IPL Auction 2024 - Everything you need to know

IPL Auction 2024

With each passing year, the Indian Premier League (IPL) evolves and continues to be the cynosure of all eyes in the cricketing world. This time, the spotlight is on the IPL Player Auction 2024. This article aims to provide an in-depth analysis of the upcoming auction and its intriguing aspects. If you want to see the full list of retained players and the remaining purse for every, you find it here.

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IPL Player Auction 2024 Overview

The IPL Player Auction for the 2024 season is due to take place in Dubai on December 19th, marking a departure from the norm as it is the first time the auction is being held outside India. This move accentuates IPL's global appeal and reflects its ever-growing international stature. The auction is expected to coincide with the second ODI of India's tour of South Africa, adding another layer of excitement to an already adrenaline-pumping period for cricket enthusiasts worldwide.

The Auction Process

In contrast to the auction's frenzied bidding, where franchise representatives often feverishly compete for the crème de la crème of cricketing talent, a trade is a more straightforward transaction between two teams. This process enables franchises to negotiate player swaps or cash transactions directly, ensuring a smoother and more strategic approach to team building. Each trade requires the consent of the player and the franchises involved, after which the transaction is finalized.

The Trading Window

The IPL's trading window is a pivotal period in the league's calendar. It activates a month after the season concludes and stays open until a week before the auction. This time frame allows franchises to strategize and trade players until December 12th. Post-auction, the trading window reopens and remains active until a month before the next season's commencement, giving teams another opportunity to fine-tune their squads.

The Auction Purse

For the 2024 season, each franchise has a purse of INR 100 crore (approximately USD 12.02 million) to construct their squad. This purse marks a INR 5 crore increase from the previous season's purse of INR 95 crore. However, a team's actual spending power on auction day is contingent on the value of the players they release plus any unspent funds from the 2023 auction.

Impact of Trade on IPL Teams

Trades can drastically alter an IPL team's composition. For instance, the Mumbai Indians' decision to trade all-rounder Cameron Green to the Royal Challengers Bangalore for Rs 17.5 crore — the amount he was bought for in the previous auction — significantly impacted both teams. This strategic move was made to accommodate Hardik Pandya, who returned to the Mumbai Indians from the Gujarat Titans.

Notable Players

Several notable overseas players have shown interest in the upcoming auction, promising a rich pool of international talent. Australian fast bowler Mitchell Starc's return to the IPL after an eight-year break is one of the most anticipated developments. Other notable entrants are Travis Head, Chris Woakes, Alex Hales, Sam Billings, and Gerald Coetzee.

Squad Summary Pre-Auction

Franchises had until November 15 to submit their lists of retained and released players. This deadline helped finalize the auction pool and set the stage for the exciting bidding war to follow. This period allowed franchises to reflect on their performances in the past season and strategize their squad formation for the upcoming season.

The Impact of Auction on IPL Teams

The IPL player auction's outcome can have a profound influence on a franchise's performance in the ensuing season. A well-thought-out selection of players, taking into account their skills and the team's requirements, can either propel a team to glory or leave them struggling at the bottom of the table. This strategic aspect of the auction adds a layer of intrigue to the event.

The Mega Auction

The 2024 season marks the end of the three-year contract for each player. This indicates a mega-auction is on the cards for the next year, shuffling players across franchises and adding to the suspense and unpredictability of the league. This dynamic nature of the IPL makes it one of the most exciting sports leagues globally.

The Auction as a Platform for Talent Recognition

The IPL player auction is more than just a bidding war. It serves as a global platform that recognizes and rewards cricketing talent. Players from every corner of the world aspire to participate in the IPL, and being picked during the player auction can be a dream come true, marking a significant milestone in their cricketing career.


The IPL Player Auction 2024, with its increased purse and overseas location, promises to be a unique and exciting event. Cricket fans worldwide are eagerly awaiting to see how the franchises strategize their player picks and how the teams shape up for the upcoming season. The auction could potentially offer some unexpected turns and twists, reaffirming IPL's reputation as a thrilling spectacle.

Author: Ramesh Singh