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The IPL 2024 auction was conducted on 19 December 2023 in Dubai. A total of 333 players were available for auction including 214 Indian and 119 foreign players. [8] 77 places were available to be filled across the ten teams including 30 overseas slots.
Salary Cap of Retained Players (For Existing Franchises) And Picks (For New Franchises) [6] [7] No. of players retained Salary Cap for retentions Total amount to be spent Player 1 Player 2 Player 3 Player 4 4 ₹ 16 crore (US$1.9 million) ₹ 12 crore (US$1.4 million) ₹ 8 crore (US$940,000) ₹ 6 crore (US$700,000) ₹ 42 crore (US$4.9 million) 3
The salary deduction for every retained player from the franchise's salary purse was stipulated to be ₹ 15 crore, ₹ 11 crore and ₹ 7 crore if three players were retained; ₹ 12.5 crore and ₹ 8.5 crore if two players were retained; and ₹ 12.5 crore if only one player was retained.
A total of 971 players including 258 overseas players have registered for the 2019 IPL Auctions, wheres a maximum of 73 positions are to be filled. [16] Later, the Governing Council sent the eight franchises the final list of players, which has been trimmed from the original 971 to 332, including 19 Indian capped players.
The Indian Premier League, also known as IPL and Tata IPL for sponsorship reasons, is a men's T20 cricket league held annually in India. Founded by the BCCI in 2007, the league features ten state or city-based franchise teams. [3] [4] It is the most popular and richest cricket league in the world and its seasons usually take place between March ...
Salary Notes Retained players 30: Pat Cummins Australia 8 March 1993 (aged 31) 2024 ₹ 18 crore (US$2.1 million) Captain 4: Abhishek Sharma India 4 September 2000 (aged 24) 2019 ₹ 14 crore (US$1.6 million) All-rounder 8: Nitish Kumar Reddy India 26 May 2003 (aged 21) 2023 ₹ 6 crore (US$690,000) All-rounder 45: Heinrich Klaasen
Salary From To Date Ref Quinton de Kock ₹ 2.8 crore (US$323,514.00) Royal Challengers Bangalore: Mumbai Indians: 19 October 2018 [2] Mandeep Singh ₹ 1.4 crore (US$161,757.00) Royal Challengers Bangalore: Kings XI Punjab: 28 October 2018 [4] Marcus Stoinis ₹ 6.2 crore (US$716,352.50) Kings XI Punjab: Royal Challengers Bangalore [4] Shikhar ...
Prior to the auction, teams could release players and retain those that they wanted for the next season. The salaries of the released players would be added to the salary purse of the teams which was increased to Rs. 63 crores for the 2015 edition. The salaries of the retained players was deducted from this purse. [2]