As the IPL 2024 auction looms on December 19 in Dubai, franchises are in the thick of the pre-auction action, strategically maneuvering through the IPL Trade Window to reshape their squads.
In this critical phase, teams leverage player swaps and all-cash transactions, wielding influence over budgets with varied pricing structures. The deadline for finalizing retention lists and concluding player trades is November 26, determining the financial landscape for each team in the upcoming season.
The IPL governing council oversees the approval process for all trades, granting franchises the option of player swaps or all-cash deals. With the player consent prerequisite and ‘Icon’ players exempt from trading, the trade window is ablaze with notable transactions.
Romario Shepherd moves from Lucknow Super Giants to Mumbai Indians, Devdutt Padikkal shifts from Rajasthan Royals to Lucknow Super Giants, and Avesh Khan makes the move from Lucknow Super Giants to Rajasthan Royals.
Each team starts with a reported purse of INR 100 crore, with remaining purses varying among franchises, signaling an intriguing lead-up to the auction. The financial dynamics are spotlighted, with Punjab Kings leading the purse race at INR 12.20 crore, while Mumbai Indians trail with INR 50 lakh.
