Indian Premier League News

Remaining purse for each franchise ahead of IPL 2024 auction

Remaining purse for each franchise ahead of IPL 2024 auction

The IPL 2024 auction, scheduled for 19 December, is on the horizon, and teams have already made critical decisions in the lead-up. The deadline for the submission of released and retention lists players was 26 December, and all franchises diligently finalized their squads, unveiling both retained and traded players. The trading window remained open until 12 December, just a week before the much-anticipated auction, providing teams with a final opportunity to strategize.

Among the headline-making trades was the return of Hardik Pandya to the Mumbai Indians, bidding adieu to the Gujarat Titans, a franchise he had captained for the past two years. Pandya, whose IPL journey commenced with Mumbai Indians in 2015, adds a familiar face to the squad, setting the stage for an exciting reunion.

A significant reshuffling of players occurred during the trading window, injecting a fresh dynamic into the league. The anticipation surrounding the auction builds as teams look to secure talent that aligns with their strategies and strengthens their lineups. The buzz is not just about retaining and releasing players but also about the strategic moves made through trades, showcasing the tactical acumen of team management.

The remaining purse for each team ahead of IPL 2024 auction

Post the retention phase, the financial landscape of each team’s purse for the upcoming auction varies. Mumbai Indians hold a purse of 15.25 Cr, while Delhi Capitals and Punjab Kings follow closely with 28.95 Cr and 29.1 Cr, respectively. The Chennai Super Kings, Kolkata Knight Riders, and Sunrisers Hyderabad maintain competitive financial positions at 31.4 Cr, 32.7 Cr, and 34 Cr, respectively.

Meanwhile, Royal Challengers Bangalore boasts the highest purse at 40.75 Cr, showcasing their intent to make impactful acquisitions. Lucknow Super Giants and Gujarat Titans are gearing up with purses of 13.9 Cr and 13.85 Cr, respectively, highlighting their strategic approach as they prepare for the auction battleground.

TeamPurse (in Crores)
Mumbai Indians15.25
Delhi Capitals28.95
Punjab Kings29.1
Chennai Super Kings31.4
Kolkata Knight Riders32.7
Sunrisers Hyderabad34
Royal Challengers Bangalore40.75
Lucknow Super Giants13.9
Gujarat Titans13.85
Rajasthan Royals14.5

As the countdown to the IPL 2024 auction begins, the league’s landscape is characterized by excitement, anticipation, and the promise of a fiercely competitive season ahead.

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