Teams can sit at the auction table with an increased purse price in the IPL Auction 2025. The old purse amount was Rs 90 crore which is expected to be increased to Rs 115-120 Crore this year.
Key Highlights:
- The purse of 10 teams in IPL Auction 2025 is likely to be increased from Rs 90 crore to Rs 115-120 crore.
- The IPL Auction 2025 is expected to be held in the 2nd week of November.
- Unlike the previous auction, IPL Auction 2025 will be a 2-day event.
- The venue of the IPL Auction 2025 is to be announced along with the dates.
- In the IPL Auction 2025, the franchises may have only one RTM (Right-to-Match) card.
It has been several days since the cricket world is getting hot day by day with speculations and rumors about the upcoming IPL auction event. Many media outlets and social media pages have speculated that the purse of franchises will be increased this year and most of the teams do not want to release their key players which they have investing for years.
However, everything that you are hearing about the upcoming IPL auction event, remains unofficial and unconfirmed as BCCI has not yet issued any official statement. However, the board has likely considered the recommendations and suggestions of IPL franchises’ owners ahead of the IPL Auction 2025. Therefore, we have come up with this article to share everything that is being claimed by reliable sources about the upcoming IPL mega sale event. Follow the article to the end. Drag down the page.
IPL 2025 Auction: Key Dates and Insights Ahead of the Big Event!
According to ESPN Cricinfo, the board will take a final call on the retention rules on Sunday, September 29, 2024, ahead of the 93rd Annual General Meeting of BCCI. Therefore, it is expected that the IPL teams might be allowed to use only one RTM card in the mega IPL Auction 2025. However, the reduction of RTM cards will only come in the situation of increased retention of the players.
The sources are suggesting that the ten IPL franchises are likely to be allowed to retain their five key players ahead of the IPL auction 2025 and one player they can get in the auction by using the RTM card. However, the reports have not yet suggested what will be the ratio of Indian and foreign players in the retentions. Of course, the retention of overseas players will be under some conditions.
ESPNcricinfo suggested that it could not be confirmed how many Indian players can be retained or whether there will be a cap on retained overseas players. The retention slabs are also not confirmed. However, the source is confident while saying that the overall purse of IPL franchises may appear to increase from Rs 90 crore to Rs 115-120 crore.
For the last three auctions, the IPL teams had been fighting the bidding war with a total salary cap of Rs 90 crore. This year, the overall purse amount of IPL teams in the auction may hover in the range of Rs 115 to 120 crore. Amid so many speculations and rumors about the retention rules, the date of the IPL Auction 2025 also became a major talking point among cricket enthusiasts.
As of yet, no date has been announced for the IPL Auction 2025 but it is expected to be held in the second week of November 2024. Unlike the previous three years, this year’s auction can be a two-day event. The venue of the IPL Auction 2025 will be revealed after Sunday’s AGM.
In Case You Didn’t Know
- Some franchises are demanding an increased number of retentions while others are comfortable with only 4 retentions.
- The last three IPL auctions were a single-day affair but this year you can expect a two-day mega-sale affair.
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