IPL Auction 2024 Live Updates: This is the time of year when all 10 IPL franchises embark on a splurging spree to assemble the best possible squad for the upcoming edition. The clock starts to tick and the countdown begins. That is right. We are on the eve of the IPL auction, where more than 300 players will be auctioned. There were over 1100 players who submitted names for the auction, and the teams only shortlisted 333. The final count stands at 332 as a result of a withdrawal last evening. Will all of them be sold? Most likely not, but many are promising to find buyers in today’s ‘mini’ event.
IPL Auction 2024 Live Updates:
Don’t let the phrase fool you; it may sound intimidating. While the event in Dubai is not quite as spectacular as the two-day IPL mega auction, it is nonetheless no less. Mitchell Starc, Pat Cummins, Travis Head, Rachin Ravindra and more are among the stars that will provide an entertaining eight-plus hours. Hello, hello! Returning Rishabh Pant will use all his tactics and strategies to get the best players available on that Delhi Capitals table.
Now on to some trivia. Out of the 10 franchises, Gujarat Titans have the largest pot of money to spend on their projects – a hefty sum of $38.15 crore, followed by Sunrisers Hyderabad with the second-biggest purse of $13.4 crore. A total of $30 crore is available to be spent by Kolkata Knight Riders and Chennai Super Kings, respectively.
In addition to their 27.25 crore, 23.25 crore, and 29.1 crore respectively, Delhi Capitals, Royal Challengers Bangalore, and Punjab Kings are also well-funded to fine tune their teams. As compared to their competition, Mumbai Indians (17.75 crore), Lucknow Super Giants (13.15 crore), and Rajasthan Royals (14.5 crore) have the smallest war chests.
IPL 2024: List Of Players Traded And Released Ahead Of Mini-Auction
There are 77 slots available for franchises to fill, involving 213 Indians and 116 foreigners. The format is simple. Players are categorized into different sets based on their skills and will be available for selection as soon as their names are removed from the bag. Having recently conducted the WPL auction, Mallika Sagar will become the first female auctioneer in the IPL’s 16-year history. There are several price brackets to choose from. Shardul Thakur, Harshal Patel and Umesh Yadav have registered for the highest price category of two crore. There are also brackets of one crore, 75 lakh, 50 lakh, 20 lakh, and so forth.
Ben Stokes, Jofra Archer, Shakib Al Hasan, and Joe Root are some of the top absentees from the IPL 2024 auction. Nevertheless, this gala event is so magnificent that none of it can dim its luster. An auction like this is just what fans need as the 2024 IPL promises to be more spectacular than ever.
Hardik Pandya will captain Mumbai Indians during the final season of MS Dhoni’s career. Shreyas Iyer and Pant have already returned to the fore and Gautam Gambhir has returned to KKR as their mentor. Although an official date has not been announced, the IPL 2024 is expected to begin on March 22.
Let’s sit back, relax, and get ready for a bumpy-yet-engaging ride. Who will break the bank? Will Sam Curran’s record purchase by PBKS last year be broken? If so, then who will it be? All these questions will be answered over the next 12 hours.
Here are a few key points regarding IPL Auction 2024:
- There will be a total of 332 players up for grabs, including 213 Indians and 116 foreigners.
- With an overall purse of 262.95 crore, Gujarat Titans have the highest capacity at 38.15 crore out of the 10 franchises.
- Mallika Sagar will conduct the auction.
- There are 77 slots to be filled.
- The players have been divided into 19 sets.
Dilshan Madhushanka sold to Mumbai Indians for 4.6 CR
IPL Auction 2024 Live Updates: Mitchell Starc sold to KKR for a whooping Rs 24.75 crore
IPL Auction 2024 Live Updates: Shivam Mavi sold to Gujarat Titans for Rs 6.4 crore
IPL Auction 2024 Live Updates: Umesh Yadav sold to Gujarat Titans for Rs 5.8 crore
IPL Auction 2024 Live Updates: Alzarri Joseph sold to RCB for INR 11.5 crore
Chetan Sakariya Sold to KKR for Rs 50 Lakh
Lockie Ferguson goes unsold
IPL Auction 2024 Live Updates: Kusal Mendis goes unsold
KS Bharat sold to KKR for INR 50 lakhs
South African Tristan Stubbs sold to Delhi Capitals for Rs 50 lakhs
Chris Woaks sold to PBKS for Rs 4.2 crore
Daryl Mitchell sold to CSK for Rs 14 crore
Pat Cummins is the most expensive player in IPL history and is the first to break the ₹20 crore barrier.
Gerald Coetzee joins Mumbai Indians in a bid victory, securing the deal for INR 5 Crore.
IPL Auction 2024 Live Updates: Rachin Ravindra sold to CSK for Rs 1.8 crore
Wanindu Hasaranga is the first name to come up, base price of ₹1.50 crore. Takes a while for any team to raise their paddle and it is SRH who start it.
Steve Smith - Unsold.
Karun Nair - Unsold.
Manish Pandey - Unsold
IPL Auction 2024 Live Updates: Travis Head goes to SRH for ₹6.80 crore
The bidding began slowly and it looked for a moment that Head might go unsold. SRH then raised their paddle and CSK responded. The bid now stands at 5.60 crore.
Harry Brook Sold to Delhi Capitals for Rs. 4 crore
RR's first successful bid was for 1 crore and he will be donning the pink of RR when the sale closes. Applause and cheers reverberated around the room.
As part of the BCCI's eligibility criteria, players must be nominated by their respective cricket boards. As an entry point for bidding, each player sets their own base price. Each team can have a maximum of 25 players, with specific restrictions on the number of Indian and overseas players. In the main round, players will be called out one by one and franchises will be able to raise bids.
How do players climb up the monetary ranks?
Upon hearing the auctioneer announce each participant's name, the battle lines have been drawn. As players' base prices are used as starting points, the auction promises to be an exciting contest. As bids rise in increments of 20 lakhs until the one crore mark is breached, suspense unfolds. When the stakes escalate, each successful bid pushes the price up by 25 lakh, while each successful bid over 2 crore raises the price by 50 lakh. Who will break records? If history is any indication, plenty of rising stars will spark a bidding frenzy that shatters previous records.
What is the accelerated round?A special lane is available for certain players to enter teams more rapidly. During the first few sets of the tournament, the names of initial players from both capped and uncapped lists are called out. Before the actual bidding begins, franchises take advantage of this breather by submitting a list of players they intend to acquire from the remaining teams. In this crucial pause, the IPL Governing Council takes charge, compiling a fresh list of players for an 'accelerated round' of bidding. During this accelerated round, the franchises submit their players and determine the fate of players. In the event that vacant positions remain vacant and teams have extra funds, additional bidding rounds may take place, focusing specifically on unsold players. With its strategic pauses and accelerated rounds, the IPL player auction is a spectacle not to be missed.
A second wind for unsold playersThere is still hope even if a player does not make it to the initial bidding rush. Following the conclusion of the accelerated round, teams that have budgetary flexibility and slots available can submit fresh lists highlighting unsold players. As a result of this phase, undiscovered talents, initially overlooked in the fervor of the opening bids, can be discovered by their rightful homes, creating a platform for redemption. Chris Gayle was selected at the last minute by Punjab Kings (then Kings XI Punjab) for the 2018 auction, and while it wasn't a good season for him, he did light up the IPL next year with a total of 490 runs.
Is there a Right to Match card option available?
A controversial right to match card, which caused much controversy during the first few seasons, no longer exists. Before the IPL 2018 auction, the RTM card, which allowed a franchise to purchase an unretained cricketer who played for them in the previous edition for the highest bid amount the player received in that auction, was discontinued ahead of the 2022 IPL mega auction. The provision of RTM cards was eliminated as the number of retentions increased from three to five.
What is the process of a set-wise auction?The shortlisted players for the IPL Auction 2024 have been divided into 19 sets based on their forte: batters, all-rounders, fast bowlers, spinners, and wicketkeepers. After a few sets, the sequencing alternates between capped and uncapped players. A total of 23 players are offered at the maximum price of two crores. Harshal Patel, Shardul Thakur and Umesh Yadav are among the Indian players included on this list. Subsequent price slabs include ₹1.5 crore, ₹1 crore, ₹75 lakhs, ₹50 lakhs, ₹40 lakhs, ₹30 lakhs, and ₹20 lakhs.
The Rajasthan Royals are in need of replacements for Joe Root and Jason Holder. They are considering Kyle Jamieson, Tom Curran or Daryl Mitchell as potential candidates.
After another failed tournament, one of the original teams that have not yet won the title, Royal Challengers Bangalore has made sweeping changes. In addition to letting go of their head coach, Sanjay Bangar, they also released a number of players, including Josh Hazlewood, Michael Bracewell, Wanindu Hasaranga and Harshal Patel. Rachin Ravindra is likely to be sought by RCB following Cameron Green's transfer from Mumbai Indians.
Kolkata Knight Riders: Have 12 positions to fill. They will look to Pat Cummins, who has played for them in the past.
The Punjab Super Kings let go of 7 players at the end of the last season; Vivek Sharma or Sumit Kumar should be in their sights. Sean Abbott may also be considered.
Hardik Pandya (Traded) (c), Rohit Sharma, Dewald Brevis, Suryakumar Yadav, Ishan Kishan, N. Tilak Verma, Tim David, Vishnu Vinod, Arjun Tendulkar, Shams Mulani, Nehal Wadhera, Jasprit Bumrah, Kumar Kartikeya, Piyush Chawla, Akash Madhwal, Jason Behrendorff, Romario Shepherd.
MS Dhoni (c) (wk), Moeen Ali, Deepak Chahar, Devon Conway (wk), Tushar Deshpande, Shivam Dube, Ruturaj Gaikwad, Rajvardhan Hangargekar, Ravindra Jadeja, Ajay Mandal, Mukesh Choudhary, Matheesha Pathirana, Ajinkya Rahane, Shaik Rasheed, Mitchell Santner, Simarjeet Singh, Nishant Sindhu, Prashant Solanki, Maheesh Theekshana.
IPL Auction 2024 Live Updates: Shubman Gill (c), David Miller, Matthew Wade, Wriddhiman Saha, Kane Williamson, Abhinav Manohar, B. Sai Sudharsan, Darshan Nalkande, Vijay Shankar, Jayant Yadav, Rahul Tewatia, Mohammed Shami, Noor Ahmad, R. Sai Kishore, Rashid Khan, Joshua Little, Mohit Sharma.
IPL Auction 2024 Live Updates: Rishabh Pant (c/wk), Pravin Dubey, David Warner, Vicky Ostwal, Prithvi Shaw, Anrich Nortje, Abishek Porel, Kuldeep Yadav, Axar Patel, Lungi Ngidi, Lalit Yadav, Khaleel Ahmed, Mitchell Marsh, Ishant Sharma, Yash Dhull, Mukesh Kumar.
IPL Auction 2024 Live Updates: KL Rahul (c), Quinton de Kock, Nicholas Pooran, Ayush Badoni, Kyle Mayers, Marcus Stoinis, Deepak Hooda, Ravi Bishnoi, Naveen-ul-Haq, Krunal Pandya, Yudhvir Singh, Prerak Mankad, Yash Thakur, Amit Mishra, Mark Wood, Mayank Yadav, Mohsin Khan, Devdutt Padikkal (Traded).
IPL Auction 2024 Live Updates: Sanju Samson (c) (wk), Jos Buttler, Shimron Hetmyer, Yashasvi Jaiswal, Dhruv Jurel, Riyan Parag, Donovan Ferreira, Kunal Rathore, Ravichandran Ashwin, Kuldeep Sen, Navdeep Saini, Prasidh Krishna, Sandeep Sharma, Trent Boult, Yuzvendra Chahal, Adam Zampa, Avesh Khan (Traded).
IPL Auction 2024 Live Updates: Abdul Samad, Abhishek Sharma, Aiden Markram (c), Marco Jansen, Rahul Tripathi, Washington Sundar, Glenn Phillips, Sanvir Singh, Heinrich Klaasen, Bhuvneshwar Kumar, Mayank Agarwal, T Natarajan, Anmolpreet Singh, Mayank Markande, Upendra Singh Yadav, Umran Malik, Nitish Kumar Reddy, Fazalhaq Farooqi, Shahbaz Ahmed (Traded).