IPL 2024 Auction: Purse, Date, Venue, Retention List And Released Players Window

IPL Auction for 2024, designated as a mini auction, is reportedly set to occur overseas in Dubai on Tuesday, December 19, 2023.

Teams can choose to release most of their players, but it's unlikely they will find suitable replacements in a IPL 2024 mini auction. ( Image Source :BCCI / X )

IPL 2024 Auction date, time, venue, schedule: The 17th edition of the Indian Premier League (IPL) is reportedly scheduled to occur in 2024, taking place from March to May window. Before the tournament, all ten franchises will have the opportunity to revamp their squads through an auction. This will be a mini auction, allowing teams to retain most of their players from the previous season while making additions in areas they deem necessary. Teams can also choose to release most of their players, but it's unlikely they will find suitable replacements in a mini auction.

When and where will the IPL 2024 Auction be held?

The IPL Auction for 2024, designated as a mini auction, is reportedly set to occur overseas in Dubai on Tuesday, December 19, 2023. The exact venue for the auction is yet to be confirmed, but it will take place in Dubai, as reported by Cricbuzz.

What is the deadline for teams to announce their lists of retained and released players for the IPL 2024 season?

Teams have until November 15, 2023, to submit their lists of players they intend to retain and release. After this date, the auction pool will be finalised, likely in early December.

What is the budget for the IPL 2024 Auction?

Each team will have a budget of INR 100 crore (approximately USD 12.02 million) to build their squad for the upcoming season. This represents a 5 crore increase from the previous season's budget of INR 95 crore. The final budget for each team in the auction will depend on their decisions regarding player retention and release.

Several players, such as Ambati Rayudu, have announced their retirement, while others like Mitchell Starc, Steve Smith, Pat Cummins, Travis Head, Alex Hales, and more, could potentially be available for purchase by IPL franchises at the auction.

Where will the next IPL season be held?

While the IPL 2024 auction is set to take place in Dubai, it is likely that the season itself may still be hosted in India, despite the concurrent Lok Sabha elections that are expected to take place during the IPL window.