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IPL Auction 2023 Live Updates: 405 players set to go under the hammer in Kochi.© BCCI
IPL Auction 2023 Live Updates: The mini-auction for the upcoming edition of the Indian Premier League (IPL) will take place in Kochi later on Friday, December 23. This year’s auction saw 991 players registering and only 405 making the final list, including 273 Indian players and 132 overseas players. However, there are only 87 slots available to the teams, with a total purse of INR 183.15 crores. Prior to the mini-acution, the franchises were allowed to retain as many players as possible. This mini-auction will allow the teams to add more firepower to their squads.
Here are the Live Updates of the IPL Mini Auction 2023 from Kochi
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14:20 (IST)
IPL Auction: Which team has the highest purse remaining?
Out of the overall 95-crore purse allotted to each team after the addition of Gujarat Titans and Lucknow Super Giants in IPL, Sunrisers Hyderabad have the highest remaining purse amount of 42.25 crore. On the other hand, Kolkata Knight Riders have the lowest with a sum of 7.05 crore. Have a look at the entire list HERE
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14:17 (IST)
IPL Auction: What is the base price of players?
We are only a few minutes away from the start of the auction that will see a total of 405 players go under the hammer. A total of 19 players enter into the auction with a base price of 2-crore each, while 11 have a base price of 1.5-crore each. Check out the base price of each player HERE
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14:07 (IST)
IPL Auction: The top names
11 players are in the auction list with a base price of INR 1.5 crore. Manish Pandey and Mayank Agarwal are the two Indian players in the list of 20 cricketers with a base price of INR 1 crore.
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14:05 (IST)
IPL Auction: What will be the teams’ strategy?
From the 2023 season onwards, the X-Factor substitution has also been allowed which effectively makes it a 12-man team per side for each match. The franchises, hence, would need to keep this aspect in mind before bidding for their desired players.
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13:42 (IST)
IPL Auction: And some more rules!
The number of Indian players in each squad can vary from 17 to 25, neither less nor more. When it comes to the overseas lot, a maximum of 8 players can be bought. Any player going unsold in the initial rounds can be brought back later.
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13:38 (IST)
IPL Auction: Some more rules!
The franchises have to spend 75 percent of their overall purse balance at all cost. No Right To Match (RTM) card has been allowed this time.
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13:36 (IST)
IPL Auction: Rules explained
Contrary to the last season, the franchises have gotten INR 5 crore extra to spend this time around. The said amount has been added to their overall purse balance.
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11:57 (IST)
IPL Auction: List of all the players!
Here is the list of players who are all set to go under the hammer in Kochi later today. Click here
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10:50 (IST)
IPL Auction: HELLO!
Hello and welcome to our live coverage of the IPL 2023 mini-auction from Kochi. 991 players have registered for this year’s auction, with only 405 making the final list. However, only 87 slots are for grabs.
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