Essential Guide to Deadline, Trade Rules, Team Strategies, and Purse in Sports

Essential Guide to Deadline, Trade Rules, Team Strategies, and Purse in Sports

Get the latest IPL 2024 retention information, including the deadline, trading rules, and more.

As the IPL 2024 auction draws near, franchises are making strategic moves in the IPL Trade Window to bolster their teams for the upcoming season. Player swaps and cash transactions during this phase can significantly impact team budgets. Learn about player retentions and trades below.

Deadline: The IPL auction is on December 19 in Dubai, where top players will compete for contracts with ten franchises. Before this event, teams must finalize their retention lists and conclude player trades by November 26 at 4 PM, which will determine each team’s financial resources for IPL 2024.

IPL 2024 Trade Window Rules:

Player Transactions: Franchises can opt for player swaps or engage in all-cash deals to strengthen their squads.

Approval Process: The IPL governing council has the final say on all trades.

Preference Rights: Selling franchises have the right to choose a player’s destination if multiple teams are interested.

Player Consent: Players must consent to any trading or transferring process.

Exclusions: ‘Icon’ players are exempt from the trading process.

Players Traded So Far:

Romario Shepherd (Rs 50 lakh) – Traded from Lucknow Super Giants to Mumbai Indians.

Devdutt Padikkal (Rs 7.5 crore) – Traded from Rajasthan Royals to Lucknow Super Giants.

Avesh Khan (Rs 10 crore) – Traded from Lucknow Super Giants to Rajasthan Royals.

Remaining Purse: Each team reportedly has a purse of INR 100 crore, a INR 5 crore increase from the previous year. Teams will continue with their remaining purse from the prior auction, and any additional funds will be determined based on the transactions involving released and retained players.

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 – INR 50 lakh

Stay tuned for the drama of IPL 2024 as teams reshape their line-ups in pursuit of glory.