MUMBAI: For the 2023 edition of the Indian Premier League (IPL), the BCCI will reportedly conduct the mini-auction in the third week of December in Bengaluru.
Ahead of the auction, the teams have been asked to submit their list of retained players by November 15, PTI reports.
As per the report, the salary cap is likely to be increased from Rs 90 to Rs 95 crore for the next season.
During the mini-auction, however, the franchises can bid for players with the balance amount left after what they spent during the last mega auction and also with the amount they acquire after releasing the players they want to return to the auction pool.
As per PTI, most franchises will keep 15 core players and release the rest for them to enter the auction with at least 10 crore, if not more.
Talking about the purse, Punjab Kings and Chennai Super Kings have Rs 3.45 and Rs 2.95 crore left respectively after the last auction while Lucknow Super Giants had exhausted their kitty.
Among the other teams, Delhi Capitals, Mumbai Indians and Sunrisers Hyderabad have Rs 10 lakh left over while defending champions Gujarat Titans have Rs 15 lakhs in their purse. Kolkata Knight Riders have Rs 45 lakh left while Rajasthan Royals and Royal Challengers Bangalore have Rs 95 lakh and Rs 1.55 crore in their purse respectively.
