The experiences of Hardik Pandya prone to shift base again to Mumbai Indians has rocked the social media. Hardik has received 4 titles with Mumbai Indians- 2015, 2017, 2019 and 2020 respectively. He was releaded by MI forward of the 2022 Mega Auction. Later, Gujarat Titans picked Hardik as the primary participant from the pool for a sum of Rs 15 crore. Hardik went on to win GT their first-ever IPL title in 2022 adopted by a high 2 end in 2023.
Hardik is being traded from GT to MI on an all-cash deal. In case you didn’t know what meaning, this explainer is for you.Â
Also Read | IPL 2024 Auction: Gujarat Titans Captain Hardik Pandya Is Rejoining Mumbai Indians For All-Cash Trade, Says Report
Here’s all the things it’s worthwhile to learn about IPL commerce window for franchises to grasp Hardik’s reported swap:
What is IPL buying and selling window?
Ahead of each public sale, there’s a interval wherein the ten franchises in IPL can commerce gamers. After the buying and selling is completed, the franchises announce the checklist of retained and launched gamers. Released gamers then go into the public sale. The sum of the quantity of launched gamers is added into the purse of the franchises, permitting them to make good buys on the public sale day.Â
When does IPL 2024 buying and selling window closes?
Hardik Pandya deal (Espncricinfo):
– Mumbai Indians can pay (15 + X) cr to GT.
– Hardik Pandya will get upto X Cr.
– X is unknown…!!! pic.twitter.com/eSMqsxU7Gm
— Mufaddal Vohra (@mufaddal_vohra) November 25, 2023
BCCI had prolonged the closing of buying and selling window this yr to November 26 from November 19 because of the IPL remaining on the identical day. By November 26, all ten groups must submit the checklist of retained gamers to the organising committee of IPL.
How does the IPL buying and selling window work?
The buying and selling of gamers works in two methods. One is swapping the gamers between franchises and the opposite is shopping for a participant on money. It is known as because the all-cash deal wherein the shopping for group pays the worth of the participant on which he was purchased on the public sale plus an undisclosed quantity which is the buying and selling charge. Half of the buying and selling charge quantity additionally goes to the participant.Â
Not to overlook, the franchise has to take consent of the participant earlier than making the transfer of buying and selling him.
What if a couple of franchise is considering shopping for a participant?
There may very well be a case that two franchises wish to purchase a participant from one other. In that case the franchise which is promoting the participant has the proper to decide on which franchise they are going to be promoting the cricketer to.
How many gamers have been purchased and offered within the IPL 2024 buying and selling window?
Just 2 tradings have been confirmed forward of the nearer of the window. West Indies’ bowling all-rounder Romario Shepherd has been traded to Mumbai Indians (MI) from Lucknow Super Giants (LSG). While LSG have additionally swapped Avesh Khan with Devdutt Padikkal.