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What is the budget of Mumbai Indians for the IPL 2024 Auction? How much is their spending limit on December 19?

Posted on November 24, 2023 By Haley Bennett

Mumbai Indians Set for IPL 2024 Amid Player Auction Changes

The Mumbai Indians are gearing up for the 2024 edition of the Indian Premier League (IPL) as they look to defend their five-time championship title. Led by Rohit Sharma, the team boasts a well-rounded squad and will have little to tinker with ahead of the upcoming competition.

However, the 2024 player auction will bring a significant change as it will be held outside India for the first time in the history of the IPL. The event is scheduled to take place in Dubai, United Arab Emirates. While the main tournament has been conducted outside the country multiple times, this marks the first time the player auction will not be held in India.

The auction is set to be conducted on December 19, 2023, in the United Arab Emirates. The 10 IPL teams have a deadline of November 26 to finalize the list of players they will retain and release, which will determine the player pool for the auction.

The BCCI has decided to increase the salary cap by INR 5 crores, allowing all teams to spend INR 100 crores on their entire squad for the IPL 2024.

The Mumbai Indians have INR 50 lakh remaining in their purse, but the final figures will be higher as they have reportedly released several players from their squad. The exact numbers will be available when the franchise submits the official release and retained list of players on November 26.

The player auction will be held at the Coca Cola Arena in Dubai, marking the first time the event will be conducted outside India.

As the excitement builds for the upcoming IPL 2024, fans can look forward to the changes in the player auction and the new prospects that will shape the future of the Mumbai Indians and other IPL teams. For the latest odds, betting, and cricket scores and fixtures from India, fans can visit the provided link to make their predictions and stay updated on all the action.

Haley Bennett

I have over 10 years of experience in the cryptocurrency industry and I have been on the list of the top authors on LinkedIn for the past 5 years. I have a wealth of knowledge to share with my readers, and my goal is to help them navigate the ever-changing world of cryptocurrencies.

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