The TATA IPL 2023 player auction is all set to be held on December 23 this year. 405 cricketers are all set to go under the hammer in Kerala’s Kochi from an initial list of 991 players, shortlisted by the ten playing teams.
The auction will start at 2.30 pm local time and viewers can live stream this year’s auction 2023 on the Jio Cinema App in India. Star Sports channels will also broadcast the auction on television.
Live updates can also be followed on Moneycontrol.
Follow our IPL 2023 Auction LIVE Updates here
273 players of the 405 are Indians while there are 132 overseas players up for the auction. Four of the overseas players are from associate nations.
The total capped players are 119 while uncapped players are 282, the Indian Premier League said in a press release.
“A maximum of 87 slots are now available with up to 30 being slotted for overseas players. Rs 2 crore is the highest reserve price with 19 overseas players choosing to be slotted in the highest bracket,” the press release read.
IPL also released a list of all the teams and the amount of money they have for the auction, available slots, squads and salary cap.
Money with each franchise:
Sunrisers Hyderabad (Rs 42.25 crore)
Punjab Kings (Rs 32.20 crore)
Lucknow Super Giants (Rs 23.35 crore)
Mumbai Indians (Rs 20.55 crore)
Chennai Super Kings (Rs 20.45 crore)
Delhi Capitals (Rs 19.45 crore)
Gujarat Titans (Rs 19.25 crore)
Rajasthan Royals (Rs 13.2 crore)
Royal Challengers Bangalore (Rs 8.75 crore)
Kolkata Knight Riders (Rs 7.05 crore).
Britain’s Hugh Edmeades will be carrying out the auction, like last time. He was appointed by the BCCI in 2018, replacing auctioneer Richard Madley. Since then, he has been a known face in the auction.
The IPL auction 2022, held in February this year, was a two day intense affair where 10 teams bid for 204 players, 67 overseas cricketers were bought and over Rs 550 crore was spent during the player auction.
For the first time, as many as 11 players were sold for over Rs 10 crore and two players made headlines. Opening batsman and wicket keeper, 23-year-old Ishan Kishan was sold for Rs 15.25 crore by Mumbai Indians team that went all out to buy him back.
Another team that made an expensive purchase was Chennai Super Kings that bought medium pacer Deepak Chahar for Rs 14 crore. During the auction, seven of the 11 most expensive players sold were Indians. When it comes to international players, English cricketer Liam Livingstone made headlines as he was bought for Rs 11.50 crore by Punjab Kings.
IPL auction 2023 rules
- No franchise will be allowed to spend more money on a player than they have available.
- At least 75 per cent of each team’s entire budget must be spent.
Franchisees won’t have access to the Right to Match (RTM) card option. - Each squad should have a minimum of 18 players, and no side shall have more than 25 players.
- There can be a minimum of 17 and a maximum of 25 Indian players per franchise.
- There is no upper limit on the number of international players each team can have on their roster-the maximum being 8 players.
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