Big Highlight/ IPL 2024 auction venue confirmed! BCCI reveals date and place for Indian Premier League's mega event
In a recent communication to the IPL franchises, the BCCI has announced an extension of the deadline for releasing the lists of retained players to November 26.
The Board of Control for Cricket in India (BCCI) has designated Dubai as the venue for the Indian Premier League (IPL) auction, set to occur on December 19. The Coca-Cola Arena in the desert city of Dubai will reportedly host this unique event, marking the first time an IPL auction will be held overseas.
3 things you need to know
- Chennai Super Kings lifted their fifth IPL trophy earlier this year
- They became the joint-most successful team alongside Mumbai Indians
- This is the first time the IPL auction will be held in a foreign country
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IPL auction date and venue confirmed
In a recent communication to the IPL franchises, the BCCI has announced an extension of the deadline for releasing the lists of retained players to November 26. This change grants teams more time compared to the initial deadline of November 15. Notably, the IPL 2024 auction coincides with the India vs. South Africa 2nd ODI at St George's Park in Gqeberha.
For the upcoming IPL season, the 10 teams will operate under a salary cap of INR 100 crore. This season represents the final year of the three-year player contracts, with a mega auction planned for the following year.
The choice of the Coca-Cola Arena as the auction venue is strategic, given its reputation for hosting high-profile events, including concerts and various sporting spectacles in bustling Dubai. While the IPL trade window has been open for some time, activity has been relatively limited.
Nevertheless, it is anticipated that teams will release underperforming and high-salaried players by the extended deadline of November 26.
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IPL news
In recent IPL news, the BCCI announced a trade between the Mumbai Indians and the Lucknow Super Giants. Romario Shepherd will make the switch to the Mumbai Indians for the upcoming season, transitioning from LSG, with the trade completed at his base price of INR 50 lakh.
Australia's premier fast bowler, Mitchell Starc, is set to make a return to the IPL this season, expressing his desire to participate.
Published By : Priya Nagi
Published On: 4 November 2023 at 09:02 IST