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The Indian Premier League (IPL) 2024 auction saw as many as 74 players getting sold and a whopping sum of Rs. 230.45 crore was spent altogether. But the franchises still have time to tinker with their squad. The trading window is open again from December 20, just a day after the auctions concluded at the Coca Cola Arena in Dubai.
As per the IPL regulations, the trading window begins a month after the conclusion of a season and remains open till a week prior to the auction date. The window opens again after the auction and continues to be open until a month before the start of the next season.
For IPL 2024, the post-auction transfer window opens December 20th and will remain open till a month before the 2024 season gets underway.
What is trading widow?
The trading window allows the franchises to swap players or buy a player in an all-cash deal under the watchful eyes of the IPL governing council. Last month, 5-time champions Mumbai Indians utilized it to bring in Hardik Pandya from Gujarat Titans and later appointed him as the new captain of the side.
IPL auction 2024
Australian pacers Mitchell Starc, Pat Cummins and Spencer Johnson attracted massive bids as did Indian uncapped player Sameer Rizvi as the top 10 buys went for nearly 50 percent of the total INR 230.43 crore spent in the Mini-Auction ahead of the 2024 edition of the Indian Premier League held here on Tuesday. In all, 72 players were sold in the auction, 30 overseas, as six of the 10 franchises completed their full quota of 25 players.
The Kolkata Knight Riders bought Starc for a record INR 24.75 crore, the highest price garnered by any player in the history of IPL auctions while Pat Cummins was close behind with a massive winning bid of 20.50 crore at the Coca-Cola Arena in Dubai.
New Zealand all-rounder Daryl Mitchell was the next costliest buy of this mini-auction with defending champions Chennai Super Kings splurging Rs 14 crore for him.
Harshal Patel turned out to be the costliest Indian buy on Tuesday with Punjab Kings breaking the bank to claim his services at Rs 11.75 crore while West Indies pacer Alzari Joseph made it to the top five when Royal Challengers Bangalore picked him for Rs 11.50 crore.
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