IPL 2023 Auction Date, Details, 10 IPL Teams, Retention Rules, Trading Window, Purse: All You Need to Know

IPL 2023 Auction Date, Details, 10 IPL Teams, Retention Rules, Trading Window, Purse: All You Need to Know: Right now the cricketing world is getting ready for the ultimate ICC Men’s T20 World Cup 2022 in Australia. Post the showpiece event, the next most exciting event will be season sixteen of the Indian Premier League. While the Board of Control for Cricket in India (BCCI) is planning for the World Cup, the IPL 2023 preparations are also going hand in hand. 

The IPL 2023 will be big just like the last edition of the cash-rich Indian tournament. In the last season of the IPL, we saw two more teams getting included in the existing pool of eight teams. The overall count of the teams became 10 after Gujarat Titans and Lucknow Super Giants were added.

The IPL 2022 became more special as Gujarat Titans, which was playing its maiden season, went on to defeat the perennial champions and won the IPL title. In fact, Lucknow Super Giants, which was also another team that was playing its first IPL season, also did exceedingly well against the seasoned franchises.

In the IPL 2023, the seasoned champions like Mumbai Indians, Chennai Super Kings and Kolkata Knight Riders will once again try to return on top which will make proceedings more interesting for the fans and viewers.

But, before the teams get into cricketing action, the IPL 2023 Auction is lined ahead. With this article, we have brought to you IPL 2023 Auction Date, Details, 10 IPL Teams, Retention Rules, Trading Window, Purse: All You Need to Know.

IPL 2023 Ten Teams & Captains:

IPL 2023 Auction Date:

The Tata IPL 2023 preparations will begin shortly after the completion of the T20 World Cup 2022 in Australia. The BCCI, this season, intends to conduct the mini-auctions sooner as compared to that in previous years. Notably, last year the mega auction was held in February.

As per a few reports, while the IPL 2023 auctions will likely happen in mid-December, the most probable date for the mini-auctions will be 23d December. The exact dates for the IPL 2023 auctions will be notified as we receive the official notification from the Indian Premier League (IPL) governing council. 

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IPL 2023 Trading Window:

Trading of players will be done by teams before the auction so as to improve the balance of their respective squads. The trading can be either done on player-to-player or in an all-cash deal. 

The trading window is usually opened a month prior to the auction date so that teams can mutually negotiate deals and add new firepower to their respective squads. This time around, the most probable auction date is December 23, so we can expect the trading window to close on or before November 15th.

IPL 2023 Retention Rules:

Unlike the IPL 2022 mega auction, all the teams will bank on their existing players and the rules also allow them to do so. All ten teams of the IPL will retain most of their players and give them another opportunity to showcase their prowess.

However, there will be few players who will be released from each franchise. During the auction, new players will be filled in place of the released player by the teams.

IPL 2023 Purse:

During the last auction in the IPL 2022, the total purse value with each IPL team allotted was INR 90 Crores. It is expected that the value will get an increment of INR 5 Crores for the Tata IPL 2023 auction. The IPL 2023 purse value will be INR 95 Crores.

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