IPL 2023 will take place in Kochi on December 23
Just completing the T20 World Cup this week, IPL franchises are exhilarated to prepare for the next year’s IPL as the retention deadline is announced on November 15. The 10 Indian IPL teams were expected to submit their retention list to the BCCI as the mini-auction is set to take place on December 23 in Kochi.
Each club has received an additional amount of ₹5 crores to help them enhance their teams in the upcoming tournament, bringing the total pursue value for the 2023 mini-auction to ₹95 crores.
The teams are aiming to improve their line-up by trading in players from other teams in the transfer window before the deadline despite the increased amount in their coffers. Punjab Kings, who carried forward ₹3.45 crores from their previous year had the largest purse going into the auctions, a total of 8.45 crores.
Purse Remaining for each IPL team
| Team | Amount |
| SRH | INR 42.25cr |
| PBKS | INR 32.2cr |
| LSG | INR 23.35cr |
| MI | INR 20.55cr |
| CSK | INR 20.45cr |
| DC | INR 19.45cr |
| GT | INR 19.25cr |
| RR | INR 13.2cr |
| RCB | INR 8.75cr |
| KKR | INR 7.05cr |
The teams already submitted the Retention list as the deadline was at 5 pm yesterday. The five-time champions Mumbai Indians released their experienced player Kieron Pollard as a player and now he will join the team as their batting coach. England batsman Sam Billings and Australian ODI skipper Pat Cummins left Kolkata Knight Riders as they were not participating in the IPL 2023.
The two-time IPL winners Kolkata Knight Riders traded the New Zealand speedster Lockie Ferguson and Afghan wicketkeeper-batter Rahmanullah Gurbaz.
Mumbai Indians traded Australian pacer Jason Becehndorff from Royal Challengers Bangalore as the team is suffering from injuries of Jasprit Bumrah and Jofra Archer. They also released Fabian Allen, Mayank Markande, Tymal Mills, and Hrithik Shokin ahead of the Retention Day.
The complete list of retained and released players of 10 teams ahead of the IPL Auction 2023
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