Friday, 03 February 2023

Retention rules for IPL 2022

Retention rules for IPL 2022

The existing eight IPL teams will be able to retain a maximum of four players, and the two new teams will get three players from the rest of the player pool before the 2022 auction. While there is no confirmation for the auction date, the purse is likely to be Rs 90 crore (US$12 million approx), which is slightly more than the Rs 85 crore that was available in the 2021 auction.

These were among the rules discussed informally this week between the IPL and the franchises.

Teams can apply two different combinations while picking their four players to retain: one overseas and three Indians, or two Indians and two overseas. The three Indians retained by franchises can all be capped, all uncapped, or a mix of both.

Also, unlike the previous big auction ahead of the 2018 season, there will be no right-to-match cards (RTM) at the auction.

As for the three players going to the two new franchises - Lucknow and Ahmedabad - the IPL has specified a combination of two Indian players and one overseas. What remains unclear at present is whether these players will need to be picked strictly from the group of players not retained by the existing franchises or can be from the larger auction pool - which will have new additions - ahead of the 2022 auction.

A player-draft system is likely to be implemented if the two new franchises are allowed to pick only from the group of players not retained by the other eight. The IPL had held a player draft ahead of the 2016 season after two new teams - Rising Pune Supergiants and Gujarat Lions - replaced Chennai Super Kings and Rajasthan Royals for two seasons while serving suspensions in the aftermath of the 2013 spot-fixing case.

Read More: CVC Capital and RPSG Group successful bids for Ahmedabad and Lucknow IPL teams

Regarding retentions, the final choice will remain with the player: does he want to be retained, or does the player want to return to the auction pool. That choice might be guided by wanting a franchise change or believing he can earn a better paycheck at the auction.

While the IPL is yet to announce the details and rules, the deadlines for retaining players are likely to be the end of November. Some of the critical elements that the IPL is still to firm up include the maximum amount spent on each retained player and the percentage of the auction purse each franchise can pay to keep players.

In 2018, when the last big auction took place, teams were given a purse of Rs 80 crore and could spend a maximum of INR 33 crore on retained players. At the time, groups could buy back five players through a combination of retention and two RTM cards at the auction.

If a franchise retained the maximum of three players before the auction, the deductions from the salary cap were: INR 15 crore for the first player, INR 11 crore for the second, and INR 7 crore for the third - unless a player's exiting salary was already higher than the cap, as was the case with Virat Kohli, who was paid INR 17 crore by RCB.

If only two players were retained, the first was repurchased at INR 12.5 crore and the second at INR 8.5 crore. If only one player were keeping, then the franchise would lose INR 12.5 crore from their purse. Back then, the IPL had also stipulated a salary cap of INR 3 crore for an uncapped player retained.

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