The IPL buzz is back again! In what was an eventful Sunday, the franchises have submitted their list of releases and retentions on November 26. The Mini Auction ahead of IPL 2024 will be held next month.
The fans have reciprocated the buzz around the retention deadline, as the teams made some surprising calls. Amidst the players retained and released, there have been various aspects of the auction that the fans would want to know.
Ahead of the auction, let us look at the required squad size range for the IPL 2024.
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How many players do each team need to sign ahead of IPL 2024?
The minimum floor for the squad size of each team at the IPL 2024 is decided at 18. The maximum ceiling of players in any squad is decided at 25.
The limit of overseas players on any squad is restricted to eight. There is no minimum floor limit for overseas players, but teams generally prefer to max out the limit by having eight foreigners in their squad.
The budget of all teams to acquire the minimum limit of players has been raised from INR 95 Crores in 2023, to INR 100 Crores in 2024.
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How many players do each team need to sign at the IPL 2024 Auction?
The maximum number of players that any team can sign is 25. Here is the list of the number of retained players, slots available, and remaining purse for each team.
| Team | Retained Players | Players signed in 2024 auction | Remaining slots available | No. of overseas slots available | Remaining purse (INR) | Minimum no. of players to be signed |
|---|---|---|---|---|---|---|
| Chennai Super Kings | 19 | 6 | 0 | 0 | 1.00 crores | 0 |
| Delhi Capitals | 16 | 8 | 1 | 1 | 9.90 crores | 0 |
| Gujarat Titans | 17 | 8 | 0 | 0 | 7.85 crores | 0 |
| Kolkata Knight Riders | 13 | 10 | 2 | 1 | 1.35 crores | 0 |
| Lucknow Super Giants | 19 | 6 | 0 | 2 | 0.95 crores | 0 |
| Mumbai Indians | 17 | 8 | 0 | 0 | 1.05 crores | 0 |
| Punjab Kings | 17 | 7 | 1 | 0 | 4.35 crores | 0 |
| Rajasthan Royals | 17 | 5 | 3 | 0 | 0.20 crores | 0 |
| Royal Challengers Bangalore | 19 | 6 | 0 | 0 | 2.85 crores | 0 |
| Sunrisers Hyderabad | 19 | 6 | 0 | 0 | 3.20 crores | 0 |
All the teams should have a minimum squad size of 18. As per the above list, Rajasthan Royals, Punjab Kings, and Mumbai Indians will need to sign a minimum of one player each to reach the floor limit. Delhi Capitals should sign at least two players at the auction table from the remaining budget.
Kolkata Knight Riders will have to sign a minimum of five players from their remaining purse of 32.7 crores. Out of all teams, They have retained the least players from last season.
MORE: IPL 2024 Auction: What is the remaining purse for each team?
When is the IPL 2024 auction?
The mini-auction for IPL 2024 is set to be held at the Coca-Cola Arena in Dubai on December 19, 2023.
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