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    Tuesday, November 28, 2023

      IPL 2023 : How Much Money does Franchise have Remaining in their Purse before the Retentions Announcement | Details Inside

      The preparations for the 2023 edition of the Indian Premier League (IPL) were in full force with franchises planning and deciding on to release and retain a few players to get ready for another player auction and eventually the tournament.

      As 15th November 2022 is the deadline for all the franchises to be done with the trades and announce their final list of players retaine.

      Most of the teams are likely to release only a handful of players that too to just plug the holes they feel can help them get closer to the trophy than the last season.

      Before the auction, every team has receive a small increment of INR 5 crore each.

      As of every season, Punjab Kings will be going in with the biggest purse.

      After the mega auction earlier 2022, Punjab Kings had INR 3.45 crore left in their purse and Lucknow Super Giants had exhaust all of it in their very first season.

      Remaining Purse of each of the 10 Franchises before the Announcement of Retained Players :
      TeamPurse remaining from last auction (INR)Current purse (before trades and retentions)
      Punjab Kings3.45 croreINR 8.45 crore
      Chennai Super Kings2.95 croreINR 7.95 crore
      Royal Challengers Bangalore1.55 croreINR 6.55 crore
      Rajasthan Royals95 LakhINR 5.95 crore
      Kolkata Knight Riders45 LakhINR 5.45 crore
      Gujarat Titans15 LakhINR 5.15 crore
      Mumbai Indians10 LakhINR 5.10 crore
      Sunrisers Hyderabad10 LakhINR 5.10 crore
      Delhi Capitals10 LakhINR 5.10 crore
      Lucknow Super Giants0INR 5 crore

      Note : The above figures don’t take into account the three trades that have taken place thus far, as the purses of teams involve will be lopsided before the complete list of retaine players is announce by them.

      Like, Mumbai Indians will be lighter by INR 75 Lakh after trading in Jason Behrendorff from RCB while Kolkata Knight Riders will be lighter by an amount in excess of INR 10 crore having traded in Lockie Ferguson and Rahmanullah Gurbaz from the 2022 champions Gujarat Titans.

      But until the full list of players release by the two-time champions is release, the purse can’t be calculate as from the amount they had at their disposal, it would be negative now.

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