IPL 2023 Auction is going to be conducted in the Mid-December of current year. It is set likely to begin with December 16 . According to reports, the franchises recently held informal discussions after learning about the tentative schedule from the BCCI/IPL administration.
This seems obvious that IPL 2023 will be a mini-auction even though the place hasn’t been chosen yet. The league is expected to resume its home-and-away format in the fourth week of March, though exact dates are still up in the air. Because the salary cap has been raised to INR 95 crore, which is INR 5 crore more than it was last year, each team will enter the auction with resources of at least INR 5 crore. The bank account may increase more if a franchise releases or trades its players.
IPL 2023 AUCTION
The teams have been informed that the IPL2023 auctions for the upcoming season will take place in December, according to a report from Cricbuzz. The decision was only made after receiving approval from the 10 franchises. Due to the arrival of two new teams, there had been a mega-auction planned prior to the 2022 season, but that won’t be the case this time.
On September 22, BCCI President Sourav Ganguly announced that the sixteenth IPL season would follow the standard home-away format. This would mean that games would be spread across 10 locations rather than the eight that they had been prior to the COVID-19 pandemic, and only four venues for the league stage in the 2022 season.
On Thursday, Ganguly also indicated that the BCCI had set up some arrangements for the eagerly anticipated Women’s IPL, which is scheduled to begin in January of 2019. If the Women’s IPL is approved, several female cricketers from around the world have expressed a willingness to take part.
Stay tuned with us to get latest update on IPL 2023 Auction.
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