IPL 2023 Format and New Rules

IPL 2023 Format and New Rules: BCCI re-introduces the IPL 2011 playing format after confirming that IPL 2023 will be played with 10 teams in total. A total of 74 matches will be played including 4 playoff matches.

As of before, the 8 teams will play 60 matches in total where each team will play 14 league matches each, they will face each team twice in the league match.

Playing 14 league matches the teams will play a total of 7 matches in their home ground and others in an away ground (which may be the home ground of the opponent team). After introducing an additional 2 teams in the tournament having the home ground comfort seems to be a bit difficult.

Confirming this a BCCI office-bearer said, “We cannot have home & away matches with 94 games in IPL 2023 as there is no window so we will re-introduce the old format which used in 2011”.

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The IPL 2023 format is not something unfamiliar to the IPL cricket community. The format has been used in 2011 IPL where the tournament is played with a total of 10 teams.

The ten teams are divided into two groups of five.
A random draw was used to determine the groups and who plays whom across the groups once and twice.
In the group stage, each team plays 14 games facing the other four teams in their group two times each (one home and one away game), four teams in the other group once, and the remaining team two times.
IPL Points Table system: The team winning a match will be awarded 2 points. The losing team will not receive any points. In case of a draw or no result, both teams will be awarded 1 point.
A four-game playoff stage following the Page playoff system is held after the group stage. Four games will be played in the playoffs:
- - Qualify 1: between the teams ranked first and second in the group stage.
  - Eliminator: between the teams ranked third and fourth in the group stage.
  - Qualify 2: between the loser of Qualifier 1 and the winner of the Eliminator.
  - Final: between the winners of Qualifiers 1 and 2.

IPL 2023 Retention Rules

A team is set to be allowed to keep up to three Indian(capped/uncapped) and two foreign players with the total number of retentions not exceeding four.
It has clearly said that a team cannot keep more than two uncapped players.
As per the conditions, the team management can either retain three Indian players and one overseas player gold two Indian players and two overseas players.
Two New IPL teams can pick any 2 Indian and 1 foreign player from the Mega auction pool before the start of the auction 2023.
Also, new teams can pick only one uncapped player before the auction.
There will also be no Right to Match (RTM) cards for the IPL 2023 Mega Auction.

IPL 2023 Salary Cap

BCCI also explained the salary cap for the retained players based on the team’s decision of the number of players retention.

If a team retains 4 players, Rs 42 crore will be cut from the player purse.
If a team retains 3 players, Rs 33 crore will be cut from the player purse.
If a team retains 2 players, Rs 24 crore will be cut from the player purse.
If a team retains only one player, it will lose Rs 14 crore from its purse value.
Each uncapped player retained will cost Rs 4 crore each.

If a team retains 4 of its player then the salary cap of the four players will be as follows:

*below mentioned will be the player’s annual salary

Deductions for 4 Players	INR 42 Cr(Total)
Player 1	INR 16 Cr
Player 2	INR 12 Cr
Player 3	INR 8 Cr
Player 4	INR 6 Cr

If a team retains 3 of its player then the salary cap of the three players will be as follows:

3 player deduction	INR 33 Cr(Total)
Player 1	INR 15 Cr
Player 2	INR 11 Cr
Player 3	INR 7 Cr

If a team retains 2 of its player then the salary cap of the two players will be as follows:

2 Players deduction	INR 24 Cr(Total)
Player 1	INR 14 Cr
Player 2	INR 10 Cr

If a team keeps only one player, then the team has to pay a total of INR 14 crores

1 Player deduction

INR 14 Cr

IPL 2023 New Teams

RPSG Group of Sanjiv Goenka and CVC Capital, an international investment firm, have bagged the two new IPL teams in the new IPL teams will be held at Dubai on October 25.

CVC Capital will own the Ahmedabad-based team while PR Sanjiv Goenka Group will own the Lucknow-based IPL team in the IPL 2023 tournament.

Sanjiv Goenka and CVC Capital have won the bidding war among nearly 10 competitors which was hosted by BCCI in Dubai on October 25, 2023. The BCCI gets a whooping 12,690cr (1.7 Billion dollars) from the sale of 2 New IPL Teams.

The RPSG bid was 250% more than BCCI’s base price of INR 2000 Crores. The corresponding figure for CVC Capitals was 160% more than BCCI’s base price for the IPL team.

Team	Owner	Price
Ahmedabad	RPSG Group of Sanjiv Goenka	7090 crore (over 932 million USD)
Lucknow	CVC Capital	5625 crore crore (over 692 million USD)

IPL 2023 Mega Auction Rules

The mega auction is a major boost for franchisees that want to rebuild their squads. With two new teams likely to be added to IPL’s roster from 2023, the mega auction has become even more interesting.

Initially, the mega auction was to be held ahead of IPL 2023 but with franchises suffering losses due to the pandemic and also with not much time gap between IPL 2020 and 2023, the mega auction was postponed by a year.

Ahead of the addition of two extra teams for the IPL 2023, BCCI releases the Auction rules to follow for the IPL 2023 Mega Auction. Following are the IPL 2023 Mega Auction rules:

The window for 8 IPL teams to retain players is from November 1 to November 30 and 2 new IPL teams pick players from December 1 to 25.
A team is set to be allowed to keep up to three Indian and two foreign players with the total number of retentions not exceeding four.
As per the conditions, the team management can either retain three Indian players and one overseas player gold two Indian players and two overseas players.
It has also been conveyed to the existing eight franchises that the two New IPL teams can pick any 3 players from the Mega auction pool before the start of the auction 2023.
There may also be a cap on retaining uncapped players – a team will not be allowed more than two.
It is learned that the player purse will be INR 90 crore, and in the subsequent two years, there will be an incremental hike and the purse will go up to INR 95 crore and INR 100 crore.
If a franchise chooses to retain four players, it will have to spend around 40-45 percent of its purseleaving it INR 36-40 crore less than the franchise that doesn’t opt to retain any player.
It is the unlikely existing teams will be allowed the Right to Match (RTM) cards at the auction.

New Purse Value for IPL 2023 Auction

The franchises would deduct the salaries of these four players before entering the auction. With two new teams, the BCCI will also increase the purse from 85 crores to 90 crores which means an additional 50 crores would be added to the budget of all ten franchises by the BCCI.

In case if a franchise retains three players, Rs 15 cr, Rs 11 cr, and Rs 7 cr would be the salary structure of those players, Rs 12.5 cr and Rs 8.5 cr if two players are retained; and Rs 12.5 cr if only one player is retained.

“Some players may like the idea of not wanting to be retained and will want to head into the auction pool. That’s because there’s an increase in the salary purse and two new teams are being added. So, there’ll be a rush to grab talent. Expect some leading Indian cricketers to forward their names for the auction,” those tracking developments told.

IPL 2023 Format and New Rules – All Exclusive Details