IPL Auction 2024 will be the second mini-auction after the Board of Control for Cricket in Indian (BCCI) added two new teams in 2022 to reaffirm its status to a 10-team event. The IPL auction 2024 is set to take place on December 19 in Dubai, UAE.
The auction is set to see a host of stars who enjoyed a dream run at the ICC Men's Cricket World Cup 2023 to go under the hammer and enjoy a big pay day.
The salary purse for the 10 franchises is set at INR 100 crore, which is 5 crore more than last year’s mini auction salary cap for players. Franchises were also involved in the trading window that closed a week prior to the auction, the biggest of which saw Hardik Pandya move back to the Mumbai Indians as their captain, having led Gujarat Titans in the previous two seasons.
Here is what all you need to know about the IPL Auction 2024
IPL Auction 2024 is an event where the ten teams of the Indian Premier League will bid and purchase for their desired set of players which suits team requirements. The teams will have a big auction purse (INR 100 crore), and plenty of big names, including domestic and overseas stars, will go under the hammer during the auction.
The players signed by the teams at IPL Auction 2024 will turn up for their respective franchises in the 17th edition of the Indian Premier League.
The BCCI announced December 19, 2023 as the date for the IPL Auction 2024. The venue is the Coca Cola Arena in Dubai, UAE and it marks the first time of the auction taking place outside India.
In the new IPL media rights from 2023-2027 cycle, Viacom18 has acquired the digital rights in India. The IPL auction 2023 will be live streaming on the Jio Cinema web and mobile application.
In the new IPL media rights from 2023-2027 cycle, Star Sports network bagged the television broadcasting rights. The IPL auction 2024 will be telecasted on Star network’s prominent channels like Star Sports 1, Star Sports 1 HD and Star Sports 1 Hindi.
British auctioneer Hugh Edmeades has conducted the last five IPL auctions. However, there is a change this time with Mallika Sagar set to oversee proceedings. It marks the first instance of a female auctioneer in the IPL. Ms. Sagar was the auctioneer for the recent Women's Premier League mini auction in Mumbai.
For the first time in the league's history, the IPL Auction will take place outside India. The Coca Cola Arena in Dubai is the venue for the IPL Auction 2024.
The IPL Auctions are necessary before an IPL season because it helps teams in forming an evenly balanced squad. As mentioned above, the BCCI decides the auction purse for every franchise before the auction begins. So, none of the team owners have an advantage.
The IPL Auctions also make sure that the process of selection of players is transparent. Each team has an equal chance of signing a player. The fans also get to know the details because the auctions are telecasted worldwide. Also, the players get to know what happens inside the auction room.
Yes, the IPL Auction occurs every year. However, the IPL mega auction does not happen every year. It takes place once every three or four years. The 2011, 2014, 2018 and 2022 auctions were mega auctions, while the others were mini auctions only.
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