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IPL Team Auction 2023

One of the most anticipated cricket events in recent years is the ipl new team auction for 2023. We are on one of the biggest days ever with the ipl team auction as 10 IPL franchises compete to fill their respective open spots and complete their squads with the money left over after their retentions and released picks.

Franchises will make a variety of bids during the new ipl team auction to get their preferred picks for the upcoming tournament. While keeping a core of players that make up the first playing XI’s greatest strength was the retention and release procedure’s main goal, ipl teams after auction will be able to build a successful base around those picks. 

In this article, we will focus on the specifics of the ipl auction team list up for grabs and make predictions about the players that each club may pursue and the potential winners as the strongest team. This will be a very amusing procedure with only ten franchises and a small budget.

The Format of the IPL Team Auction

The ipl team auction is now the most eagerly awaited cricket event, especially for fans of the world’s best T20 competition. They remained glued to their television sets and streaming gadgets to watch the bidding war amongst IPL franchises as they compete with one another to sign their favourite players during the auction process. The BCCI and IPL governing council frequently notify the franchises of the auction date well in advance and choose a specific site due to the importance of this procedure and to ensure a smooth occasion.

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The IPL auction format and the process for selecting the top players from the player auction list are both very simple to comprehend. The phrase “ipl auction remaining players list” is more accurate because it covers cricketers who have not been pre-signed or retained by their respective IPL franchises. These players are released back to form a pool, for which all IPL franchises are allowed to bid their desired sum in line with their available purse, and the highest bid made for that particular cricketer wins the bid and gets its player.

The procedures for purchasing players from the IPL Auction Players List are likewise quite simple to understand. Teams may fill a minimum of 18 and a maximum of 25 players in each team, with a maximum of eight overseas players. While the IPL places more of an emphasis on Local talent and providing support for homegrown cricketers, four of them serve as the foundation of the foreign component in a playing Eleven. Although at least two of the non-international picks in a playing XI must not be internationals, there is also a strong emphasis on local domestic players.

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Teams now have a budget of INR 90 crores to spend on cricketers from the ipl auction list, which is decreased based on how many players are retained. Although this situation rarely occurs, at least 75% of this money must be used to pay players. Franchises may devote up to 30 to 40 per cent of their money to the most expensive. 

The Retained Players

Today ipl auction all players list had been arrived at following the retention and release process that the franchises underwent before the auction. Franchises got the chance to retain a hefty proportion of their squads since it is the second year of the ongoing three-year cycle, and the IPL 2023 will be a mini-auction with limited spots to be filled at the bidding room. Enlisted below, next to the team names, is a set of retained players by the franchises. We will discuss these retentions and analyse the logic behind those calls later on in this part of the article. 

Defending champions Gujarat Titans (GT) approach the ipl team auction for 2023 with a clear strategy of trying to find adequate backups to what is their tried and tested squad. They retained a major core of their players led by skipper Hardik Pandya and really, what else does one expect of a side that rallied along throughout the competition to ultimately lift the trophy? They have a remaining purse of INR 19.25 crores and three overseas players still to be acquired. 

The Mumbai Indians (MI) responded to their disastrous campaign back in IPL 2022. Not being able to make it through the league stage for two consecutive seasons, MI dropped 13 players from their squad compiled at the ipl 2022 new team auction, including their premier allrounder Kieron Pollard. They will be one of the most active sides at the forthcoming auction as they look to rebuild a core around skipper Rohit Sharma, Ishan Kishan, Suryakumar Yadav and Jasprit Bumrah. 

Next up are the Chennai Super Kings (CSK), who, too, endured an insipid campaign last year. The ipl auction csk team has scope for two more overseas acquirements and a number of Indian picks, for which they have a remaining purse of INR 20.45 crores. They have still retained a very strong core of their squad compiled through the ipl auction 2022 team list, led by the legendary MS Dhoni, premier allrounder Ravindra Jadeja, and young Indian opener Ruturaj Gaikwad, among others. It’s a team that believes in keeping their best players with them, and it reflects in their retention strategy. 

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The Sunrisers Hyderabad (SRH) have let go as many as twelve players from their squad picked at the ipl 2022 auction process. The srh auction team have a whopping sum of INR 42.25 crores remaining with them and still half of their overseas slots to be filled. It’s now a young squad which has scope for various punts at the auction round table. SRH must not miss this opportunity to revive their squad afresh and make a push to bag their second IPL title. 

Punjab Kings (PBKS) have once again hit the transition button. Letting go of their skipper and valiant Indian batter Mayank Agarwal after just one season was the biggest shocker. They have appointed an ageing Shikhar Dhawan as their new captain and will try to rebuild a core around him for the season ahead. To achieve this, they have a remaining purse of INR 32.2 crores and three overseas slots remaining. 

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Kolkata Knight Riders (KKR) had to make a number of releases, including a few enforced ones after some of their key players declared unavailability due to a busy international calendar. They have acquired some players from the trade window, namely Shardul Thakur, Rahmanullah Gurbaz, Lockie Ferguson, to bolster their existing squad led by Shreyas Iyer. They have a budget of INR 7.05 crores left and three overseas slots still to be filled. They walk a thin rope since they have limited scope to enter any intensive bidding tussle with another franchise considering the budget constraints. 

KL Rahul led Lucknow Super Giants (LSG) surprised quite a few with the omissions of Manish Pandey, Jason Holder and Dushmanta Chameera from their squad. They also released Andrew Tye, Ankit Rajpoot, Shahbaz Ahmed, and Evin Lewis to be left with four overseas slots to be filled and a budget of INR 23.35 crores. LSG have retained a healthy core of their squad from last season with a nice flux of experience and talented youth. What they might look for at the ipl 2023 team auction are the backup all-rounders to strengthen their playing combination. 

Royal Challengers Bangalore (RCB) let go of five players and made no real activity of sorts at the trade window. They have kept with them a heft portion of their squad in the ipl auction rcb team retention list. It’s a team full of experience and decent quality, especially in their improved bowling arsenal. But what will hope for is an improved set of performances from their top order to ease the burden on their lower middle order. They have a budget of 8.75 crores and two overseas slots still to be filled. 

Rajasthan Royals (RR) are an interesting lot. They have released five overseas names out of the nine not retained before the ipl team auction. They have their batting and bowling units more or less sorted with the presence of skipper Sanju Samson, Jos Buttler, Trent Boult, R Ashwin, and Yuzvendra Chahal. Backups in the bowling unit would help, but what the team really need is a set of all-round options to balance themselves out while hoping that their existing batting choices around Buttler and Samson can be a little more consistent. They have a remaining budget of 13.2 crores and four vacant overseas slots. 

A team that continues to invest in the players’ future potential is the Delhi Capitals (DC). They have a nice balance of experience and youth, a batting unit bolstered by the presence of Rishabh Pant, David Warner, Mitchell Marsh and Rovman Powell. Their bowling unit is led by a pace pack of Lungi Ngidi, Anrich Nortje, Mustafizur Rahman and Khaleel Ahmed, while Kuldeep Yadav plays the lead spinner. They may be best advised to keep a few backup wicketkeeping and all-rounders options on board at the auction coming up, given the remaining budget of INR INR 19.45 crores. They have two overseas slots vacant. 

The New Teams

Two new teams that have recently entered the IPL roster are Gujarat Titans (GT) and Lucknow Super Giants (LSG). After 12 years, when the BCCI previously opened doors for Kochi Tuskers Kerala and Pune Warriors, which are now defunct franchises, their entry into the league has restored the tournament’s expansion to a 10-team competition.

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The British equity and investment advisory business CVC Capital, which made the winning bid of INR 5,625 crores at the stage of team auction prior to IPL 2022, is the owner of the Gujarat Titans. The RP Sanjiv Goenka Group, which had previously owned the defunct Rising Pune Super Giants in IPL 2016 and 2017, has acquired the Lucknow Super Giants. The Lucknow was bought by the Goenka group wants considerably more money—7,090 crores of Indian rupees.

In IPL 2023, these teams will play their home games at the new grounds in Ahmedabad and Lucknow, where they have their home bases. They were not afforded this luxury the previous year when the IPL was restricted to a bio-bubble in Maharashtra because of the Covid-19 threat. Nonetheless, they both performed better than anticipated and advanced to the playoffs, with the Titans going on to win the championship.

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Much of the success of their campaigns was due to BCCI’s well-considered choice to implement pre-auction signings for these franchises. According to the plan, only one overseas selection was permitted, and both GT and LSG could make up to three pre-auction signings.

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Hardik Pandya, Titans’ captain and top all-around player, signed alongside Shubman Gill, a promising young opener, and Rashid Khan, the premier spinner from Afghanistan. By acquiring KL Rahul, the Super Giants also chose their captain ahead of time. Before the auction, Marcus Stoinis, an all-rounder from Australia, and Ravi Bishnoi, a young wrist spinner, joined Rahul.

These franchises were able to establish a strong foundation for their on-field performances thanks to the presence of these players in crucial positions and the influx of great picks at the ipl team auction. Ultimately, they were able to achieve excellence. When LSG and GT return to the pitch during the IPL in 2023, a lot will be expected of them. Their greatest difficulty will be to adapt to a range of circumstances and avoid the second-season blues that frequently set in.

The Team Auction Strategies

Current champions Gujarat Titans (GT) have a specific plan for the IPL team auction for 2023: they want to find suitable replacements for their roster, which has proven itself throughout the last season. What else would one expect from a team that persevered throughout the campaign to ultimately win the trophy other than keeping a significant portion of their starting lineup, led by captain Hardik Pandya? 

Three foreign players still need to be acquired, and they have INR 19.25 crores left in their budget. For these slots, they may eye a consistent opener to partner with one of their top scorers Shubman Gill and bolster a spot that fetched them inconsistent output throughout IPL 2022. Mayank Agarwal, Harry Brook or Kane Williamson could be interesting punts for them. 

As would be Lockie Ferguson, Joshua Little, Fazhal Farooqui in the fast-bowling department. 

In response to their catastrophic IPL 2022 campaign, the Mumbai Indians (MI) improved. Due to their inability to go past the league stage for two straight seasons, MI released 13 players from their roster assembled at the ipl 2022 new team auction, including their star all-arounder Kieron Pollard. As they try to rebuild a core around captain Rohit Sharma, Ishan Kishan, Suryakumar Yadav, and Jasprit Bumrah, they will be among the more aggressive teams at the upcoming auction. This aggression could be channelised towards big-name allrounders such as Cameron Green, Sam Curran and Ben Stokes. Even the inclusion of one of those would resolve a lot of issues for MI. They would also look for backup pacers and spinners. 

The Chennai Super Kings (CSK), who also had a lacklustre season last year, are up next. With a leftover budget of INR 20.45 crores, the ipl auction csk team has room for two more foreign purchases and a number of Indian picks. They still have a very strong core of their team from the IPL auction 2022 team list, including youthful Indian opener Ruturaj Gaikwad, top all-rounder Ravindra Jadeja, and legendary MS Dhoni. The team’s retention plan displays their commitment to retaining their top players on board. CSK might still look at the big-name all-rounders talked about above to keep in line with their idea of having multiple bowling options up their sleeves. They could look at bringing back Curran, for example, while also maybe considering going after some of the overseas pacers Kyle Jamieson, Little, Farooqui, and Sisanda Magala, among others. 

Twelve players from the roster chosen by the Sunrisers Hyderabad (SRH) during the ipl 2022 auction procedure have been released. The srh ipl auction team still has a massive amount of INR 42.25 crores available to them, and half of their international seats need to be filled. Being a youthful team, it has the potential for a variety of wagers at the auction round table. The chance for SRH to rebuild their team and strive for their second IPL championship must not be missed. They are expected to dig deep into various sets and consider bringing in a variety of Indian and overseas batting options: Ajinkya Rahane, Heinrich Klaasen, Mayank Agarwal, Nicholas Pooran (at a more budgeted prize), Harry Brook, and Will Jacks. 

Punjab Kings (PBKS) have pressed the changeover button once more. The biggest shock was firing their captain, the brave Indian hitter Mayank Agarwal, after just one season. They will attempt to rebuild a core around an ageing Shikhar Dhawan as their new captain for the next season. They still have three international seats available, together with a remaining budget of INR 32.2 crores, to accomplish this. They might just go all out in the purchase of at least one, if not two, of the all-rounders available in the marquee set, considering that is what they need to balance up their whole team. Players like Stokes, Green, Curran, Sikandar Raza, and Shakib Al Hasan may resolve a lot of their issues. 

The Kolkata Knight Riders (KKR) were obliged to make a number of releases, including some that were unavoidable because of the international commitments of some of their important players. To improve their current team, which is coached by Shreyas Iyer, they have added players through the trade window, including Shardul Thakur, Rahmanullah Gurbaz, and Lockie Ferguson. There are still three open international spots and 7.05 crores of remaining funding. They are on a very thin line because of their limited ability to engage in a competitive bidding war with another franchise due to financial limitations. KKR really have no choice but to keep their focus mainly on budget picks such as Rahane, Little, Farooqui, and David Wiese to fine-tune their arsenal.

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Five overseas players were let go by Royal Challengers Bangalore (RCB). However, there was little to no activity at the trade window. At the ipl auction rcb team retention list, they kept a big percentage of their team. The club has a lot of talent and experience, particularly in their upgraded bowling lineup. Nonetheless, they will be hoping for greater top-order performances to lighten the load on their lower middle-order. They still need to fill two abroad jobs and have an 8.75 crore budget. RCB have to find means to resolve their No.7 issue: they need a better, more consistent batter at that spot without compromising on the bowling front. The likes of Jacks, Michael Bracewell, Shakib could go on their radar at the auction. 

Manish Pandey, Jason Holder, and Dushmanta Chameera’s absences from the KL Rahul-led Lucknow Super Giants (LSG) roster startled quite a few people. In addition, they released Shahbaz Ahmed, Andrew Tye, Ankit Rajpoot, and Evin Lewis, leaving four open spots for overseas players and a budget of INR 23.35 crores. LSG has kept a strong core of their team from last year, along with a wonderful mix of experienced veterans and talented young players. They might search for backup all-rounders at the ipl 2023 team auction to improve their playing lineup. They may not tinker much with their starting XI, so looking at options such as Odean Smith, Jacks, Raza could be the way forward for them. 

The Delhi Capitals (DC) are a franchise that keeps making investments in the players’ potential in the future. Their batting squad is strengthened by the presence of Rishabh Pant, David Warner, Mitchell Marsh, and Rovman Powell. They have a wonderful combination of youth and experience. Lungi Ngidi, Anrich Nortje, Mustafizur Rahman, and Khaleel Ahmed make up their bowling unit’s pace pack, with Kuldeep Yadav serving as the unit’s primary spinner. Given the remaining budget of INR 19.45 crores, it may be best for them to have a few backup wicketkeeping and all-rounder alternatives on hand for the upcoming auction. They have two overseas slots vacant and quite a few Indian spots also reserved. But unlike other teams who will be inclined towards all-rounders, they would be expected to fill these with bright batting options such as Rilee Rossouw, Phil Salt, Nicholas Pooran, Joe Root, Mayank Agarwal. 

The Rajasthan Royals (RR) are an interesting team. Of the nine names that were not retained prior to the ipl team auction, five of the RR’s released choices are overseas. With the presence of captain Sanju Samson, Jos Buttler, Trent Boult, R Ashwin, and Yuzvendra Chahal, their batting and bowling units are essentially set. Backups in the bowling unit would be beneficial, but the squad really needs a group of all-around players to balance things out while also hoping that their current batting options, centred around Buttler and Samson, can be a little more reliable. They still have 13.2 crores in their budget, and four of their international places are open. The Royals shall invest most of this budget in trying to buy one of the all-rounders discussed here as their issues around No.6-7 still persist. 

The Auction Results (TOR for table)

Player nameBase price (in ₹)Selling Price (in ₹)Team
Kane Williamson2 crore2 croreGujarat Titans
Harry Brook1.5 crore13.25 croreSunrisers Hyderabad
Mayank Agarwal1 crore8.25 croreSunrisers Hyderabad
Ajinkya Rahane50 lakh50 lakhChennai Super Kings
Shaik Rasheed20 lakh20 lakhChennai Super Kings
Manish Pandey1 crore2.4 croreDelhi Capitals
Will Jacks1.5 crore3.2 croreRoyal Challengers Bangalore
Harpreet Bhatia20 lakh40 lakhPunjab Kings
Rilee Rossouw2 crore4.6 croreDelhi Capitals
Anmolpreet Singh20 lakh20 lakhSunrisers Hyderabad
Mandeep Singh50 lakh50 lakhKolkata Knight Riders
Joe Root1 crore1 croreRajasthan Royals
Reece Topley75 lakh1.9 croreRoyal Challengers Bangalore
Jaydev Unadkat50 lakh50 lakhLucknow Super Giants
Jhye Richardson1.5 crore1.5 croreMumbai Indians
Ishant Sharma50 lakh50 lakhDelhi Capitals
Adil Rashid2 crore2 croreSunrisers Hyderabad
Mayank Markande50 lakh50 lakhSunrisers Hyderabad
Vaibhav Arora20 lakh60 lakhKolkata Knight Riders
Yash Thakur20 lakh45 lakhLucknow Super Giants
Shivam Mavi40 lakh6 croreGujarat Titans
Mukesh Kumar20 lakh5.5 croreDelhi Capitals
Himanshu Sharma20 lakh20 lakhRoyal Challengers Bangalore
Kyle Jamieson1 crore1 croreChennai Super Kings
Piyush Chawla50 lakh50 lakhMumbai Indians
Amit Mishra50 lakh50 lakhLucknow Super Giants
Vidwath Kaverappa20 lakh20 lakhPunjab Kings
Rajan Kumar20 lakh70 lakhRoyal Challengers Bangalore
Suyash Sharma20 lakh20 lakhKolkata Knight Riders
Joshua Little50 lakh4.4 croreGujarat Titans
Mohit Sharma50 lakh50 lakhGujarat Titans
Avinash Singh20 lakh60 lakhRoyal Challengers Bangalore
Kulwant Khejroliya20 lakh20 lakhKolkata Knight
Akeal Hosein1 crore1 croreSunrisers Hyderabad
Adam Zampa1.5 crore1.5 croreRajasthan Royals
KM Asif30 lakh30 lakhRajasthan Royals
Murugan Ashwin20 lakh20 lakhRajasthan Royals
Naveen Ul Haq50 lakh50 lakhLucknow Super Giants
Raghav Goyal20 lakh20 lakhMumbai Indians
Sam Curran2 crore18.5 crorePunjab Kings
Odean Smith50 lakh50 lakhGujarat Titans
Sikandar Raza50 lakh50 lakhPunjab Kings
Jason Holder2 crore5.75 croreRajasthan Royals
Cameron Green2 crore17.50 croreMumbai Indians
Ben Stokes2 crore16.25 croreChennai Super Kings
Vivrant Sharma20 lakh2.6 croreSunrisers Hyderabad
Samarth Vyas20 lakh20 lakhSunrisers Hyderabad
Sanvir Singh20 lakh20 lakhSunrisers Hyderabad
Nishant Sindhu20 lakh60 lakhChennai Super Kings
Romario Shepherd50 lakh50 lakhLucknow Super Giants
Daniel Sams75 lakh75 lakhLucknow Super Giants
Manoj Bhandage20 lakh20 lakhRoyal Challengers Bangalore
Mayank Dagar20 lakh1.8 croreSunrisers Hyderabad
Duan Jansen20 lakh20 lakhMumbai Indians
Prerak Mankad20 lakh20 lakhLucknow Super Giants
Shams Mulani20 lakh20 lakhMumbai Indians
Swapnil Singh20 lakh20 lakhLucknow Super Giants
David Wiese1 lakh1 lakhKolkata Knight Riders
Sonu Yadav20 lakh20 lakhRoyal Challengers Bangalore
Ajay Mandal20 lakh20 lakhChennai Super Kings
Mohit Rathee20 lakh20 lakhPunjab Kings
Nehal Wadhera20 lakh20 lakhMumbai Indians
Bhagath Varma20 lakh20 lakhChennai Super Kings
Shivam Singh20 lakh20 lakhPunjab Kings
Akash Vashisht20 lakh20 lakhRajasthan Royals
Yudhvir Charak20 lakh20 lakhLucknow Super Giants
Abdul PA20 lakh20 lakhRajasthan Royals
Shakib Al Hasan1.5 crore1.5 croreKolkata Knight Riders
Nicholas Pooran2 crore16 croreLucknow Super Giants
Heinrich Klaasen1 crore5.25 croreSunrisers Hyderabad
Phil Salt2 crore2 croreDelhi Capitals
Narayan Jagadeesan20 lakh90 lakhKolkata Knight
KS Bharat20 lakh1.2 croreGujarat Titans
Upendra Singh Yadav20 lakh25 lakhSunrisers Hyderabad
Donovan Ferreira20 lakh50 lakhRajasthan Royals
Urvil Patel20 lakh20 lakhGujarat Titans
Vishnu Vinod20 lakh20 lakhMumbai Indians
Nitish Kumar Reddy20 lakh20 lakhSunrisers Hyderabad
Kunal Rathore20 lakh20 lakhRajasthan Royals
Litton Das50 lakh50 lakhKolkata Knight Riders

Conclusion

This article’s main points were to emphasise the significance of the IPL auction players list and to provide background information on why it is crucial for franchises to properly finalise their respective teams. Along the way, we also talked about the IPL auction’s format and the number of retained players. We also discussed the whys and hows around these retained picks and tried to predict the auction strategies for all teams. Ultimately, we enlisted all the players that were auctioned and purchased by the ten IPL franchises. 

FAQs

What is the highest price ever paid for a player in an IPL team auction, and who was the player?

Before joining the bidding war, teams engage in in-depth analysis and a mock auction strategy, duplicating auction scenarios to be best prepared for it. The cricketing ability and financial influence of a player are the two main variables affecting the bidding methods.

What is the difference between a marquee player and a regular player in the IPL team auction, and what impact do marquee players have on the auction prices?

The marquee player usually has two characteristics about him. He is part of a special lot of players, which is determined as per the interest of the franchises who want these players to go through the hammer early. The marquee player also usually has the highest base prize among the players part of the pool.

What is the role of the team owners and coaches in the IPL team auction, and how do they influence the bidding process?

In its infancy, the owners would play a part in dictating IPL auction strategy and choices since they are directly involved in ascertaining its brand value. Over time, however, coaches and scouting teams have been given a greater hand in identifying which players a franchise will go after at the auction purely because they are well-versed in the cricketing side of things.

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