How much money each team can spend during Indian Premier League auction?
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The IPL franchises announced the final list of their retained and released players ahead of the IPL 2023 auction which will be held on December 23 in Kochi. Each team will be given added INR 5 crore to spend during the bidding war. SRH and Punjab Kings are the only two teams who have in excess of INR 30 crore. However, RCB and KKR are the only two franchises who have less than INR 10 crore with them at this point in time.