The mini-auction for Indian Premier League (IPL) 2023 is scheduled to be held on December 23 in Kochi.
The total budget per franchise is set to increase from Rs 90 crore to Rs 95 crore. Earlier in February, the Board of Control for Cricket in India (BCCI) conducted a mega auction for IPL 2022, during which 204 players were bought (out of a maximum possible 217 slots that were open) by the ten franchises.
A total of Rs 551.7 crore was spent to sign up 107 capped and 97 uncapped players. The breakdown of sold players was: 137 Indians and 67 overseas.
The IPL Governing Council has asked all the franchises to submit their list of retained players by November 15. Unlike the 2022 mega auction, when two new teams – Lucknow Super Giants and Gujarat Titans – were added and the old guns could retain a maximum of four players, there is no such cap for the mini-auction of IPL 2023.
Money left in the purse of all ten teams after IPL 2022 auction:
- Punjab Kings – Rs 3.45 crore
- Chennai Super Kings – Rs 2.95 crore
- Royal Challengers Bangalore – Rs 1.55 crore
- Rajasthan Royals – Rs 0.95 crore
- Kolkata Knight Riders – Rs 0.45 crore
- Gujarat Titans – Rs 0.15 crore
- Mumbai Indians – Rs 0.10 crore
- Sunrisers Hyderabad – Rs 0.10 crore
- Delhi Capitals – Rs 0.10 crore
- Lucknow Super Giants – 0