IPL Mini Auction 2024: Know all about Budget.
IPL Mini Auction 2024 Date Time: The IPL 2024 mini auction is happening with a total of 333 players, and bids are expected for a maximum of 70 players. The combined purse for all teams is 262.95 crore rupees. The auction is set to take place in Dubai, marking the first time an IPL auction 2024 is being held outside the country. It’s a mini auction, and most teams already have the majority of their players. This auction is crucial for teams to balance and strengthen their squads with new additions.
IPL auction 2024 will start at 11:30 AM local time in Dubai (1:00 PM Indian Standard Time). It’s the first overseas IPL auction, and a mega auction is planned for IPL 2025, making this the final mini auction before that. Teams will aim to secure the five players they need for the next five years in this auction to retain them in the following years.
Now, let’s answer some questions related to the auction.
How many players are part of this auction: –A total of 1166 players registered for the auction this year, and 333 players have been shortlisted for bidding. This includes 214 Indian players and 119 foreign players. Among them, 116 have international cricket experience, while 215 do not. Two players are from associate countries. There are 77 vacant spots across the 10 teams, including 30 for foreign players.
When and where will the auction take place: – The auction will be held in Dubai, marking the first time an IPL auction is taking place outside the country.
Teams’ Total budgets: –Gujarat Titans have the most money because they traded their captain, Hardik Pandya, with Mumbai Indians. Gujarat currently has 38.15 crores. They need to buy eight players, including two from overseas. Meanwhile, Lucknow has the least money, with 13.15 crores. They aim to buy six players, including one from overseas. In total, all teams have 262.95 crores to spend on getting 77 players.
| Teams | Total budget (Crores) | Balance (Crores) | Available Player Slots | Overseas Player Slots |
|---|---|---|---|---|
| Chennai Super Kings | 68.6 | 31.4 | 6 | 3 |
| Delhi Capitals | 71.05 | 28.95 | 9 | 4 |
| Gujarat Titans | 61.85 | 38.15 | 8 | 2 |
| Kolkata Knight Riders | 67.3 | 32.7 | 12 | 4 |
| Lucknow Super Giants | 86.85 | 13.15 | 6 | 2 |
| Mumbai Indians | 82.25 | 17.75 | 8 | 4 |
| Punjab Kings | 70.9 | 29.1 | 8 | 2 |
| Royal Challengers Bangalore | 76.75 | 23.25 | 6 | 3 |
| Rajasthan Royals | 85.5 | 14.5 | 8 | 3 |
| Sunrisers Hyderabad | 66 | 34 | 6 | 3 |
This table provides a clear information of Budgets and player slots.
How will the auction work: –Players are grouped into 19 different categories, like batsmen, fast bowlers, all-rounders, spin bowlers, capped, and uncapped players. Bidding will happen for each category. The auction starts with capped players and then moves to uncapped players. The starting price for a total of 23 players is set at two crores. This includes players like Mitchell Marsh, Umesh Yadav, and Shardul Thakur. For 13 players, the starting price is set at 1.5 crores.
Which big players won’t be in the auction: –In the IPL 2024 auction, some notable players like Ben Stokes, Joe Root, and Jofra Archer from England won’t be participating. Also, teams aren’t showing interest in players like Kedar Jadhav, Liton Das, and Shakib Al Hasan, as their names are not on the auction list released by the BCCI.
Who could get big bids this time: –Australian Mitchell Starc, returning to the IPL after eight years, might see some hefty bids. Similarly, New Zealand’s Rachin Ravindra, with a base price of just 50 lakhs, could attract significant offers after his impressive performances in the ODI World Cup.
Which lesser-known players might hit the jackpot in this auction: –Players like Arshin Kulkarni, Kumar Kushagra, and Mushir Khan have a chance to become millionaires in this auction. Arshin, known for impressive performances in India’s Under-19 team, is skilled in both batting and bowling.
Can teams still let go of or trade players: –The time for releasing or retaining players has passed, so teams cannot let go of any players now. Every team has the same players they retained for this season. As per IPL rules, the trading window for players opens one month after a season ends and closes one week before the auction. After the auction, the trading window reopens until one month before the next season begins. Players can be traded again from December 20, the day after the auction, until one month before the start of the 2024 season.
Who is hosting the auction, and when is it happening: –Mallika Sagar, the auctioneer for the recent women’s auction, will also conduct the auction for male players. She’s the first female auctioneer in IPL history. The auction for IPL 2024 will start at 11:30 AM local time in Dubai (1:00 PM Indian Standard Time). You can watch it on Star Sports on TV or for free on the Jio Cinema app on your mobile phone.