IPL 2023 Retention Live Updates on Players Retained, Released, Where to Watch & Purse Remaining

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As the dust starts settling down after the conclusion of the T20 World Cup, IPL franchises have amped up their preparation for next year’s edition ahead of the retention deadline on November 15. The ten participating franchises have already released several players from their incumbent squad, with the mini-auction taking place next month for the 16th edition of the tournament.

The mini-auction for IPL 2023 is slated to take place in Kochi on the 23rd of December. All ten participating franchises have been asked to send in their final list of the released and retained player by Tuesday, November 15. In a bid to bolster their squads for the next edition of the tournament, each team has been granted an extra sum of Rs 5 crore, elevating the pursue value to Rs 95 crore for the 2023 mini-auction.

Despite the increased sum in their purses, the teams are looking to build their squad by releasing a few players and trading in players from other teams in the transfer window ahead of the Retention Day deadline. Punjab Kings have the biggest purse heading into the auctions, carrying forward Rs 3.45 crore from last year’s remaining purse value to take their total tally to Rs 8.45 crore. 

KKR trade in Lockie Ferguson and Rahmanullah Gurbaz from Gujarat Titans

Two-time IPL winners Kolkata Knight Riders made the most of the transfer window as they roped in the Kiwi Speedster Lockie Ferguson from the Gujarat Titans. The Kolkata-based franchise also made a shrewd signing by capturing Afghanistan wicketkeeper-batter Rahmanullah Gurbaz from the IPL 2022 champions.

Jason Behrendorff finds his way back to Mumbai Indians

Earlier, Mumbai Indians traded in Australian pacer Jason Behrendorff from Royal Challengers Bangalore to bolster their injury-plagued squad. The five-time IPL champions are sweating on the fitness of star pacers Jofra Archer and Jasprit Bumrah ahead of the next season. The Mumbai-based side are also believed to have released Fabian Allen, Tymal Mills, Mayank Markande, and Hrithik Shokin ahead of Retention Day on November 15.

Mayank Agarwal set to be released by Punjab Kings

According to reports, the Punjab Kings are set to release former skipper Mayank Agarwal (Rs 14 cr), Odean Smith (Rs 6 cr), and Shahrukh Khan (Rs 9 cr) ahead of the IPL 2023 mini-auction. Shikhar Dhawan has already been named the skipper for the next season.

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