The Indian Premier League is something which every cricket fan looks forward to and one of the most-awaited parts of the tournament is the player auction, which generally takes place months before. The IPL 2024 auction is something that fans have been waiting for, especially with the date and venue of the event being confirmed already. Once again, top players from all over the world and India would go under the hammer as the 10 franchises battle hard to have the best names on board and prepare for the upcoming edition of the marquee T20 tournament. The IPL 2023 auction was held in Kochi with England all-rounder Sam Curran turning out to be the most expensive player of the event, fetching a whopping Rs 18.5 crore from Punjab Kings. IPL 2024 Transfer Window: Romario Shepherd Traded to Mumbai Indians From Lucknow Super Giants Ahead of Auction.

The auction also saw some other big money purchases in the form of Cameron Green (Mumbai Indians Rs 17.5 crore), Ben Stokes (Chennai Super Kings for 16.25 crore), Nicholas Pooran (Lucknow Super Giants for Rs 16 crore) and Harry Brook (Sunrisers Hyderabad for Rs 13.25 crore). This year too, fans can expect some big-money signings as all 10 teams aim to gear up and prepare for action in the next edition of the tournament. The year 2008 saw IPL being introduced into Indian cricket for the first time and since then, the T20 tournament has turned out to be one of the biggest cricket events which fans look forward to. Ahead of the IPL 2024 auction, let us take a look at some details that you need to know.  Is IPL 2024 Trade Window Open? What is The Player Transfer Deadline? Are Players Available for Trading After the Auction? Know All Details.

When is IPL 2024 Auction? Know Date, Time and Venue and Bidding Event

The IPL 2024 auction is set to witness a first. For the first time in history, the auction is set to be held outside India for the first time. The IPL 2024 auction will be held in Dubai on December 19 and the Coca-Cola Arena will host the event. The IPL 2024 Auction will start at 1:00 pm IST (Indian Standard Time).

IPL 2024 Team Purse Ahead of IPL 2024 Auction

The IPL 2024 auction would see franchises head into the event with an increased purse. A report in ESPN Cricinfo states that the purse for the franchises has been increased to Rs 100 crore as compared to Rs 95 crore from the last edition. However, here's how much each team has been left with after they announced their retentions and trades.

Teams Purse 
Chennai Super Kings Rs 31.4 Crore
Gujarat Titans Rs 38.15 crore
Mumbai Indians Rs 17.75 Crore
Kolkata Knight Riders Rs 32.7 crore
Delhi Capitals Rs 28.95 crore
Rajasthan Royals Rs 14.5 crore
Royal Challengers Bangalore Rs 23.25 crore
Lucknow Super Giants Rs 13.15  crore
Punjab Kings Rs 29.1 crore
Sunrisers Hyderabad Rs 34 crore

IPL 2024 Live Streaming and Telecast Details

Much like the IPL 2023 auction, there would be different platforms for live telecast and live streaming of the IPL 2024 auction. For the uninitiated, Star had bagged the telecast rights in the IPL media rights auction for the 2023-2027 cycle. Hence, the live telecast of the IPL 2024 auction will be available on Star Sports Network TV channels. Viacom18 had secured the digital rights of the IPL 2024 auction and hence, the IPL 2024 auction live streaming online will be available on the JioCinema app and websites.

Chennai Super Kings had won the IPL 2023 title, beating Gujarat Titans in a rain-marred final. It was the fifth title for the MS Dhoni-led outfit as the franchise equalled Mumbai Indians' tally of five IPL titles.

(The above story first appeared on LatestLY on Nov 13, 2023 10:07 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).