IPL 2023 Auction Date:

The IPL 2023 Auction Date is fast approaching. The ten franchises will auction the best cricket talents from around the world. The final day for registration was January 20, with a total of 1,214 players registered to participate. Eighty-nine percent of them are Indian, and the rest are from other countries. The BCCI has confirmed the inclusion of two new teams, and there will be 270 capped players and nine hundred and thirty-three uncapped players. In addition, there are 41 associate participants. Let’s read more about IPL 2023 Auction Date.

IPL 2023 salary cap:

After the 2018 season, the BCCI has informed all franchises about the new IPL 2023 salary cap. It will be Rs 90 crore next season, and each franchise will be required to deduct that amount from its purse based on the number of players retained. Players will be able to sign new contracts and pay off existing ones, but it’s unclear if the new salary cap will have a direct impact on the player’s salaries.

The cap is likely to increase over time, with the total purse set to hit INR 91 crore in the 2023 season. This is a significant increase from the IPL’s purse of Rs20 crore per franchise when the tournament started 14 years ago. The IPL ecosystem has grown far beyond this figure in just 14 years. Franchises will have a chance to pick up some top players, though it’s unlikely the players’ salaries will increase as much as the cap would allow.

Two more franchises are expected to enter the IPL beginning in 2022. The expansion will allow more matches to be played and raise the salary cap. The Board of Control for Cricket in India held an internal meeting recently and decided to proceed with a tender process for a second team. The new franchises could bring in IRs2000 crore each. This will increase the overall salary cap and the value of the games. With this increased revenue, the BCCI is hoping to raise the value of media rights by as much as 25 percent.

IPL 2023 minimum/maximum number of players each team can have in their squad:

The minimum/maximum number of players each IPL team can have in their squad has been revealed, with the addition of three new players for the Gujarat Titans and two more for the Lucknow Supergiants. Besides these, the existing teams will retain 27 players, with the exception of Kolkata Knight Riders who can retain four players. The ten-day league has attracted more than eight million viewers globally, so the minimum/maximum number of players each team can have in their squad will vary based on the location.

The minimum/maximum number of players each IPL team can have in their squad will vary from season to season. Each team can have eight overseas players, but the number will vary from team to team. Australia, with 47 players, topped the list. The West Indies cricketers will be auctioned as well. Other countries with high numbers of overseas players include South Africa with 33 players, Sri Lanka with 23 players, England with 24 players, and Afghanistan with 17 players.

The maximum number of players a franchise team can have in their squad depends on the amount of money available. Each franchise can spend up to INR 90 crore for Rohit Sharma and Jasprit Bumrah. While Chennai Super Kings can only retain two players. The remaining 217 players will get up to eight crores in the auction, and the franchisees can spend up to 45 percent of their purse on these four players.

IPL 2023 silent tie-breaker:

IPL fans, it’s time to start counting down the days until the mega public sale. The silent tie-breaker auction date has never been set. But the silent bid rule may be implemented in the IPL 2023 auction. This rule will come into play if the top bidder doesn’t make the winning bid. In that case, the franchise with the highest bid wins, and the extra amount goes to the BCCI. The owner of the franchise.

The silent tie-breaker auction date will be determined on February 11. The first set will be the marquee set, followed by the full round of capped players. Then, batters, fast bowlers, and all-rounders will go on the auction block. The teams will alternate their players after a few rounds. Associate teams will be made up of seven players. As you can imagine, this will be a tough task for the franchises.

The IPL governing council has requested that 44 cricketers be added to the final auction list. After that, the accelerated bidding will begin. Once a set of 161 players has been completed, the IPL franchises will submit the names of the remaining ten. Despite this, they will likely not buy Archer for the next two seasons. In fact, if Archer is not included in the IPL 2023 silent tie-breaker auction date. They won’t get a replacement for him in the next two seasons.