February 23, 2018

Main » IPL GC hikes player salary cap for franchises to Rs 80 crore

IPL GC hikes player salary cap for franchises to Rs 80 crore

07 December 2017

Even there is a catch - CSK and RR can retain only those players who had represented them two years ago. CSK will have to primarily choose between R. Ashwin, Ravindra Jadeja and Suresh Raina or a foreign player such as Dwayne Bravo in whom the Chennai team continues to have faith.

It also meant CSK's talismanic captain M.S. Dhoni would return to the side after his two-year stint with Rising Pune Super Giant. Recently, the IPL Governing Council announced the various rules regarding the player retention policies for the upcoming auctions.

Effectively, the governing council enabled Chennai Super Kings (CSK) and Rajasthan Royals - the franchises that will be back from 2018 after serving a two-year suspension - to retain players who were in their squads in IPL 2015.

If there is no retention before the player auction then franchises can choose three players through RTM.

However, the five players combinations have been limited to a maximum of three capped Indian players and a maximum of two each of overseas and uncapped players.

Editorial team of CricketCountry. The guideline is if a franchise retains three players it will have Rs 15 crore, Rs 11 crore and Rs 7 crore respectively deducted from its player purse of Rs 80 crores.

Chennai Super Kings and Rajasthan Royals were banned for two seasons from the Indian Premier League after some of their team owners were charged for corruption by the Supreme Court.

The IPL Governing Council (GC) took the decisions at a meeting in New Delhi on Wednesday. CSK and RR have the allowance to retain players from among those who played for them in the 2015 season and it is nearly certain that Dhoni will be back in CSK colours in the next season. "In a way, we have found a middle path (with the possibility of buying back five players through retentions and RTMs)", IPL chairman Rajeev Shukla said after the meeting.

If the franchises retain any uncapped player, they will be deducted just 3 Crores INR per player from their auction purse instead of the above-mentioned price.

The Board of Control for Cricket in India (BCCI) had asked franchises as to how many players they would like to retain.

IPL GC hikes player salary cap for franchises to Rs 80 crore