The 2023 Lanka Premier League (LPL) auction is all set to take place on June 14, as Sri Lanka Cricket (SLC) confirmed that over 500 players have registered for the event. Notably, the fourth edition of the top-tier league is slated to kickstart on July 31, with the summit clash to be played on August 22.
For the uninitiated, the latest edition of the competition will have an IPL-styled auction. It is understood that the five franchises participating in the event will be allowed to spend a maximum of US$ 500,000 each.
Notably, several star players have been signed prior to the auction as the franchises were handed an additional $500,000 to obtain a core setup. The pre-selected players have inked a three-year deal and the franchises have the right to retain and release them at the end of every season based on mutual consent. In addition to this, designated windows will be made available for the franchises to trade in, however, the exact details are yet to be confirmed on the regard.
Complete list of Pre-Selected Players ahead of the LPL 2023 auction:
Colombo Strikers: Babar Azam, Matheesha Pathirana, Naseem Shah, Chamika Karunaratne
Dambulla Aura: Matthew Wade, Kusal Mendis, Lungi Ngidi, Avishka Fernando
Jaffna Kings: David Miller, Thisara Perera, Rahmanullah Gurbaz, Maheesh Theekshana
Kandy Falcons: Mujeeb Ur Rahman, Wanindu Hasaranga, Fakhar Zaman, Angelo Mathews
Galle Gladiators: Shakib Al Hasan, Dasun Shanaka, Tabraiz Shamsi, Bhanuka Rajapaksa
LPL 2023 auction rules and process explained:
Much like the IPL auction, the players participating in the bidding arena will be divided into two groups- capped and uncapped players. Notably, each capped player will be able to register themselves in the auction under base prices from $10,000 to $50,000 in $10,000 increments.
Uncapped players with a minimum of 50 First-Class matches played will be registered with a base price of $20,000. Players with a minimum of 25 First-Class matches or a minimum of 18 matches in the LPL or any other equivalent T20 franchise leagues will be registered under the price of $10,000. Moreover, players who do not meet either of the criteria will be classed with a base price of $5000.
Each franchise will have a squad for 20-24 players, which includes a mandatory six overseas players. Assuming a franchise has not spent from the pre-signing purse, the remaining kitty cannot be carried to the auction. The bidding can begin at any point between two teams; however, if a third team wishes to enter the fray, they will need to wait until one of the first two teams has withdrawn from the process.
LPL 2023 accelerated auction:
After the first 70 names, an ‘accelerated’ auction process will take place wherein teams will be allowed to nominate 15-20 players, including unsold players, who will go under the hammer.
CricTracker Desk
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