IPL 2023 Auction: The Board of Control for Cricket in India (BCCI) is gearing up for the Indian Premier League 2023 (IPL 2023) auction. The IPL has requested 10 franchises to submit their list of retained players by November 15 in order to kick off the process for the forthcoming mini-auction. The auction is anticipated to take place in the third week of December. Follow IPL 2023 LIVE & BCCI AGM LIVE Updates on InsideSport.IN.
IPL 2023 Auction: IPL teams to submit list of retained players by November 15 ahead of December mini-auction in Bengaluru – Follow LIVE Updates
Also Read: IPL 2023 Auction: BCCI sets December 16 date for Mini-Auction in Bengaluru, Final decision at IPL GC Meeting, Follow LIVE (insidesport.in)
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To start the procedure for the upcoming mini-auction, the IPL has asked ten franchises to submit their list of retained players by November 15 at the latest, as per ESPNcricinfo.
There is no such cap for the mini-auction leading up to IPL 2023, in contrast to the major auction last year, when two new franchises were added and the old sides could keep a maximum of four players. Each team will also have an additional INR 5 crore ($607,000) to spend on top of the money from the previous auction, bringing the total auction pot to INR 95 crore ($11.5 million).
After last year’s auction, Punjab Kings has the largest remaining purse, INR 3.45 crore (about US $425,000), while Lucknow Super Giants had used up all of their funds.
Royal Challengers Bangalore was next with INR 1.55 crore, followed by Rajasthan Royals with INR 0.95 crore, and Kolkata Knight Riders with INR 0.45 crore.
Chennai Super Kings had INR 2.95 crore remaining. Gujarat Titans, the defending champions, had INR 0.15 crore left, while Mumbai Indians, Sunrisers Hyderabad, and Delhi Capitals each had INR 0.10 crore.
“It will be a short auction as we had the big one last season. The last auction was the major one and the next three will be mini auctions as the teams want to develop the squads,” a senior BCCI official told InsideSport earlier.
IPL 2023 Date: As expected, the IPL is expected to start in the last week of March around the 22nd or 23rd. However, a final decision is expected during auctions when the IPL governing council meets.
IPL 2023 Format: Home & Away to Return: As reported by InsideSport earlier, the home and away format will return. It has already been confirmed by BCCI President Sourav Ganguly in his letter to the state associations.
IPL 2023 Auction: IPL teams to submit list of retained players by November 15 ahead of December mini-auction in Bengaluru – Follow LIVE Updates
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