Important Details You Need to Know About the IPL 2023 Auction
IPL 2023 is expected to be played from March to May window.
With the 2023 IPL season scheduled to start on March 20, 2023, cricket fans and online gamers alike are eagerly waiting to bet on cricket matches while cheering their favourite players. The Indian Premier League is an Indian men’s twenty (T20) cricket league contested by ten teams in seven cities and three states. These teams can only acquire players through an auction process.
The IPL 2023 Auction already took place in December 2022. This write-up takes a look at essential details that happen during the IPL auctioning process to give cricket fans an understanding of how clubs bid for their favourite players.
IPL Auction Process
IPL auction is a highly publicized event where team owners can acquire the best cricket players. The prime players are sold at very high prices during the auction process. Whoever offers the highest bid gets the player of their choice.
An auction exercise is a two-day event that follows a systematic process where the battling teams are asked to lodge their confidential bids in a sealed envelope. After the BCCI assesses the bids, the bidder with the highest pay receives the player.
After a successful tournament win, players are paid monetary value corresponding to the last identical bid. The extra earnings go to the IPL central coffers.
The auction date for 2023 occurred on Friday, December 23, as stated earlier. The occurrence began at 2:30 PM IST and was broadcast via Star Sports Network TV. Similarly, the same event was streaming live on the Jio Cinema app.
The auction featured 405 players from 991 registered players. Only 87 chances were available for auction, and partly 30 slots were open to players outside the US. Diverse franchises were expected to select players from the slotted positions. Nineteen players and another player outside India are part of this list with a maximum reserve cost of 2 crores.
The ultimate objective of the auction is to identify which player will be in which group among the ten teams participating in the 2023 IPL cricket tournament. Some of the players with great talent and who can fetch good money include Ben Stokes, Cameroon Green, and Sam Curran.
Other known players with good qualities to entice team owners include Mayank Agarwal and Manish Pandey. Also included in this list are some young Indian stars with emerging skills in the cricket game. It’s important to note that more franchises would want wicketkeepers and all-rounders on their side based on prior achievements.
IPL 2023 Auction Rules
Usually, team owners buy superior players after considering their recent performances. However, the IPL has rules that the players and teams must follow. They include:
- Right to match: The application of this rule gives a team a chance to buy back their player(s). Teams that want to buy players can only do so if the team owner can match the highest bid.
- Team players: A team can only have a maximum of 25 players and a minimum of 18 players. The total number includes a maximum of eight overseas players.
- Trade window of IPL: This rule empowers the teams to exchange players amongst themselves before the final list is sent to the IPL council.
All team participants must follow the rules. Teammates with poor performance records are freed to the auction pool.
IPL 2023 Schedule
The schedule for the next IPL competition has been issued. According to official sources, the tournament will kick start on March 25, 2023, and end on May 28, 2023.
According to the IPL timetable, ten teams will participate in the upcoming game, where 74 matches will be completed by the end of May.
IPL 2023 Venues
The cricket matches will occur in several locations, including Narendra Modi Stadium, Eden Gardens, Wankhede Stadium, Brabourne – CCI, DY Patil Stadium, Maharashtra Cricket, and Association Stadium.
IPL 2023 Teams
Cricket fans eagerly await the big day, and one of the questions deep inside their mind is which teams are participating in the upcoming IPL games. Here are the teams expected to participate in the league:
- Delhi Capitals
- Gujarat Titans
- Kolkata Knight Riders
- Lucknow Super Giants
- Mumbai Indians
- Punjab Kings
- Rajasthan Royals
- Royal Challengers Bangalore
- Sunrisers Hyderabad
Final Word
IPL has been of great benefit to the Indian cricket sector. Players have been able to enhance their financial statuses. On the other hand, businesses have benefited during past auction events and cricket competitions.
Cricket lovers in India and abroad have also been significantly enjoying the game they love. As IPL activities continue, more Indians and the world, in general, are expected to benefit immensely.
