Four retentions for the existing franchise, three picks for new ones confirmed by BCCI

Four retentions for the existing franchise, three picks for new ones confirmed by BCCI

The BCCI has confirmed that the eight original Indian Premier League (IPL) teams can retain a maximum of four players. In contrast, the two new units will have three players outside the auction.

BCCI said in a mail to the teams on Saturday afternoon.

"The current 8 team will first get the opportunity to retain a max of 4 Players and then the 2 new teams will be able to retain a max of 3 players before the auction,"

The BCCI further confirmed that the salary Cap for the IPL 2022 Season would be Rs. 90 Crores for all the teams adding that

"The window for the 8 current teams to retain the players will be from the 1st November 2021 to 30th November 2021. then 2 new teams will have the period to retain the player starting from 1st December to 25th December 2021."

The BCCI also stated that old franchises could not retain more than three Indians capped and uncapped players while limiting the number of overseas players in a retention list to two. It has clearly been said that a team cannot keep more than two uncapped players.

As for the new teams, two Indians can be picked outside the auction, while several overseas players can only be one. Besides, the new units can choose only one uncapped player before the auction. There will also be no Right to Match (RTM) cards this time around.

Four retentions for the existing franchise three picks for new ones confirmed by BCCI 1Twitter image : @IPL

Read More: Retention rules for IPL 2022

Restrictions on a salary cap

The BCCI has also outlined how much money will be reduced from the salary cap as per retention choices. If a team retains four players, Rs 42 crore will be cut from the player purse, while three retentions will reduce Rs 33 crores while two retentions will result in downsizing Rs 24 crore. If a team retains only one player, it will lose Rs 14 crore from its purse, while each uncapped player retained will cost Rs 4 crore each.

The board has also mentioned each player's salary in case of four retentions - Rs 16 crore for Players 1, Rs 12 crore for Player 2, Rs 8 crore for players three, and Rs 6 crore for Player 4.

In the case of three retentions, the fee for player one will be Rs 15 crore; Player 2 will be Rs 11 crore, and Player 3 will be seven crores. Two retentions will lead to a salary of Rs 14 crore for Player 1 and Rs 10 crore for Player 2. If a team keeps only one player, it will have to pay him Rs 14 crore annually.

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 Cr

The BCCI has also clarified that the player salary agreed upon is higher than the amount detailed above, then the higher of the two shall be deducted from the 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."

Follow Us

Popular Post

Maharashtra SSC Board Result 2022 To Be Announced Tomorrow

Maharashtra SSC Board Result 2022 To Be Announced Tomorrow

Farhan Sayyed Jun 16, 2022 Politics

The MSBSHSE (Maharashtra State Board of Secondary and Higher Secondary Education) will announce the SSC, Class 10 exam result 2022 on Friday, June 17...