IPL 2024 Auction: Retention Deadline on 15 November

The 16th edition of the IPL is due to be held in 2024. Ahead of the competition, a mini-auction is planned to be held, allowing teams to change their compositions. As ever, several players will be released, and some traded by the numerous franchises.

The mini-auction for IPL 2024 will be held on December 23 in Kochi. The event was previously planned to be held in Istanbul, Turkey. Ahead of the auction, franchises are required to submit their list of retained and released players, latest by 15 November.

Rules of the IPL 2024 Auction

Retention

Franchises can retain most of their players for the mini auction. (Teams can retain 15 players and will have to release the rest.) This compares well with the situation before the mega auction for IPL 2024.

Purses

Franchises cannot buy any players beyond the balance available in their respective purses. Every franchise will have to spend at least 75% of the purse allotted. Every franchise should have between 18 and 25 players, with at least 17 domestic Indian players and at most 8 overseas players.

The Purse Value for the IPL 2024 Auction

As confirmed by BCCI, every franchise can have a purse of 95 crores to spend on the auction. This limit is up from 90 crores in the last auction. Thus, the franchises will have 5 crores in addition to the balance left over from the mega auction before IPL 2024.

Players Who Will Be Up For Sale

Several players, released by their respective franchises, will be up for sale:

·       Chennai Super Kings have decided to let go of Chris Jordan, Adam Milne, Mitchell Santner.

·       Tim Seifert, KS Bharat, Mandeep Singh, Ashwin Hebbar will no longer represent Delhi Capitals in the upcoming edition of the IPL.

·       Sunrisers Hyderabad have decided to dispense with the services of Kane Williamson

·       Punjab Kings will longer list Mayank Agarwal, Odean Smith, Shahrukh Khan among their players.

·       Lucknow Supergiants have decided to bid farewell to Manish Pandey, Andrew Tye, Jason Holder, Ankit Rajpoot, and Evin Lewis

·       Mumbai Indians have decided not to continue with the services of Kieron Pollard, Fabian Allen, Tymal Mills, Mayank Markande, and Hrithik Shokin

·       Additionally, England T20 World Cup heroes Ben Stokes and Alex Hales are expected to be available to the franchises

Players Who Will Not Feature in IPL 2024

Some players who were seen in action during IPL 2024 will no longer play in the league during the 2024 season. Sam Billings, who represented KKR in IPL 2024, has instead decided to focus on the County Championship in England. Robin Uthappa and Ambati Rayudu who turned out for CSK have announced their retirements.

Bet on Cricket

The IPL will give cricket buffs an opportunity to place wagers on their favourite T20 league competition. If you are among them, do consider the best betting offers. The respective operators are running the bet365 bonus code and 1xBet promo code on their sites. Choose the offer with the terms you find reasonable and start placing your wagers.

Raj

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Raj was born and raised in Nagpur, Rajesh moved to Pune to pursue a degree in the English Language at Savitribai Phule Pune University. Having a knack for writing from a very young age, he naturally excelled in his studies and decided to dip his toes in content editing, as well. Now, a full-time Editor, he enjoys spending his free time watching IPL and badminton matches and writing his first novel. His favourite sport is cricket and he believes cricket is life. But I’ve always dreamed of becoming a professional badminton player, so badminton is also at the top of my list. His biggest win is Saina Nehwal’s bronze at the 2016 Olympics landed him a brand new laptop after his bet on the winning margin came through. His biggest goal is meeting Saina Nehwal and telling her about his biggest win.