IPL 2023 Auction: All 10 teams aiming to make the best use of their remaining purse money

It is that time of year again. The suspense, buildup, and thrill of the unknown are back. On Friday (December 23, 2022), the mini-auction for the 16th season of the Indian Premier League (IPL) is set to take place.

It is reasonable to say that the IPL auction is one of the most thrilling events to witness before the tournament, and it adds a new dimension of anticipation. Some of the players will make a lot of money, while others won’t be bought at all. Nobody has the authority to evaluate the auction’s dynamics.

Even though the next Indian Premier League season won’t begin until 2023, a mini-auction will be held on December 23 in Kochi this year, months before the main event begins. As 405 players will be up for auction, the 10 teams will be looking to make the greatest use of their remaining purse money. It’s important to remember that the initial list of 991 players was reduced to 369 players, and then additional 36 players were added to the list at the team’s request.

There are 273 Indians and 132 overseas players, with four from associate nations among the 405 total. There are 119 capped players, 282 uncapped players, and 4 from associate nations. A total of 87 slots are now available, with up to 30 reserved for international players.

With the addition of the Gujarat Titans and Lucknow Super Giants early this year, the maximum purse for IPL teams was raised to 95 crores per side. Franchises will now compete in the mini-auction after the major in 2022.

Most Successful team of IPL

The most successful IPL team is Mumbai Indians, but they failed miserably in the most recent auction. They will face a significant challenge in assembling a competitive squad for the upcoming season. Royal Challengers Bangalore has stayed with its core group, and they don’t have many open positions.

Let’s take a look at the remaining purse amounts for each of the 10 IPL teams before the mini-auction begins in Kochi.