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IPL franchises will spend Rs 480-640 crore on players next season

06 December 2017, 03:24 | Joan Schultz

IPL franchises allowed five player retentions

ChennaiSuper Kings will have the option to retain former captain MS Dhoni when the IPL is held in 2018. The IPL governing council has allowed teams to retain up to five players. CSK were banned from the IPL for two years due to corruption. MS Dhoni

Meanwhile, on the player retention policy, franchises have been allowed to secure a maximum of five players through a combination of pre-auction retention and Right to Match (RTM) cards. However in the meeting it was discussed that teams could retain not more than than three Indian and two foreign players.

Apart from Dhoni, the two previously suspended franchises have a right to retain their past stars, with Chennai Super Kings having the option of retaining the likes of Suresh Raina, Ravindra Jadeja, Dwayne Bravo and Brendon McCullum, while Rajasthan Royals will have a chance to avail the services of Steve Smith, Ajinkya Rahane and James Faulkner once again.

The 2018 edition of IPL is expected to be even bigger with the return of former champions CSK and RR.

The salary cap for each franchise has been upped from Rs 66 crore, and will increase progressively over the next three years.

The player rules for the Right to Match are maximum number of three Capped Indian players, maximum number of 2 overseas players, maximum number of 2 uncapped Indian players.

The decision was taken during the IPL Governing Council's meeting with the Committee of Administrators (CoA) here.

There has been a lot of brouhaha over which players would these sides retain since they had not been a part of the IPL roster previous year. It was also chose to increase the total purse of each franchise from Rs 66 crore to Rs 80 crore.

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If a team does not wish to retain any player, it will still have the option of three Right to Match.

In October this year, the IPL governing council floated a proposal, stating that CSK and RR can retain players who moved to Rising Pune Supergiant and Gujarat Lions for two years following a draft.

The minimum spend will be 75 per cent of the salary cap for each season.

A decision of squad size was also taken during the meeting.

"The player pool available for Chennai Super Kings and Rajasthan Royals for retention/Right to Match will be the players' who played for them respectively in IPL 2015 and who were part of RPS and Gujarat Lions squads in IPL 2017", he added.

There was also an upwards revision in the base prices of players at the auction. For the capped players, who were earlier bracketed in the Rs 30 lakh and Rs 50 lakh category, the new base price will be Rs 50 lakh and Rs 75 lakh respectively.



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