IPL 2024: Dubai Set To Host IPL Auction Due To Wedding Season In India - Reports
Published - 04 Nov 2023, 11:38 AM | Updated - 23 Aug 2024, 12:21 AM
The upcoming auction for the Indian Premier League (IPL) 2024 is set to be held in Dubai later this year. The Board of Control for Cricket in India (BCCI) has officially confirmed Dubai as the venue for the mini-auction for the upcoming season of the cash-rich league.
The IPL auction is scheduled to be held at the Coca-Cola Arena in Dubai on December 19. This marks the first instance of an IPL auction being held outside India, despite previous considerations to host it in Istanbul, Turkey, which was ultimately abandoned.
The BCCI has officially communicated the auction venue to all 10 franchises via email. With numerous top players available, this overseas auction is expected to see exciting bidding activity from the franchises. The trade window was already open for all the teams.
In a brief communication to the franchises on Friday, the BCCI said that the deadline for releasing the list of retained players has been extended from November 15 to November 26. The 10 franchises will have a salary cap of INR 100 crore for the upcoming auction.
BCCI Decided To Host IPL Auction In Dubai Due To Wedding Season – Report
The decision to host the IPL auction in Dubai was influenced by concerns about hotel availability during the wedding season, according to an IPL official speaking to PTI.
“Due to the wedding season, hotel availability can be an issue. That is why we decided to host it in Dubai,” an IPL official told PTI.
Punjab Kings have the highest remaining purse at ₹12.20 crore, followed by Sunrisers Hyderabad with ₹6.55 crore, and both Gujarat Titans and Delhi Capitals have ₹4.45 crore, while Chennai Super Kings have ₹1.5 crore for the IPL auction.
Mumbai Indians have made the first trade of the IPL 2024 trading window by acquiring West Indian all-rounder Romario Shepherd from the Lucknow Super Giants for 50 lakhs. Shepherd had just played one match in the last season.
IPL 2024 Remaining Purse
- Punjab Kings: ₹12.20 crore
- Mumbai Indians: ₹50 lakh
- Sunrisers Hyderabad: ₹6.55 crore
- Gujarat Titans: ₹4.45 crore
- Delhi Capitals: ₹4.45 crore
- Lucknow Super Giants: ₹3.55 crore
- Rajasthan Royals: ₹3.35 crore
- Royal Challengers Bangalore: ₹1.75 crore
- Kolkata Knight Riders: ₹1.65 crore
- Chennai Super Kings: ₹1.5 crore
Also read: IPL 2024: Dubai Set To Host The Upcoming Mini-Auction For Indian Premier League – Reports
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Board of Control for Cricket in India (BCCI) Indian Premier League (IPL) IPL 2024 IPL 2024 Auction