The Board of Control for Cricket in India (BCCI) has officially confirmed that the Indian Premier League (IPL) auction will take place in Dubai. This marks the first time in IPL history that the auction will be conducted overseas. The event is scheduled to be held at the Coca-Cola Arena in Dubai on December 19.
The decision to host the IPL auction in Dubai was reported by Cricbuzz on October 26. It is a significant development for the league, as the BCCI had considered hosting the auction in Istanbul, Turkey, last year but eventually withdrew the plan.
In a recent communication to the IPL franchises, the BCCI announced that the deadline for the release of the list of retained players has been extended to November 26. Previously, franchises were expected to submit their lists by November 15.
For the upcoming season, the 10 IPL teams will operate under a salary cap of INR 100 crore. This season also marks the third and final year of the three-year contracts for each player. A mega auction is scheduled for the next year, which could potentially lead to significant changes in team compositions.
The choice of the Coca-Cola Arena as the auction venue is noteworthy. This bustling location in Dubai is renowned for hosting high-profile events, including concerts and various sporting events. It sets the stage for an exciting and high-stakes auction event.
While the trade window has been open for some time, there has been limited activity so far. However, it is anticipated that teams will release underperforming, high-salaried players by the extended deadline of November 26 as they look to reshuffle their squads for the upcoming season.
In recent news, the BCCI also announced a trade between the Mumbai Indians and the Lucknow Super Giants. Romario Shepherd will join the Mumbai Indians for the upcoming season, moving from LSG. The trade was completed at his base price of INR 50 lakh, adding an interesting twist to the team dynamics.
As fans eagerly await the IPL auction in Dubai on December 19, the stage is set for a potentially dramatic reshaping of the teams for the upcoming season, with franchises eyeing the opportunity to strengthen their squads and secure the best talents in the cricketing world.
More from wisdom Imbibe:
- India’s Record-Breaking Victory: Crushing Sri Lanka by 302 Runs in an ODI Spectacle
- Dominant South Africa Crush New Zealand in World Cup Clash
Visual Stories from Wisdom Imbibe:
