IPL 2024 Auction Date | Venue And Auction Rules

The IPL 2024 Player Auction will feature 333 cricketers, including 214 Indians and 119 overseas players, with 2 from associate nations. The highest reserve price is INR 2 crore. The auction will commence on December 19th, 2023, at 1 PM local time in Dubai (2:30 PM IST).

IPL 2024 Player Auction List

FranchisePlayersOverseasMoney Spent (Rs.)Cap Available (Rs.)Available SlotsOverseas Slots

You can also read our guide on IPL All Teams Retained And Released Players List

IPL Auction Rules

All the teams will get equal opportunities for the IPL auction because every team has a settled squad. 

  • BCCI-registered players in the auction pool are eligible for selection upon registering through the official IPL website.
  • Each franchise will have a predefined player purse, which includes rollover funds from the previous season.
  • Teams can retain a maximum of four players before the auction, each with an assigned salary cap.
  • The auction employs competitive bidding, with the highest bidder securing the player. Right Match cards allow the reacquisition of previously released players at an extra 10% cost.
  • New IPL 2024 rules introduce an Impact Player per match, enable inter-franchise player trades, and establish a dedicated fast bowler pool.

Trade Window

The Board of Control for Cricket in India (BCCI) has opened a trade window before IPL 2024. All the franchises of IPL can trade players amongst themselves in this trading window before the IPL 2024 Auction. 

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Where will IPL 2024 Auction Take Place?

The auction is scheduled to start on December 19, 2023, at 1:00 PM Dubai local time, which corresponds to 2:30 PM IST.

What is the difference between an IPL auction and an IPL mega auction?

IPL mini-auction is held every year. IPL mega auction is usually held every three years. Moreover, the main difference is that in the IPL mega auction, a team can retain a maximum of 4 players and release the rest of the team, But in the IPL mini-auction, a team can retain as many players as they want in the team. 

Can unsold players play in IPL?

Players are gone unsold when no team shows interest in buying them. The unsold players can play in the IPL. The BCCI allowed the IPL team to buy the player who went unsold in the IPL auction. Franchises can buy the players during IPL if they need any replacement in the team. 

Who gets the money from the IPL auction?

The auction money directly goes into the player’s account. And it is the player’s salary that goes for one year. However, all the taxes are deducted from this amount. Excluding taxes, the rest of the money goes into the player’s account. 

Is IPL 2022 the last mega auction?

Several rumors were circulating that the IPL 2022 auction is the last mega auction of IPL. But there is no truth in this news. However, the franchise owner agreed to remove the auction system from IPL and wanted to set their selection criteria for players. But IPL 2024 is scheduled as a routine auction. 

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