The countdown to the New Year might have begun for everyone; however, the clock for worldwide IPL fans is ticking in another direction, which is the much awaited Indian Premier League 2018!
Fans have been swarming social media wanting to know more about their favourite teams and players. There is a growing curiosity amongst the cricket community regarding the protocol of the mega-auction, the placement of players in teams and the anticipated comeback of Rajasthan Royals and Chennai Super Kings.
Here’s a sigh of relief for all you fans out there, the IPL Governing Council along with the Committee of Administrators (CoA) have released the long awaited set of guidelines to the IPL franchises regarding the retention player policy, salary cap and player regulations.
So before you gear to cheer for your favourite team and watch them in action again, this is what you need to know:
What does Pre Auction Retention mean?
Retention gives each and every franchise an opportunity to keep certain number of players from the previous squad before the auction takes place. The players retained by each franchise are not included in the auction pool of players.
What is the Right-to-Match card?
The Right-to-Match card gives the franchise a chance to retain players by bidding at the same auction price presented by the rival franchise during the auction.
For example: If Team A choose not to retain Player X, the player will be included in the auction pool. During the auction, if hypothetically, the player is bought for Rs 3 crore by Team B, Team A can exercise the Right to Match, using which they can match the amount of Rs 3 crore and retain Player X in their squad. Team B will not get Player X in the team, in such a scenario, in spite of the highest bid.
Player Retention Policy
- All the eight franchises that will be playing in the upcoming IPL 2018 are allowed to have 5 player retentions.
- The process of retaining players will be carried using the following combination –
- Three retentions (pre player auction) and two Right to Match cards (during the player auction)
- Two Right to Match cards (during the player auction) and three retentions (pre player auction)
- The teams can retain or use a Right to Match (RTM) card for a maximum of 3 players only.
- If a franchise doesn’t retain even a single player before the auction, they are still not eligible for using more than 3 Right to Match Cards.
- The criteria for selection of retained players is as below:
- Maximum of 3 capped Indian players
- Maximum of 2 uncapped Indian players
- Maximum of 2 overseas players
Retention policy for Rajasthan Royals and Chennai Super Kings.
The buzz around which players can be retained by the comeback teams – Rajasthan Royals and Chennai Super Kings can be cleared by the below guidelines.
- Players who played for RR/CSK in the previous teams and later joined RPS/GL respectively will be open for retention.
- Players from RR/CSK who joined franchises other than RPS/GL can be retained)/RTM by RR/CSK or can go back to the auction pool.
Therefore , the list of players that the Rajasthan royals can retain are Ajinkya Rahane, Steven Smith, Ankit Sharma, Rajat Bhatia, James Faulkner and Dhawal Kulkarni.
- Franchise Squad Size
- All the franchises can have a maximum of 25 players in the squad, which include a maximum of 8 overseas players.
- Every team must have a minimum 18 players in the squad.
- Salary Cap
- The salary cap for the current 2018 season will be INR 80 Crores. It will be increased to INR 82 Crores and 85 Crores in 2019 and 2020 respectively.
- The minimum expenditure of the team should be 60 Crores i.e. 75% of the salary cap value.
- Player Retention Price Guidelines
- If a franchise decides to retain 3 players, it will cost the team INR 33 Crores.
|Pre-Auction Retention||Player 1||Player 2||Player 3|
|Salary Cap Charged Rs. Cr||15||11||7|
- If a franchise decides to retain 2 players, it will cost the team INR 21 Crores.
|Pre-Auction Retention||Player 1||Player 2|
|Salary Cap Charged Rs. Cr||12.5||8.5|
- If a franchise decides to retain 1 player, it will cost the team INR 12.5 Crores
|Pre-Auction Retention||Player 1|
|Salary Cap Charged Rs. Cr||12.5|
- If a franchise decides to retain 1 uncapped player, it will cost the team INR 3 Crores
|Pre-Auction Retention||Uncapped Player 1|
|Salary Cap Charged Rs. Cr||3|
- Base Price for Players
- Uncapped players will witness an increase in their price, as they receive a ten lakh boost.
- Whereas, the base price of the higher priced capped players will remain the same at INR 1, 1.5 and 2 Crores.
|Earlier Reserve Price||New Reserve Price|
|INR 10 lakh||INR 20 lakh|
|INR 20 lakh||INR 30 lakh|
|INR 30 lakh||INR 40 lakh|
|Earlier Reserve Price||New Reserve Price|
|INR 30 lakh||INR 50 lakh|
|INR 50 lakh||INR 70 lakh|
|INR 1 Cr||INR 1 Cr|
|INR 1.5 Cr||INR 1.5 Cr|
|INR 2 Cr||INR 2 Cr|