IPL 2024 Purse Value of All IPL Teams Before Auction

IPL 2024 Purse Value:The IPL 2024 auction is a crucial event for all the participating teams. It serves as an opportunity for the franchises to strengthen their squads with new talent and strategic acquisitions.

The auction also plays a significant role in shaping the competitive landscape of the Indian Premier League (IPL) for the upcoming season.

IPL 2024 Purse Value

IPL 2024 Purse Value before auction : The BCCI has increased the purse value of the franchises by INR 5 crores for the IPL 2024 auction. This means that each team will have a purse of INR 100 crores to bid for players.

The purse value of a team may also vary depending on the list of released players. The salary of the released players will be added to the team’s existing price cap.

In addition to the IPL 2024 Auction Players full list, the BCCI has also released separate lists of bowlers, batters, allrounders, and wicket keepers. These lists can be used by teams to identify potential targets for the auction.

What are the purse values of the 10 participating teams ahead of the IPL 2024 auction?

As the IPL 2024 auction approaches, each of the 10 participating teams has a specific purse amount at its disposal, which determines their auction strategies and player selections. Analyzing the remaining purse for each team provides valuable insights into their potential auction moves.

Here’s a comprehensive overview of the remaining purse value and available slots for each IPL 2024 team, providing insights into their potential recruitment strategies at the upcoming auction.

Team	Players		Total Money Spent(INR)	Salary Cap Available(INR)	Available Slots
	Total	Overseas			Total	Overseas Slots
CSK	19	4	68.60	31.40	6	3
DC	16	4	71.05	28.95	9	4
GT	18	6	76.85	23.15	7	2
KKR	13	4	67.30	32.70	12	4
LSG	19	6	86.85	13.15	6	2
MI	17	5	84.75	15.25	8	3
PBKS	17	6	70.90	29.10	8	2
RCB	18	4	59.25	40.75	7	4
RR	17	5	85.50	14.50	8	3
SRH	19	5	66.00	34.00	6	3
Total	173	50	737.05	262.95	77	30

Chennai Super Kings

CSK has spent ₹68.60 crores so far, leaving them with ₹31.40 crores available purse and 6 open player slots. 

Delhi Capitals 

DC has ₹28.95 crores left out of ₹95 crores total purse and 4 open overseas slots.

Gujarat Titans

New entrants GT has available purse of ₹23.15 crores and 2 overseas slots yet to be filled.

Kolkata Knight Riders

KKR has the third highest purse balance heading into auction at ₹32.70 crores, with 4 overseas slots still open.

Lucknow Super Giants

After decent debut season, LSG has ₹13.15 crores in purse to fill 2 overseas slots.

Mumbai Indians  

Defending champions MI have ₹15.25 crores available to them along with 3 overseas spots.

Punjab Kings  

PBKS now have purse balance of ₹29.10 crores and 2 overseas slots still available.

Rajasthan Royals

RR have the second lowest purse at ₹14.50 crores for auction, with 3 overseas vacancies.

Royal Challengers Bangalore  

RCB have bolstered their lineup with trades, leaving ₹40.75 crores and 4 overseas slots. 

Sunrisers Hyderabad

SRH continue to enjoy highest auction purse of ₹34 crores after releasing host of stars, with 3 overseas slots empty.

Final Auction Strategies 

Franchises with higher purse values and overseas slots have greater flexibility in auction strategy. Teams like SRH, PBKS and RCB can overhaul lineups, while MI, CSK and RR will need targeted buying approach.

Conclusion

Latest purse details reveal SRH in best position for IPL 2024 auction spending spree. MI and CSK have limited wiggle room to rebuild squads. It promises to be a gripping auction event ahead of next IPL season.