As many as 405 players will undergo the hammer at the IPL Auction 2023 scheduled on December 16 in Bengaluru, a close source from the BCCI said on Tuesday. This will be the first mini-auction after the Board of Control for Cricket in India (BCCI) added two new teams last year to reaffirm its status as a 10-team event.

A salary cap of Rs 95 crore has been placed for each franchise in the latest list of their players have utilized a portion of their salary cap because they have retained some players.

A total of 991 players, comprising 277 overseas players and 714 Indian players, have registered for the auction. Sam Curran, Ben Stokes, and Cameron Green are three popular IPL players on the auction list. 

In the new IPL media rights from the 2023-2027 cycle, Viacom18 has acquired digital rights in India. The IPL auction 2023 will be live streaming on either Jio TV or Voot mobile application.