The IPL governing council has allowed franchises to retain a maximum of five of their players at the auction next year.
Earlier today, the IPL Governing Council (GC) announced the retention policies and the revised salary caps ahead of the 2018 IPL auction.
- If a team retains just one player, INR 12.5 crore will be deducted from the purse.
Meanwhile, for the returning franchises Chennai Super Kings and Rajasthan Royals the player pool will be those players, who played for the respective franchise in 2015 edition [before they were suspended for a two-year period] and were part of now terminated Gujarat Lions and Rising Pune Supergiant franchises in the 2017 season.
"That's an obvious one". Because it has the option of getting him back by using the matching card. Last year, the now disbanded franchise had stripped him of captaincy, appointing Steve Smith in charge instead.
John added, "Dhoni adds considerable value to the team".
Under pre-auction retention, a franchise can retain a maximum of three players from their previous squad and those names won't be a part of the IPL auction. "Almost six out of eight teams wanted about six to eight retentions". The player auction is tentatively set for February. However in the meeting it was discussed that teams could retain not more than than three Indian and two foreign players.
1 Maximum number of 3 Capped Indian players. Which ones would you let go? But they now appear OK with the BCCI decisions. The salary cap has also been increased for uncapped players. "Thirteen players are there (from the 2015 squad), so we are fine with it", he quoted. As far as the retentions and RTMs, I think it was expected. I think retention is there for brand continuity and the teams also are associated with the players that identify with them.
Hemant Dua, CEO, GMR Sports, which owns Delhi Daredevils, expressed satisfaction on the IPL Governing Council's decisions.
The minimum spend will be 75 per cent of the salary cap for each season. 3 Maximum number of 2 Uncapped Indian players. In case of two retention, the team will lose Rs 12.5 crore and Rs 8 crore.
In July 2017, The Board of Control for Cricket in India said on Friday that Chennai Super Kings and Rajasthan Royals would be back for 2018 IPL.