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IPL 2023 Auction: Remaining purses for each team

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Last Updated on 1 year by Charbel Coorey

Cricket News: IPL 2023 Auction: Remaining purses for each team | What is the remaining purse for each team in IPL 2023?


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All of the 10 franchises of the Indian Premier League (IPL) revealed their list of retentions and releases on 15 November. Quite a few sides ended up freeing some important players in order to bolster their purses ahead of the auction next month.

This time around, the auction will be a mini-affair of sorts as the major one had already occurred earlier this year. The much-anticipated event will take place at Kochi on 23 December. As the action builds up towards the same, let us take a look at the remaining purse for each side before they go into the auction to remodel their squads for the 16th season of the IPL.

Gujarat Titans

Cricket News: IPL 2023 Auction: Remaining purses for each team | What is the remaining purse for each team in IPL 2023?
IPL 2023 purses remaining: Gujarat Titans will be out to defend their title

Purse Left: Rs 19.25 crores

Players Released: Rahmanullah Gurbaz, Lockie Ferguson, Dominic Drakes, Gurkeerat Singh, Jason Roy, Varun Aaron

The defending champions traded Lockie Ferguson and Rahmanullah Gurbaz to Kolkata Knight Riders (KKR). They also released some fringe Indian stars in order to make some space for certain new acquisitions that can help them pose a firm challenge for the trophy yet again.

The Titans might need a new pacer along with some fresh openers to replace the existing gaping holes in their roster. They could also look to onboard multiple new domestic faces along with an overseas all-rounder to replace Dominic Drakes. Overall, they have a substantial purse left lying with them.

Rajasthan Royals

Cricket News: IPL 2023 Auction: Remaining purses for each team | What is the remaining purse for each team in IPL 2023?
IPL 2023 purses remaining: Can Rajasthan Royals go one better than 2022?

Purse Left: Rs 13.2 crores

Players Released: Anunay Singh, Corbin Bosch, Daryl Mitchell, James Neesham, Karun Nair, Nathan Coulter-Nile, Rassie van der Dussen, Shubham Garhwal, Tejas Baroka

Rajasthan Royals didn’t make any significant alterations to their squad but still released a set of foreign internationals that anyways didn’t feature much for them in the playing XI. However, they can only spend up till Rs 13.2 in the auction and that certainly limits their ability to go big at the table. Some smart utility picks to replace the likes of Daryl Mitchell and James Neesham might be the right way forward for previous year’s runners-up.

Lucknow Super Giants

Purse Left: Rs 23.25 crore

Players Released: Jason Holder, Evin Lewis, Andrew Tye, Ankit Rajpoot, Dushmantha Chameera, Manish Pandey, Shahbaz Nadeem

Lucknow Super Giants (LSG) have released quite a few important international players in Jason Holder, Evin Lewis, Dushmantha Chameera. The trio had played extensively for LSG last year but the think-tank seems to be in the mood to reinvigorate the setup this time around.

They have the capacity to spend Rs 23.25 crore in the auction and quite a few notable purchases could be made if they play well with this amount. One can expect the franchise to make at least one big acquisition amongst the many top stars available in the pool.

Royal Challengers Bangalore

Purse Left: Rs 8.75 crore

Players Released: Jason Behrendorff, Aneeshwar Gautam, Chama Milind, Luvnith Sisodia, Sherfane Rutherford

The Royal Challengers Bangalore (RCB) are aongst the few franchises who don’t seem too keen to make any changes to the setup next year. They traded Jason Behrendoff to Mumbai Indians (MI) but none of their releases played any significant run in their run to the playoffs last year. It looks unlikely that RCB will go for any big names in the auction though.

Delhi Capitals

Purse Left: Rs 19.45 crore

Players Released: Shardul Thakur, Tim Seifert, Ashwin Hebbar, Srikar Bharat, Mandeep Singh

The Delhi Capitals (DC) managed to remarkably strengthen their spending capacity by letting go of the Rs 10.75 crore worth Shardul Thakur. They do not have many areas to address in the squad and hence one can see them pursuing one amongst the likes of Ben Stokes, Cameron Green or Sam Curran very actively. They need to get some better bowlers onboard but whether there are any quality options for the same left in the auction pool remains to be seen.

Punjab Kings

Purse Left: Rs 32.2 crore

Players Released: Mayank Agarwal, Odean Smith, Vaibhav Arora, Benny Howell, Ishan Porel, Ansh Patel, Prerak Mankad, Sandeep Sharma, Writtick Chatterjee

The Punjab Kings (PBKS) made heads turn by releasing their skipper Mayank Agarwal and Odean Smith, who was a big buy for them last year. However, it is pretty clear that they are set for another mini-rebuild of sorts under the new management and captaincy of Shikhar Dhawan.

They will undoubtedly be one of the more active teams in the auction table next month. It will not be surprising to see some of the major players land in Punjab following the same.

Kolkata Knight Riders

Purse Left: Rs 7.05 crore

Players Released: Pat Cummins, Sam Billings, Shivam Mavi, Chamika Karunaratne, Aaron Finch, Alex Hales, Abhijeet Tomar, Ajinkya Rahane, Ashok Sharma, Baba Indrajith, Pratham Singh, Ramesh Kumar, Rasikh Salam, Sheldon Jackson, Mohammad Nabi, Aman Khan

The Kolkata Knight Riders (KKR) released a host of players but they will go into the auction with the least purse amongst all the teams. The trade deal that brought Shardul Thakur to them has eaten into a lot of their spending capacity.

It is a bit worrying for KKR as there were plenty of lacunae in their squad last year. It will be interesting to observe if they manage to fill all those gaps with the limited purse that they have at their disposal now.

Sunrisers Hyderabad

Purse Left: Rs 42.25 crore

Players Released: Kane Williamson, Nicholas Pooran, J Suchith, Priyam Garg, R Samarth, Romario Shepherd, Saurabh Dubey, Sean Abbott, Shashank Singh, Shreyas Gopal, Sushant Mishra, Vishnu Vinod

The Sunrisers Hyderabad (SRH) are certainly looking at a fresh start as they released their captain Kane Williamson along with Nicholas Pooran and Romario Shepherd who were some of their biggest buys from the last auction.

It is needless to say that the franchise will pursue most of the big names in the auction intensely. They can even look to get more than one of the big stars in their squad; such is the purse that they have available with them now. Currently, SRH have the ability to outspend any franchise that goes against them. It is, however, that they play smart with this amount and not engage in any frivolous splurging.

Chennai Super Kings

Purse Left: Rs 20.5 crore

Players Released: Dwayne Bravo, Robin Uthappa, Adam Milne, C Hari Nishaanth, Chris Jordan, Bhagath Varma, KM Asif, N Jagadeesan

The Chennai Super Kings (CSK) have taken into cognizance to shake up their setup after a dismal performance last year. They have released long-time veteran Dwayne Bravo along with overseas pacers like Adam Milne and Chris Jordan. Robin Uthappa’s retirement has given them the capacity to spend an additional Rs 2 crore as well.

CSK will be eyeing to get back Sam Curran in their squad, a player who has performed incredibly well for them in the past. Curran will also be an ideal long-term replacement for Bravo. But the likes of SRH and PBKS can arguably outbid CSK for him with ease.

Mumbai Indians

Purse Left: Rs 20.55 crore

Players Released: Kieron Pollard, Tymal Mills, Anmolpreet Singh, Aryan Juyal, Basil Thampi, Daniel Sams, Fabian Allen, Jaydev Unadkat, Mayank Markande, Murugan Ashwin, Rahul Buddhi, Riley Meredith, Sanjay Yadav

Like CSK, even Mumbai Indians (MI) are embarking into a new era after legend Kieron Pollard’s retirement. MI also let go off some of the arguably under-performing domestic players from the last year. They will have a purse almost equivalent to that of the CSK in the auction.

MI actually have a pretty good squad altogether. It is all about acquiring some players who do some value addition to the current group and then getting all of them gelling well and performing to their optimum potential for a consistent period of time.

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Tarkesh Jha
Tarkesh Jhahttps://twitter.com/jha_tarkesh
Tarkesh is a passionate cricket fan from India. He specialises in reporting on news from around the cricketing world as well as putting together opinion pieces. You can connect with Tarkesh on Twitter (X) at: https://twitter.com/jha_tarkesh

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