, read through this article in detail.
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IPL 2024 Auction Date and Time
The Board of Control for Cricket in India (BCCI) has officially chosen Dubai as the venue for the Indian Premier League (IPL) auction, scheduled to take place at the Coca-Cola Arena in the desert city on December 19.
This marks a historic occurrence as it’s the first time an IPL auction will be held outside of India. It’s noteworthy that last year, the BCCI considered Istanbul, Turkey, as a potential location for the auction but ultimately decided against it.
In a recent communication to the franchises, the BCCI has pushed the deadline for submitting the list of retained players to November 26, extending it from the initial date of November 15.
For the upcoming season, all 10 IPL teams will be operating under a salary cap of INR 100 crore. This season also represents the third and final year of the three-year player contracts, with a mega auction planned for the following year.
The choice of the Coca-Cola Arena as the auction venue has been deliberate. This Dubai venue is renowned for hosting various high-profile events, including concerts and sporting competitions. Despite the trade window being open for some time, there has been relatively limited activity. Nevertheless, it is anticipated that teams will release underperforming players with high salaries by November 26.
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Highlights of IPL Auction 2024
While we are waiting for the dates of the 2024 auction of the biggest t20 League in the world, we should not forget about the big buys of the previous season. Let us recapitulate the highlights of the IPL Auction 2023 and wait for the ipl auction 2024 date and time to be released.
All ten teams of the IPL in the 2023 season spent 167 Crore Rupees on 80 players. Sam Curran became the most expensive player in the history of IPL before he was picked up by the Punjab Kings for a whopping sum of 18.50 crore rupees.
His friend cum colleague, Ben Stokes, was picked up by Chennai Super Kings for 16.25 Crore while his Aussie Rival, Cameron Green, was picked up by Mumbai Indian for 17.50 Crore Rupees. The purchase of Cameron Green by Mumbai Indians was the second-highest purchase in IPL’s history. Meanwhile, we must wait for the ipl 2024 auction players list and see who becomes the highest purchase this season.
Base Amount for IPL 2024 Auction
Although, we have yet to receive official information on the ipl mini auction 2024 team purse. But, from some inside information from Indian Cricket, we could guess that the purse could rise to 100 crores. In the last year’s auction, the price had increased by five crore rupees and was increased to a total of 95 crores.
The teams put the funding together to create a remarkable squad, including the international and the capped and uncapped national players. Let us wait for ipl auction 2024 date to be released, after which we can know about the ipl 2024 auction player list and the squad values to be assigned to the franchises.
Although the teams have the purse to spend, but the laws state that 75% of the total purse for the ipl mini auction 2024 needs to be invested in the players. And the top 5 players from the ipl 2024 auction player list for the individual team can get up to 30-40% of the total team’s budget.
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Retention Rules for IPL 2024 Auction
Since the ipl 2024 auction will not be as big as the 2022 auction, most of the players will look to retain their players during the trade window. The teams in ipl auction 2024 will indeed retain the players who have performed well for the team in the 2023 season and have shown promising results. But there will be certain players in the ipl mini auction 2024 who will be released by the teams.
The players released by the teams will go to the ipl 2024 auction table, who can be purchased by the new teams. The former teams can also purchase the released players from ipl auction 2024 table. The teams are allowed to retain only three capped Indian players and two foreigner and uncapped Indians before the ipl 2024 auction.
And there is also an RTM card option that can be used by the teams for the ipl auction 2024. But in that case, the competitor will have to match the offer they are giving to the player. Let us wait for the ipl auction 2024 date to be released before we can know more about the retention rules for the ipl 2024 auction.
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Categories of Players in ipl Auction 2024
You can find three categories of players who will feature in the ipl auction 2024 and will be available for the teams to purchase.
Capped Players: Capped players in the ipl 2024 auction are those who have represented the Indian team in any format of the game at least once.
Uncapped Players: Uncapped players have represented the domestic teams but have never played for the Indian team at least once.
Foreign or Overseas Players: These players may be capped or uncapped from adjacent nations or foreign countries. The number of foreign players in the ipl 2024 auction is less than that of Indian players.
But according to the rules of the Indian Premier League, one franchise can have a maximum of 8 foreign players in the team, with four players playing in a single match. Until and unless the ipl auction 2024 date and time is released, we cannot confirm anything about the upcoming season’s capped, uncapped, or foreign players.
RTM or Right to Match Rule in IPL 2024 Auction
The Right to Match card or the RTM card, as it is called, is an interesting feature of the ipl 2024 auction. An RTM card allows the franchise to purchase a player from the auction who was not retained by the team and got the highest bid price in the current auction.
For example: When Rohit Sharma was not retained by Mumbai Indians, Chennai bid 15 crore for him in the auction. At this time, Mumbai Indians could use the RTM card to match the final bid for Rohit Sharma.
Popular teams like Mumbai Indians and Chennai Super Kings use this technique in the auction and are expected to do the same in ipl 2024 auction. Let us wait for ipl 2024 auction date to be released by BCCI, and then we can learn more about how the teams use the RTM card for their players.
IPL 2024 Auction Venue
The ipl 2024 auction has some probable venues where it can be held. The venues where the auction can take place are Mumbai, Chennai, Ahmedabad, Kochi, Jaipur, and Kolkata. Until the ipl 2024 auction date is released, we cannot say about the location or the venue where the action is to be held. Last year’s ipl auction saw a spending of whopping 95 crores by the teams, and it is expected to increase this year.
Latest Updates on the ipl 2024 auction date
With more years evolving, the Indian Premier League is also seeing new updates in its gameplay. Franchise owners are looking for exciting trends and searching for talents. So once the ipl 2024 auction date is released, the team owners can start hardcore preparation for player retention or acquisitions.
Conclusion
The scouting teams of the respective franchise will already look for talents over the year and target them during the auction. So, stay tuned for more updates on the ipl 2024 auction. With more tournaments on line for the Indian cricket team, the craze for the Indian Premier League remains the same. If you are interested in knowing more about the IPL 2024 auction, the dates and the venues or the players that are to be traded, read this article in detail.
IPL Auction 2024 : FAQs
Q1. When will IPL 2024 auction take place?
IPL 2024 auction will take place at sometime around December or January. The dates are yet to be released by BCCI.
Q2. What is the budget for each team in IPL 2024?
The budget for each team in IPL 2024 is expected to be around 100Crore.
Q3. When will the trade window open?
The trade window for IPL 2024 opens just before the auction. You can know about the retained and the acquired players.
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