[4] This was the first Lanka Premier League season to feature an auction as the previous editions used to have the draft to choose players.

[9] On 20 August 2023, B-Love Kandy defeated Dambulla Aura by 5 wickets in the final, to win their maiden LPL title.

These players include Babar Azam, Fakhar Zaman, Shakib Al Hasan and David Miller.

[13][14][15] The auction was held on 14 June 2023, where the five franchises were allowed to spend a maximum of US$500,000 each.

An "accelerated" auction process occurred after the first 70 names were presented for bidding.

[14] Dilshan Madushanka became the auction's most expensive player to be picked when Jaffna Kings bought him for a record price of $92,000.

[20] It was reported that some prominent overseas players including the likes of Rassie van der Dussen were not picked by any of the franchise owners due to the said players being signed up by rival franchise T20 leagues such as Global T20 Canada which are also set to clash with LPL during the same time period.