The IPL 2024 auction is one of the most anticipated events in world cricket news today. It is a mini-auction that will determine the fate of many players and teams, as they vie for the coveted spots in the IPL 2024 season.
Here are some of the key aspects of this breaking news on cricket.
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Auction Overview
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Date and Venue: The auction will be held on December 19 in Dubai, the first time it has been conducted outside India.
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Teams and Players:Out of the 1166 players who registered, only 333 have been shortlisted by the teams, comprising 214 Indians and 119 overseas players. They include 116 capped, 215 uncapped, and 2 Associate players.
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Available Slots: There are 77 slots to be filled across the 10 teams, with 30 of them for overseas players.
Also Read: IPL 2024: BCCI announces list of players for December 19 auction
Financial Dynamics
Gujarat Titans have the highest purse of INR 38.15 crore (USD 4.6 million approx.), while Lucknow Super Giants have the lowest of INR 13.15 crore (USD 1.58 million approx.). The total purse available for all the teams is INR 262.95 crore (USD 31.58 million approx.).
Auction Process
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Player Categories:The players are divided into 19 sets based on their roles such as batter, all-rounder, fast bowler, spinner, and wicketkeeper. The sets alternate between capped and uncapped players.
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Base Prices:The highest base price of INR 2 crore (USD 240,000 approx.) has been set by 23 players, including Mitchell Starc and Umesh Yadav. The second-highest base price of INR 1.5 crore (USD 180,000 approx.) was chosen by 13 players.
Notable Absences
Some of the big names who have pulled out of the auction are Ben Stokes, Joe Root, and Jofra Archer from England, and Kedar Jadhav, Litton Das, and Shakib Al Hasan from the subcontinent.
Players to Watch
High-Value Picks: Mitchell Starc, who is back in the auction after eight years, and Rachin Ravindra, who impressed in the ODI World Cup, are expected to fetch high bids.
Trading and Retention
The most notable trade was between Mumbai Indians and Gujarat Titans, where Mumbai acquired Hardik Pandya in an all-cash deal and made him their captain. Another significant trade was between Royal Challengers Bangalore and Mumbai Indians, with Royal Challengers getting Cameron Green.
Future Trading Opportunities
The trading window will open from December 20, a day after the auction, and will close a month before the start of the 2024 season.
Auctioneer
Mallika Sagar: She will be the first woman auctioneer in the history of the IPL, replacing Hugh Edmeades.
Where to Watch
The auction will be held at the Coca Cola Arena in Dubai, starting at 11:30 am local time (1:00 pm IST), and will be telecast live on the Star Sports Network and streamed on the JioCinema app.
This is the cricket news today that every cricket fan is eagerly waiting for. The IPL 2024 auction will be a thrilling event that will reveal the teams that will compete in the IPL 2024 season. Stay in the cricketing loop! Follow RevSportz for real-time updates on the IPL 2024 auction. Get instant insights into sold and unsold players, team strategies, and big-money deals. Don’t miss a beat as the cricketing drama unfolds.