After announcing IPL 2024 auction will be conducted in Dubai, BCCI have now gone one step ahead and has also increased the purse for each of the 10 teams by five crores. Now, all teams will have a 100 crores purse. Among the IPL franchises, Punjab Kings (PBKS) has the largest purse (12.20 Crores). Mumbai Indians (MI) have the least purse INR 0.05 crore (USD 0.006 million).
Of the remaining teams, Sunrisers Hyderabad have INR 6.55 crore (USD 0.79 million); Gujarat Titans and Delhi Capitals both have INR 4.45 crore (USD 0.54 million); Lucknow Super Giants have INR 3.55 crore (USD 0.43 million); Rajasthan Royals have USD 3.35 crore (USD 0.40 million);
Royal Challengers Bangalore have INR 1.75 crore (USD 0.21 million); Kolkata Knight Riders have INR 1.65 crore (USD 0.2 million); and defending champions Chennai Super Kings have INR 1.5 crore (USD 0.18 million), according to ESPNCricinfo.
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This is the first time IPL auction will be conducted overseas in Dubai. The tentative date for the mini-auction is December 18 or 19. All 10 teams will need to submit the retention list by November 15.
IPL 2024 Auction
The Dubai idea for IPL 2024 Auction may only be preliminary given the previous year’s precedence, but all IPL franchises have been notified that the Gulf city is being considered as the auction destination.
Although the trade window is still open, there haven’t been any reports of player exchanges between IPL teams as yet. It’s unclear if big deals will happen because this is the last of the three-year window, although some highly compensated players who didn’t contribute much in the previous IPL season might be let go ahead of IPL Auction.
