IPL 2023 Auction: IPL Mini Auction likely to be held in Istanbul on December 16th: Check Full Details

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IPL 2023 Auction LIVE: The Board of Control for Cricket in India (BCCI) is mulling an overseas auction for the first time…

IPL 2023 Auction LIVE: The Board of Control for Cricket in India (BCCI) is mulling an overseas auction for the first time with Istanbul identified as a potential venue. A final decision is expected to follow in the coming days with Bengaluru also in consideration, though only as a backup. The IPL Auction is likely to be held on December 16 with BCCI and IPL GC in talks with the 10 franchises. Follow IPL 16 LIVE updates on Insidesport.IN

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IPL 2023 Auction: IPL ready for 1st overseas AUCTION, IPL 16 Mini Auction likely to be held in Istanbul: CHECK DETAILS

IPL 16’s mini-auction is all set to be held in Istanbul with the Turkish city being the first choice among authorities as per a Cricbuzz report. With Arun Singh Dhumal named IPL chairman and Viacom 18 coming on board as digital right partner, BCCI has kept the option of Turkey open to all the franchises. A decision on the same is expected by the first week of November.

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BCCI and IPL officials have been in talks with all franchises over the venue with regular host city Bengaluru also in the fray. With IPL and the auction having massive popularity globally, the authorities have always been in favour of moving the event overseas. However, franchises in the past have argued that it would be indeed an expensive proposition.

IPL 2023 Auction: IPL teams to submit list of retained players by November 15 ahead of December mini-auction in Bengaluru - Follow LIVE Updates

On one occasion, a workshop was held in Singapore while London was also close to being a venue for one of the auctions previously. However, an overseas venue is coming up to be a far more reasonable proposition with the IPL central revenue tripling recently along with last year’s gigantic media rights sale.

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IPL 2023 Auction: IPL ready for 1st overseas AUCTION, IPL 16 Mini Auction likely to be held in Istanbul: CHECK DETAILS

The Board of Control for Cricket in India (BCCI) is contemplating holding this year’s Indian Premier League (IPL) auction overseas, most likely in Turkey. A final decision is expected to be taken in the first week of November with regular venue Bengaluru also in consideration. However, the Istanbul option is very much on the IPL table and Cricbuzz has learnt that it is currently the authorities’ first choice.

Istanbul is still not a unanimous choice of all the stakeholders but when it comes to important IPL decisions are always taken by the BCCI.  The report states that the Indian cricket officials have informed the franchises that the final decision will be taken early next month.  IPL 16’s mini-auction and most likely it will be a one-day affair. The BCCI/IPL may also hold a workshop and the whole trip to Turkey could last just three or four days.

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At IPL 2022 Auction, the salary purse was set at Rs 90 Cr. But as per plans, it will be Rs 5 Crore higher at Rs 95 Cr. For IPL 2024, it will be set at Rs 100 Cr. However, depending on the trade-ins, the salary purse may grow or shrink for franchises. As expected, the IPL is expected to start in the last week of March around 22nd or 23rd. However, a final decision is expected during auctions when the IPL governing council meets.

IPL 2023 Auction: IPL ready for 1st overseas AUCTION, IPL 16 Mini Auction likely to be held in Istanbul: CHECK DETAILS

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