IPL 2024 Auction: Purse Remaining Of IPL Teams

Purse Remaining for the IPL 2024 Auction by all 10 teams: Fascinating Concept of IPL

All franchises have submitted the retained and released players list for the IPL 2024 tournament on 26th November 2023. Especially, the trade of Hardik Pandya from GT to MI has created a buzz by returning back to his original team. After the trade, it would be exciting to know the purse remaining for the IPL 2024 auction by all the teams.

All franchises were required to submit the list of retained and released players before 26th November 2023 to enable the smooth transition of the trade. Ahead of the mini-auction on 19th December 2023 (Monday) at Coa-Cola Arena in Dubai, the franchises are set to a bidding war to select their best combination to clinch the IPL 2024 trophy.

Interestingly, all ten franchises have spent a total amount of INR 737.05 crores approximately to retain their best players.

Each team has been allotted a purse of INR 100 crores. This indicates that there has been an increase in a purse value of INR 5 crore compared to the previous edition of the Indian Premier League IPL.

Every team has increased its purse value either by performing a one-way trade or a two-way trade. This includes selling players from one franchise to another or swapping players between both IPL teams.

Also, teams can increase their purse value that can continue from the previous auction by releasing their players

For instance, Gujarat Titans’ purse value increased to INR 15 crores after Hardik Pandya was moved back to his original team Mumbai Indians. Additionally, releasing another eight players along with Hardik Pandya resulted in securing the highest purse value remaining ahead of the pool auction.

As the trade has been successfully completed, detailed information about the purse remaining for the IPL 2024 Auction by all 10 teams and the available slots will be discussed in detail…

Purse Remaining for the IPL 2024 Auction: List of All franchises

Here is a glimpse of the money spent and the remaining amount for all franchises to spend in the mini-auction. The details about the purse remaining for the IPL 2024 Auction by all 10 teams are tabulated below to comprehend many cricket fans

1. Gujarat Titans (GT):

Overall PlayersOverseas PlayersTotal slots availableAvailable slots for reserve playersTotal money spent (INR)Purse remaining for GT (INR)
1768261.85 crores38.15 crores

2. Chennai Super Kings (CSK): 

Overall PlayersOverseas PlayersTotal slots availableAvailable slots for reserve playersTotal money spent (INR)Purse remaining for CSK (INR)
1956368.6 crores31.4 crores

3. Mumbai Indians (MI): 

Overall PlayersOverseas PlayersTotal slots availableAvailable slots for reserve playersTotal money spent (INR)Purse remaining for MI (INR)
1748482.25 crores17.25 crores

4. Lucknow Super Giants (LSG): 

Overall PlayersOverseas PlayersTotal slots availableAvailable slots for reserve playersTotal money spent (INR)Purse remaining for LSG (INR)
1966286.85 crores  13.15 crores

5. Rajasthan Royals (RR): 

Overall PlayersOverseas PlayersTotal slots availableAvailable slots for reserve playersTotal money spent (INR)Purse remaining for RR (INR)
1758385.5 crores  14.5 crores

6. Royal Challengers Bangalore (RCB): 

Overall PlayersOverseas PlayersTotal slots availableAvailable slots for reserve playersTotal money spent (INR)Purse remaining for RCB (INR)
1956376.75 crores  23.25 crores

7. Kolkata Knight Riders (KKR): 

Overall PlayersOverseas PlayersTotal slots availableAvailable slots for reserve playersTotal money spent (INR)Purse remaining for KKR (INR)
13412467.3  crores  32.7 crores

8. Punjab Kings (PBKS): 

Overall PlayersOverseas PlayersTotal slots availableAvailable slots for reserve playersTotal money spent (INR)Purse remaining for PBKS (INR)
1768270.9  crores  29.1 crores

9. Delhi Capitals (DC):

Overall PlayersOverseas PlayersTotal slots availableAvailable slots for reserve playersTotal money spent (INR)Purse remaining for DC (INR)
1649471.05  crores  28.95 crores

10. Sunrisers Hyderabad (SRH):

Overall PlayersOverseas PlayersTotal slots availableAvailable slots for reserve playersTotal money spent (INR)Purse remaining for SRH (INR)
1956366  crores  34 crores

Purse Remaining for the IPL 2024 Auction: Overall Glance of different according to the ranking

Here is a glimpse of the purse remaining for the IPL 2024 Auction according to the descending order from the above stats:

  1. Gujarat Titans (GT): INR 38.15 crores
  2. Sunrisers Hyderabad (SRH): INR 34 crores
  3. Kolkata Knight Riders (KKR): INR 32.7 crores
  4. Chennai Super Kings (CSK): INR 31.4 crores
  5. Punjab Kings (PBKS): INR 29.1 crores
  6. Delhi Capitals (DC): INR 28.95 crores
  7. Royal Challengers Bangalore (RCB): INR 23.25 crores
  8. Mumbai Indians (MI): INR 17.25 crores
  9. Rajasthan Royals (RR): INR 14.5 crores
  10. Lucknow Super Giants (LSG): INR 13.15 crores

From the above stats, it becomes evident that Gujarat Titans(GT) has the highest purse value remaining at INR 38.15. Followed by other teams, sequentially, Lucknow Super Giants (LSG) has the least purse value remaining at INR 13.15 crores.

Highest Amount Spent by the team to retain the best players:

From the above-tabulated facts, it would be interesting to decode the highest amount spent by the team to retain its best players sequentially in descending order:

  1. Lucknow Super Giants(LSG): INR 86.85 crores
  2. Rajasthan Royals (RR): INR 85.5 crores
  3. Mumbai Indians: INR 82.85 crores
  4. Royal Challengers Bangalore (RCB): INR 76.75 crores
  5. Delhi Capitals (DC): INR 71.05 crores
  6. Punjab Kings (PBKS): INR 70.9 crores
  7. Chennai Super Kings (CSK): INR 68.6 crores
  8. Kolkata Knight Riders(KKR): INR 67.3 crores
  9. Sunrisers Hyderabad (SRH): INR 66 crores
  10. Gujarat Titans (GT): INR 61.85 crores

From the above stats, here are the intriguing facts observed:

  1. Gujarat Titans(GT) is the team to have the highest purse value remaining with the lowest amount spent to retain its best players.
  2. Lucknow Super Giants has spent the maximum amount compared to other teams to retain its players.
  3. The defending champions –Chennai Super Kings (CSK) have a perfect balance between the amount spent to retain its players and the purse remaining for the IPL 2024 auction.

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