IPL 2024 Auction: Teams Reveal Purse Values

In the build-up to the eagerly anticipated Indian Premier League (IPL) auction scheduled for December 19, all participating teams disclosed the lists of retained and released players on Sunday.

The teams collectively retained a substantial count of 174 players, while a total of 81 players were released into the auction pool. Kolkata Knight Riders took the lead in releasing the highest number of players. In contrast, Punjab Kings, Sunrisers Hyderabad, and Chennai Super Kings made a statement by retaining the maximum number of players for the upcoming IPL season.

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Post the retention announcements, here’s a glimpse of each team’s financial standing in terms of purse value, outlining the dynamics heading into the auction next month. The teams are arranged from the highest to the lowest purse:

1. Gujarat Titans – 38.15 Crores

2. Sunrisers Hyderabad – 34 Crores

3. Kolkata Knight Riders – 32.7 Crores

4. Chennai Super Kings – 31.4 Crores

5. Punjab Kings – 29.1 Crores

6. Delhi Capitals – 28.95 Crores

7. Royal Challengers Bangalore – 23.25 Crores

8. Mumbai Indians – 17.75 Crores

9. Rajasthan Royals – 14.5 Crores

10. Lucknow Super Giants – 13.15 Crores

As the teams prepare to dive into the auction frenzy, these purse values provide a glimpse into their financial strategies and the potential for strategic player acquisitions to bolster their squads for the IPL 2024 campaign.