IPL 2024 Auction: 5 Things You Need To Know

Nov 20, 2023, 14:52 IST

Trisha Pathak

IPL 2024 Auction

The 17th edition of the Indian Premier League is only four months away. Here’s everything you need to know about the IPL 2024 Auction:

Date 

Although the official date of the IPL 2024 auction is not out yet, a report from Cricbuzz said that the auction will take place in December. 

Venue

For the first time, BCCI might hold an IPL auction outside India, most likely at the Coca-Cola Arena in Dubai.

Player Retention Window

BCCI set the deadline for player retention and release as November 15. However, they extended the retention and release date to November 26, a week after the ODI World Cup 2023 final.

Action Purse

BCCI has also increased the salary purse for this year by ₹5 crore. Thus, the teams will have a ₹100 crore spending amount at the auction.

Remaining Purse

Many IPL teams have some amount left in their auction. While Mumbai Indians have ₹50 lakhs left, the Punjab Kings have over ₹12 crores remaining. 

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