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The world’s premier T20 tournament is just around the corner, with the 2023 Indian Premier League due to start in late March.
While the first ball of the IPL may still be a few months away, an important piece of the action takes place this Friday. The ten participating franchises will meet to contest the TATA IPL 2023 Player Auction on the 23rd of December, where they will bid for which players they want to make up their squads.
We look at a full breakdown of what to expect from the 2023 IPL auction, including how the bidding will work, and where each IPL franchise is currently at with their squad make-up and budget.
How the 2023 IPL Auction Works
The 2023 IPL auction will take place in Kochi, on the 23rd of December 2022. The event will see a total of 405 players available to be bid on by IPL franchises, with 273 of these players being Indian, and the remaining 132 from overseas nations.
Prior to the IPL auction, teams were given the option of retaining players, and many teams have done this. That means that although there are 405 players available at the auction, only 87 purchases will be made in total on December 23rd.
The auction will begin with an opening round of the top players, before which it will enter several accelerated rounds where only players that teams have expressed an interest in will be presented. As a result, there is a good chance that many of the 405 available players will not go under the hammer, if one or more IPL teams do not express an interest in bidding on them.
Each team will also have a Right to Match, meaning that if bids are made on a player who represented them last season, the option exists for them to simply match the bidding that is made on them.
How Each Team is Positioned Heading Into the IPL Auction
Based on activity prior to the IPL auction, each franchise is in a slightly different position heading into December 23rd. Some have already spent the majority of the budget and are coming into the IPL auction looking to pick up just a handful of players; others have a large war chest remaining and need to buy the bulk of their squad still.
Here’s an overview of where each team is at with their squads ahead of Friday:
|Team||Purchases Required||Budget (INR Crores)|
|Chennai Super Kings||7||20.45|
|Kolkata Knight Riders||11||7.05|
|Royal Challengers Bangalore||7||8.75|
|Lucknow Super Giants||10||23.35|
Looking at this overview, it’s clear some teams are heading into this auction in very different positions. The Sunrisers Hyderabad have the greatest spending power, with a whopping INR 42.25 Crores remaining in their budget, yet are needing to acquire 13 players. On the other hand, the Kolkata Knight Riders have only a sixth of that budget to work with, with a meagre INR 7.05 Crore to spend on Friday.
Tune in on Friday the 23rd of December from 9:00 AM GMT to see how all of the bidding unfolds.