The Indian Premier League (IPL) is not just a cricket tournament; it’s a spectacle that captivates millions of fans each year. With the upcoming 17th season scheduled for 2024, the anticipation is building, and the IPL Auction is a pivotal event in the lead-up to the tournament. This article covers the key details and developments surrounding the IPL 2024 Auction.
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The buzz around the IPL 2024 Auction centers on the date and location. It’s reported that the auction will be held on Tuesday, December 19, 2023, in Dubai. While the date is confirmed, the exact venue is yet to be determined and is expected to be announced on iplt20.com in due course.
For the IPL 2024 Auction, each franchise is allocated a budget of INR 100 crore, which is approximately USD 12.02 million. This marks an increase of 5 crore from the previous season’s budget of INR 95 crore. The final budget for each franchise depends on their decisions regarding player retention and release.
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The IPL Auction 2024 is not just about buying new talent; it’s also about the released players. Franchises release players who they no longer wish to retain, and these players become available for purchase by other teams. The released players for this season include notable names like Ben Stokes, Prithvi Shaw, Ravi Sai Kishore, and Shardul Thakur.
The team purse for IPL 2024 is worth Rs. 100 crore, up from Rs. 95 crore in the previous auction. This increase of Rs. 5 crore provides teams with more financial flexibility as they strategize their player selections during the auction. The purse available to each franchise on the day of the auction is influenced by the value of the players they have released, and any remaining funds from the previous season will be carried over.
The IPL 2024 Trade Window is an essential period for teams to fine-tune their rosters before the auction. It allows teams to engage in player trades and roster adjustments, ensuring they have the best possible squad for the upcoming season. While the start date of this crucial window is yet to be determined, cricket enthusiasts are eagerly awaiting its arrival for the latest trade updates.
The IPL 2024 Auction promises to be an exciting event, with franchises making strategic moves to build competitive teams. As the date approaches, cricket fans can expect more updates on player trades, team strategies, and the overall dynamics of the 17th season of the Indian Premier League.
March to May 2024
Rs 100 Crore
All ten franchises
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