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IPL Trophy ( Image Credit: Twitter)
The Board of Control for Cricket in India (BCCI) have revealed that the franchises will be able to retain a maximum of four players ahead of the mega auction for IPL 2022, while the two new franchises, Lucknow and Ahmedabad can retain three players outside the auction.
“The 8 existing team will first get the opportunity to retain a maximum of 4 Players and thereafter the 2 new teams will be able to retain a maximum of 3 players before the auction,” the BCCI said in a mail to the franchises on Saturday afternoon.
Also, the salary cap for the franchises has been set at 90 crores. The eight franchises will need to submit the retention list before 30th November, after which the new franchises can pick three players between 1st December and 25th December. “The window for the 8 existing teams to retain the players will be from the 1st November 2021 to 30th November 2021. Thereafter the 2 new teams will have the window to retain the players starting from 1st December 2021 to 25th December 2021.”
The old franchises can retain a maximum of three Indians and two overseas players, with maximum retention not exceeding 4. The new franchises, on the other hand, can pick two Indian and one overseas player. They will not be able to retain more than one uncapped player.
In terms of four retentions, 42 crores will be deducted from the salary purse, while the deduction for three, two and one retentions will be 33, 24 and 14 crores respectively.
The salary of each retained player is given below.
| Deductions for 4 Players | INR 42 Cr |
|---|---|
| Player 1 | INR 16 Cr |
| Player 2 | INR 12 Cr |
| Player 3 | INR 8 Cr |
| Player 4 | INR 6 Cr |
| Deduction for 3 Players | INR 33 Cr |
|---|---|
| Player 1 | INR 15 Cr |
| Player 2 | INR 11 Cr |
| Player 3 | INR 7 Cr |
| Deductions for 2 Players | INR 24 Cr |
|---|---|
| Player 1 | INR 14 Cr |
| Player 2 | INR 10 Cr |
| Deduction for 1 Player | INR 14 C |
|---|
If the contract between the franchise and the player is more than the salary set by BCCI, the extra amount will be deducted from the remaining purse of the franchise. “The sums set out above are the minimum amount(s) which will be deducted from a Franchisee’s Salary Cap. If the League Fee agreed with a Retained Player set out above exceeds the relevant sum set out above, then an amount equal to that higher League Fee shall be deducted from the relevant Franchisee’s Salary Cap. If the League Fee agreed with a Retained Player is less than the relevant sum set out above, then an amount equal to the relevant sum set out above shall be deducted from the relevant Franchisee’s Salary Cap.”