Indian Premier League 2023 Auction: As the dust settles after the conclusion of the T20 World Cup, IPL franchises have begun planning for the 2023 edition of the Indian Premier League (IPL).
There has been a lot of chopping and changing as all ten franchises have released a slew of players ahead of the IPL 2023 mini-auction.
Sunrisers Hyderabad, who parted ways with captain Kane Williamson and Nicholas Pooran, will enter the IPL 2023 auction with the largest purse of more than INR 40 crore.
Meanwhile, Punjab Kings have INR 32.20 crore left in their bank account after releasing former captain Mayank Agarwal, who was acquired by Preity Zinta and Ness Wadia’s co-owned franchise for INR 14 crore.
Lucknow Super Giants, on the other hand, will enter the IPL 2023 auction with an INR 23.35 crore purse. To free up their purse, they released Manish Pandey, Evin Lewis, and Jason Holder, among others.
Mumbai Indians and Chennai Super Kings, the two most successful franchises in the Indian Premier League (IPL), have received INR 20.25 crore and 20.45 crore respectively.
Royal Challengers Bangalore, on the other hand, made few changes to their lineup. They still have INR 8.75 crore in their bank account.
Rajasthan Royals, the IPL 2022 runner-up, have INR 13.2 crore in their bank, while the defending champions, Gujarat Titans, have INR 19.25 crore.
IPL 2023 Auction: IPL Teams’ Remaining Purse Balance
Each team will have an additional INR 5 crore to spend at this auction in addition to the money left over from their previous auction purse and the value of the players they have released, bringing the total purse to INR 95 crore.
|TEAM||PURSE BALANCE LEFT (INR)||PLAYER SLOTS LET|