Rajendra Prasad Mohapatra

Countdown has already started for the upcoming edition of the Indian Premier League (IPL). All the teams have started their preparations for the pre-auction strategies in full swing for the 2024 season of the mega event.

The trade window for the mega event has played an important role in facilitating rebuilding of the teams. It has allowed all the franchises to engage in player swaps or all-cash deals. This dynamic process helps in forming the team compositions. It also helps influencing the financial standings of the franchises

Under the window rules of IPL 2024, franchises can engage in player swaps, They can also opt for all-cash deals to bolster their squads. However, the IPL governing council retains the authority to grant final approval for all the trades.

In cases, multiple franchises express interest in a particular player, the selling franchise has the prerogative to choose the destination for their player. Moreover, prior consent from the player is mandatory before any trading or transferring process takes place. However, ‘Icon’ players are exempted from the trading process.

As per the trade deadline, teams must finalize their retention lists by November 26, marking the cutoff for player trades. The combined retention and trade lists determine each team’s final purse for the upcoming season of the mega competition.