The Indian Premier League (IPL) 2024 auction is set to take place in Dubai on December 19, 2023. Furthermore, the deadline for the BCCI to release the player retention list by the team is November 26.
Every team has a purse of INR 100 crore (USD 12.02 million approximately) to build their line-up for the next edition, which is a 5 crore increase from the previous season’s purse of 95 crores.
- Punjab Kings arguably have the largest purse to spend with INR 12.20 crore,
- SunRisers Hyderabad possess INR 6.55 crore (USD 0.79 million);
- Gujarat Titans and Delhi Capitals both have INR 4.45 crore (USD 0.54 million) each;
- Lucknow SuperGiants have INR 3.55 crore (USD 0.43 million);
- Rajasthan Royals have USD 3.35 crore (USD 0.40 million);
- Royal Challengers Bangalore have INR 1.75 crore (USD 0.21 million);
- Kolkata Knight Riders have INR 1.65 crore (USD 0.2 million);
- Chennai Super Kings have INR 1.5 crore (USD 0.18 million).