IPL 2023 auction set to take place in Kochi on December 23
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IPL 2023
The BCCI has informed all franchises that the players’ auction will take place on December 23 in Kochi. It will be a mini-auction, unlike the 2022 auction, which was a mega one, where teams were literally building the group from scratch. The event will be of just one day.
In addition to the amount left in their purse from the last auction and the value of the players they release, the franchises will be allowed an additional Rs. 5 crore to spend. This will make the total purse to Rs 95 crore. “The overall purse will be about Rs 94-95 crore,” a BCCI insider said.
Earlier, there were reports that the event could be organized overseas for the first time in history. Istanbul was being considered on a serious note, but the logistics ruled it out. “The franchises were also kept in the loop before finalising the venue,” the Board insider added.
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IPL franchises to submit list of retained players
IPL teams will have to submit the list of retained players by November 15 positively and by the first week of December, the player pool for the auction is likely to be finalized. Unlike last season, there is no limit on the number of players that can be retained by each franchise.
There will be no shortage of star players in the mini-auction as the likes of Ben Stokes, Sam Curran and Cameron Green are likely to register themselves for the auction. These players hold a high value in the market and can attract bidding wars amongst the franchises.
A new auctioneer is likely to come onboard, replacing renowned Hugh Edmeades. Charu Sharma had to step in at last year’s auction after Edmeades fainted on stage on the first day of the event. He managed to pull things off quite nicely and the event resumed without much delay. However, board officials have been silent on the matter.
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Wansh Agarwal
(140 Articles Published)