The Indian Premier League 2023 Auction will start on December 23rd, 2022. The Auction will take place in Kochi, Kerala, all in one day. Since this is not a large-scale auction, BCCI chose to complete it in a single day. This auction will now feature the players that weren’t signed by any teams or kept by their previous franchises. Because it is a mini-auction, the teams have a much smaller budget than in seasons past. India will host the 2023 IPL (as per reports).
The Indian Premier League (IPL) 2023 auction will take place on Tuesday, and the Royal Challengers Bangalore (RCB) has already announced its list of retainers. Faf du Plessis will captain the three-time IPL runner-up team, and the team has released five players while keeping its core together in preparation for the IPL 2023 mini-auction.
The team released Sherfane Rutherford, Aneeshwar Gautam, Chama Milind, Luvnith Sisodia, and others who weren’t in the starting XI last year and traded Jason Behrendorff to the Mumbai Indians. The team has retained Rajat Patidar ahead of the auction after he had a standout season as Sisodia’s replacement.
The Right to Match (RTM) option will not be available in the IPL auction of 2023. Each team may select a squad of no more than 25 players. The team can only select a maximum of 8 foreign players from among these. 75% of each franchise’s total salary cap must be used. Beyond the salary cap, there can be no purchases made. In the IPL auction 2023, each team is subject to a total salary cap of Rs. 95 crores. 5 crores more than the previous auction, to be exact.
Following its retentions, RCB now has INR 8.75 crore in its bank account. Following the release of Behrendroff and Rutherford, it can also fill up to two overseas slots.
