Know the IPL 2023 Auction Date and Time

| Posted on May 19, 2023

The Indian Premier League (IPL) is one of the most popular and lucrative T20 cricket leagues; it is comparable to the best sporting leagues in the world each year. IPL winner list has a long history, go through our list of the most dangerous teams in IPL history and which is the worst team in IPL history to see how deep its history goes.

It is an annual event that features 10 teams, each with some of the best cricketers in the world. The auction is a significant part of the tournament, as team owners bid for players to include them in their squads for the next season. 

After a thrilling season last year, the teams are re-energized and ready to form their squads in the upcoming IPL 2023 auction. Many top-class players are already in the news, and most teams have strategized for the auction process. The Right to Match (RTM) card is also available, which teams can take advantage of. 

This article will discuss the IPL 2023 auction date, time, venue, trading window, and much more. So, join us for the ride.

Let’s get started!

Cricket IPL 2023 Auction Date and Time

This year’s IPL auction will be held on December 23, 2022, in Kochi, India. It is the 16th IPL auction, with the last one being held in February of this year. 

A total of 405 players will take part in the auction, which will start at 2:30 PM IST and continue until all the players have been sold. 

Fans will be able to enjoy the auction process live on Star Sports and stream it online through Jio Cinema. 


A total of 405 players will go into the auction this year, and they are divided into two categories: Indian Players, and Overseas Players. 

  • There are a total of 228 Indian players available for the auction.
  • Additionally, a total of 177 Overseas players are available for the auction.

Since it is not a mega auction, there will be a maximum of 87 players that can be bought by the teams. The franchises have already retained a total of 163 players, leaving 87 slots to be filled.

So, let’s see who will provide the best value for the money spent.

Here is the list of some of the best players to watch out for in the IPL auction in 2023. 

  • Sam Curran 
  • Ben Stokes
  • R Ashwin
  • Jason Holder
  • Cameron Green
  • Tilak Verma
  • Harry Brook
  • Mayank Agarwal
  • Nicholas Pooran
  • Kane Williamson
  • Joshua Little

All 10 teams in the IPL will be trying to get one or two players from this list, as they are expected to come at a high price. 

Most teams have enough in their purse to start a bidding war for players like Harry Brook, who have made a significant impact in the past year or so and called king of IPL. The teams will be quite enthusiastic to sign up Harry Brook. So, mark your calendars with the IPL 2023 auction date and witness the action. 

IPL 2023 Auction Rules

The IPL governing committee has set up some rules to be followed by the teams in the upcoming auction. Here, we will briefly examine some new or revised rules you need to know about. 

  • In this auction, there is no restriction on the number of players to be released or retained per franchise; it’s just that they need to take their budget into consideration. 
  • The purse for all IPL franchises has been increased by 5 crore each. So, if a franchise has 3.45 crore left, it will now be able to use 8.45 crore for this auction. If a team doesn’t have any money left in their purse, they will get to use the 5 Crore. 
  • A franchise can have a maximum of 25 players, including 8 overseas players. And every franchisee must build its squad with a minimum of 5 players. 
  • All 10 franchisees will have a Right to Match card, which can be used on the players they release from their teams. 

IPL 2023 Trading Window

As we discussed earlier, the auction date of IPL 2023 is December 23, 2022. The teams have started preparing for the auction, but they have a trading window around mid-December. 

This trading window will allow the franchises to exchange players with each other. There will be some conditions for the trades, and those are left up to the franchises. 

IPL 2023 Bidding Process

When the auction starts, the teams can bid for the players they want. The bidding process will consist of a series of rounds, and the bidding will start at the base price of a player. 

After that, teams will bid against each other until one team is the highest bidder. The team with the highest bid will win the player for their squad. 

What is Right to Match

Right to Match is a card that was introduced in 2018, with this BCCI made the auction a little more interesting. This card allows the franchise to buy back (retain) a player by matching the highest bid placed for him during the auction. 

In the previous auction, RTM was not available for this one; Teams can use this card to retain one player. 

List of Most Expensive Buys in IPL History

Some team owners spent crores of rupees to secure the services of a player for a single season and highest partnership in IPL. Here is the list of the most expensive buys in IPL history till 2022. 

  • Rs. 16.25 Crore – Chris Morris (Rajasthan Royals – 2021)
  • Rs. 16 Crore – Yuvraj Singh (Delhi Daredevils – 2015)
  • Rs. 15.25 crores – Ishan Kishan (Mumbai Indians – 2022)
  • Rs. 15.5 crores – Pat Cummins (Kolkata Knight Riders – 2020)
  • Rs. 15 Crore – Kyle Jamieson (Royal Challengers Bangalore – 2021)
  • Rs. 14.5 Crore – Ben Stokes (Rising Pune Supergiants – 2017)
  • Rs. 14.25 Crore – Glenn Maxwell (Royal Challengers Bangalore – 2021)
  • Rs. 14 Crore – Yuvraj Singh (Royal Challengers Bangalore – 2014)

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Concluding Remarks

IPL brings immense joy, excitement, and a lot of fun to the fans. The IPL auction is an important part of the journey.

It is an event that fans eagerly anticipate, as it plays a significant part in shaping the teams for the upcoming season and is an opportunity for players to play for their favorite team. 

So, the fans need to enjoy and look out for how this event is unfolding as it sets the stage for another thrilling season of IPL cricket. After the event, make sure to keep an eye on the IPL schedule for the matches as then you can plan your routine around all the action. 

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