in

IPL 2022: BCCI allows four retentions for existing franchises, new teams can pick three players outside the auction

Teams will have a salary cap of 90 crores for the IPL 2022

Smriti Mandhana
Jay Shah ( Image Credit: Twitter)

The Board of Control for Cricket in India (BCCI) have revealed the retention policy for the Indian Premier League (IPL) 2022. As reported earlier, the franchises will be able to retain four players, while the new additions, Lucknow and Ahmedabad will get an opportunity to rope in 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, teams will have a salary cap of 90 crores for the IPL 2022. They’ll have to submit the list of retained players by 30th November after which the two new teams can select the three players they want in their side. The new franchises will have to submit the list before 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.”

Also, the eight franchises can retain a maximum of three Indian or two overseas players, with the maximum number of retentions not exceeding 4. For the new franchises, they can pick two Indians and one overseas player outside the auction. Besides, the new teams can only pick one uncapped player before the auction.

BCCI also revealed that a total of 42 crores will be deducted from the salary cap of the franchise if they opt to retain 4 players. In the case of three retentions, the deduction will be 33 crores, while 24 and 14 crores will be deducted from the funds if the franchise opts to retain two and one player respectively.

The board also revealed the salary of each retained players. The chart for the same 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 player salary is more than the set cap, the amount will be deducted from the remaining purse. “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.”

Martin Guptill

Trent Boult confirms Martin Guptill’s availability against India

Mohammad Shami

Virat Kohli tears into Shami’s trollers, terms them ‘bunch of spineless people’