IPL Auctions: Check out the purse balance, retained players, and available slots for Punjab Kings

Indian Premier League (IPL) released the list for the upcoming auction, which will take place in Kochi on December 23. A total of 405 cricket players will be auctioned off. The 10 franchises initially selected 369 players from the list of 991 players who had signed up for the IPL’s 2023 season. A total of 405 players will be offered at the IPL 2023 Auction after the franchises later requested the addition of 36 players, who were included in the final list.

Out of those 405 players in the list, 273 are Indians, 132 are overseas players while four are from associate nations. Meanwhile, 119 of those 405 players are capped international players while 282 are uncapped.

Dhawan has been named as the new captain of the Punjab Kings for the 2023 IPL season after the team released Mayank Agarwal. Shikhar Dhawan and Jonny Bairstow will be the Punjab Kings’ new opening pair (probable).

Punjab Kings Retained Players – Shikhar Dhawan (c), Shahrukh Khan, Jonny Bairstow, Prabhsimran Singh, Bhanuka Rajapaksa, Jitesh Sharma, Raj Bawa, Rishi Dhawan, Liam Livingstone, Atharva Taide, Arshdeep Singh, Baltej Singh, Nathan Ellis, Kagiso Rabada, Rahul Chahar, Harpreet Brar

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

The Right to Match (RTM) option will not be available in the IPL auction of 2023. Each team may select a squad of no more than 25 players. The team can only select a maximum of 8 foreign players from among these. 75% of each franchise’s total salary cap must be used. Beyond the salary cap, there can be no purchases made. In the IPL auction 2023, each team is subject to a total salary cap of Rs. 95 crores. 5 crores more than the previous auction, to be exact. With Rs 32.2 crore in the side’s purse, the side can be expected to go all out for the remaining three overseas slots.