IPL 2023: Mini auction to start at 2:30 PM IST on December 23

The mini-auction of the Indian Premier League (IPL) is scheduled to take place on December 23 in Kochi. The Board of Control for Cricket in India confirmed that the auction will take place at 2:30 pm

IPL has also announced the final list of players, which has been slashed to 405, nearly half from the original list of 991 players. Of the 405 players, 273 players are Indians, while 132 are overseas players that includes 4 players from associate nations. The total number of capped players are 119 whereas 282 are uncapped and 4 from associate nations.

The auction list contains a maximum of 87 slots available with up to 30 being for overseas players. Furthermore, the highest reserve price is kept at 2 crore with as many as 19 overseas players choosing the highest bracket in the mini-auction.

Manish Pandey and Mayank Agarwal are two local players with a base price of 1 crore. The auction pool remaining for the franchises is 206.5 crore with Sunrisers Hyderabad heading to the auction with the largest auction purse of 42.25 crore.

In addition to this, the franchise will be looking to make major changes by acquiring the services of new players. On the other hand, Kolkata Knight Riders have the smallest purse with 7.05 crore remaining into the auction. With a total of 405 cricketers up for sale, franchises will be keeping tabs on numerous players to have them in their squad