HomeNewsSportsIPL 2024 auction to be held on December 19 in Dubai

IPL 2024 auction to be held on December 19 in Dubai

The Indian Premier League (IPL) auction will be conducted in Dubai on December 19, 2023. It will be the first-ever instance of an auction taking place overseas. It will be held on the same day as the second ODI of India’s tour of South Africa, which is scheduled for December 19 at Gqeberha.

The 10 IPL Boards will have to submit their list of retained and released players by November 15, 2023. Each team will have INR 100 crore (roughly USD 12.02 million) to create their roster for the 2024 season, an INR 5 crore increase over last season’s purse of INR 95 crore.

purses from the 2023 auction

  • The Punjab Kings currently have the greatest purse – Rs 12.20 crore (USD 1.47 million)
  • the Mumbai Indians – Rs 0.05 crore (USD 0.006 million).
  • Sunrisers Hyderabad – Rs 6.55 crore (USD 0.79 million);
  • Gujarat Titans and Delhi Capitals – Rs 4.45 crore (USD 0.54 million); Lucknow Super Giants – Rs 3.55 crore (USD 0.43 million);
  • Rajasthan Royals – USD 3.35 crore (USD 0.40 million);
  • Kolkata Knight Riders – Rs 1.65 crore (USD 0.2 million);
  • Chennai Super Kings – Rs 1.5 crore (USD 0.2 million).


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