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What is the current purse balance for each team in the IPL 2024 Auction?

Posted on November 24, 2023 By Haley Bennett

The eagerly awaited Indian Premier League (IPL) 2024 auction is just around the corner. The bidding war is set to take place on December 19 at the Coca-Cola Arena in Dubai. Prior to the auction, on November 26, each franchise will submit the list of retained and released players for IPL 2024.

A trading window is open, allowing players to switch teams. Exciting deals have already taken place, with Romario Shepherd joining Mumbai Indians in a cash deal with Sunrisers Hyderabad, and Avesh Khan and Devdutt Padikkal exchanging franchises with Rajasthan Royals and Lucknow Super Giants, respectively.

All the franchises have been allotted a purse of INR 100 crore each, which is a 5 crore increase from the previous year. The auction purse will be based on the leftover purse from the previous auction, with additions made according to the retained and released players by each team.

Here is a look at the auction purse of each team as of now:

– Punjab Kings: INR 12.20 crore
– Sunrisers Hyderabad: INR 6.55 crore
– Gujarat Titans: INR 4.45 crore
– Delhi Capitals: INR 4.45 crore
– Lucknow Super Giants: INR 3.55 crore
– Rajasthan Royals: INR 3.35 crore
– Royal Challengers Bangalore: INR 1.75 crore
– Kolkata Knight Riders: INR 1.65 crore
– Chennai Super Kings: INR 1.50 crore
– Mumbai Indians: 50 lakh

Rumors are swirling about potential player moves and team strategies for the upcoming IPL 2024 auction. Reports suggest that Hardik Pandya, captain of Gujarat Titans, could return to Mumbai Indians in exchange for Rohit Sharma or Jofra Archer. Additionally, it is expected that Ben Stokes will miss IPL 2024 and be released by CSK. World Cup winners Travis Head, Pat Cummins, and Mitchell Starc are also anticipated to participate in the auction.

It’s an exciting time for cricket fans as they gear up for the upcoming auction, and those interested in making predictions and winning on international cricket matches can find all the latest odds and betting information by clicking the link provided.

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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