The Indian Premier League (IPL) is one of the cricket leagues globally. The excitement around the tournament is not just limited to the matches but also extends to the IPL auction, a high-profile event where franchises bid for players to form their teams. However, there is often confusion about whether the IPL auction occurs every year. Let's explore this topic in detail.
The IPL auction is a platform where the 10 participating franchises bid for domestic and international cricketers to build their squads. It is a highly competitive event that often sees intense bidding wars, resulting in some players securing lucrative contracts. The auction serves as the foundation for team composition and strategy for the upcoming season.
During the last auction in 2024, each IPL team had a total budget of ₹120 crore for player purchases, though part of this amount is typically spent on retaining players before the auction.
Each team must have a squad of at least 18 players and can have a maximum of 25, resulting in a possible total of up to 250 players across all franchises. Ahead of a mega auction, a team can retain a maximum of 6 players, with up to 5 of them being capped players and 2 being uncapped.
To understand whether the IPL auction happens every year, it’s essential to distinguish between the different types of auctions conducted:
The IPL auction does not strictly occur every year in the form of a mega auction. While a mini-auction takes place almost every year to accommodate minor changes in the squads, mega-auctions are scheduled less frequently. Therefore, it is accurate to say that an IPL auction of some form generally occurs each year, but the scale and significance differ.
Mega auctions are spaced out for a few reasons:
Also Read: Tata IPL 2025: IPL & Investing: How Captains and Portfolio Managers Think Alike?
In summary, while a mini-auction usually takes place every year to accommodate minor changes, the grander, more comprehensive mega-auctions occur every 3 years. Both types of auctions play a significant role in team dynamics, financial management, and the overall excitement of the IPL. The auction, whether mini or mega, remains a crucial element of the IPL ecosystem, making it more than just a cricket tournament. It is a blend of sports, entertainment, and business that keeps fans and stakeholders engaged year-round.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Published on: May 12, 2025, 10:53 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates