IPL 2023: There will be a 5-5 crore increase in the purse of all teams, know when season 16 will be auctioned

The Mini Auction will take place before the Indian Premier League 2023 (IPL 2023). However, the commercial window for this mini-auction has been opened. In fact, the opening of the trade window means that during this time, in addition to releasing the player, teams can connect players with other teams. According to media reports, the date of this mini auction could be decided soon. At the same time, apart from this, the pools of the 10 IPL teams will also increase.

It is said in the media reports that the mini auction can be held on December 16. There will also be an increase in the bag of all equipment for this auction. 5-5 million rupees will be added in the bag of the 10 IPL teams. It is worth noting that currently the maximum purse for IPL equipment is 90 million rupees, but this purse will soon be increased to 95 million rupees. Actually, BCCI had made its plan last year. At the same time, the purse of all teams in the IPL Mega Auction 2022 was 90 million rupees, that is, any team could spend a maximum of 90 million rupees.

It is stated in the media reports that the bag size for IPL 2024 will increase from Rs 95 crores to Rs 100 crores. However, the salary bag for the franchisee can increase or decrease. It will depend on the base of exchange. However, what will be the bag of all the teams in the mini-auction, will be decided at the BCCI Annual General Meeting, ie AGM. Along with this, it will also be decided at this meeting which venue the IPL 2023 matches will be played at.

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