IPL 2024: Find Out The Purse Value Of All The Franchises

The list of players retained and released ahead of the IPL 2024 auction was announced on Sunday evening by all 10 franchises.

Some of the big names that were released were Josh Hazlewood, Wanindu Hasaranga, Harry Brook, and Jofra Archer.

The reports of Hardik Pandya returning to the Mumbai Indians didn’t materialize as the Gujarat Titans announced Hardik in their retained players’ list for the IPL 2024 season. However, there is still an option for player-to-player trade available until one week before the IPL auction. The IPL 2024 auction is slated for December 19 in Dubai.

Gujarat Titans will head into the IPL 2024 as defending champions.

"Rohit Sharma Will Let Hardik Pandya Captain Mumbai Indians In IPL 2024"
No return for Hardik to Mumbai.

Who has the biggest purse in IPL2024 auction?

MS Dhoni, IPL 2024

With INR 40.75 crore, the Royal Challengers Bangalore (RCB) will go in the IPL 2024 auction with the largest purse of all teams.

Purse left for each team after releasing and retaining players ahead of IPL 2024 auction:

Chennai Super Kings (CSK) -INR 31.4 crore

Gujarat Titans (GT)

Mumbai Indians (MI)

Delhi Capitals (DC)
Rajasthan Royals (RR)
Punjab Kings (PBKS)
Sunrisers Hyderabad (SRH) – INR 34 crore
Lucknow Super Giants (LSG)
Kolkata Knight Riders (KKR) – INR 32.7 crore
Royal Challengers Bangalore (RCB) – INR 40.75 crore

More news on IPL retention and releases:

Ben Stokes and Joe Root had already pulled out of the 2024 season to focus on their fitness and workload. Stokes is the England Test captain and is part of the T20 team that won the T20 World Cup last year. The T20 World Cup 2024 will kick-start just a week after the IPL concludes.
Regarding Josh Hazlewood, it has been learned that Hazlewood will not be available for March next year as he’s expecting a child. Hazlewood is part of Australia’s T20I team, so focusing on his fitness and workload for the T20 World Cup must have already been on his mind.
One major release is that of Jofra Archer, whose release makes up for INR 8 crore in Mumbai’s purse, after keeping Archer for two seasons in which he only played 5 matches and missed other games due to his elbow injury. Mumbai have also released Jhye Richardson, who missed entire IPL 2023 due to injury.