Skip to main content

IPL 2022: Maximum of 4 players can be retained, new teams can pick 3 players before mega auction

IPL 2022: The BCCI, in a letter to the franchises, confirmed that the existing 8 teams will be allowed to retain a maximum of 4 players between November 1 and November 25. The two new teams can pick a maximum of 3 players before the mega auction.

BCCI confirms IPL 2022 retention rules in a letter to franchises (Courtesy of BCCI)

HIGHLIGHTSA maximum of 4 players can be retained by exisiting franchises before mega auctionExisiting teams can retain players between November 1 and 30New teams allowed to pick maximum of 3 players before auction

Indian Premier League teams can retain up to 4 players in the lead up to the mega auction for IPL 2022, the Board of Control for Cricket in India (BCCI) has conveyed in a letter to the franchises. The two new teams who will be part of the next season will be allowed to pick 3 players before the auction.

A source close to the board confirmed the developments to India Today on Saturday. The existing 8 franchises will be allowed to retain their players between November 1 and 30 while the two new teams can pick 3 players from the released list of players or elsewhere from December 1. The deadline for picking the set of 3 players for the new teams is December 25.

The 8 existing teams can’t retain more than 3 Indian players (capped or uncapped) while they can’t retain more than 2 overseas players. Meanwhile, the two new teams can pick a maximum of 2 Indian players after the players are retained by the existing franchises. No more than one uncapped player can be picked by them.

Meanwhile, the maximum purse for all 8 teams has been fixed at Rs 90 crore each.

If a team retains 4 players, then a total of Rs 42 crore will be deducted from their purse with the top player getting Rs 15 crore.

If a team retains 3 players, then Rs 33 crore will be cut from its purse.

For 2 players, Rs 14 crore and Rs 10 crore have to be shelled out while teams retaining only one player have to pay Rs 14 crore to him.

Sanjiv Goenka-helmed RPSG Group came up with a winning bid of a whopping INR 7090 crore and picked Lucknow as its home base. CVC Capital, former owners of Formula One, came up with the second-highest bid of INR 5625 crore and opted for Ahmedabad during Monday’s bidding in Dubai. Notably, RPSG Group also owned the Rising Pune Supergiant franchise between 2016 and 2017.

Click here for our site’s complete coverage of the coronavirus pandemic.

Comments

Post a Comment

Popular posts from this blog

Shahrukh Khan was seen running away from the fans in London, once again hid his face

Shah Rukh Khan will appear in many films back to back, from ‘Pathan’ to ‘Jawan’. There is also the name ‘Dunki’ in these films. Shah Rukh Khan announced his next project ‘Dunky’ in April itself and made his fans and followers happy. The shooting of his upcoming film has already started and Shah Rukh Khan has reached London to shoot a sequence of the film. On Friday 22 July, pictures and videos from the sets of the shoot went viral on social media. A video of Shah Rukh Khan has been doing the rounds on social media, in which the actor can be seen running towards his car trying to get away from the crowd. During this, he was seen wearing a checkered shirt, which he paired with a red jacket and black pants. However, it is not clear whether his look was from his upcoming film or not. Recently shared the look, however, this was not the first time that Shahrukh Khan has been seen hiding his look. Even before this, Shahrukh was seen hiding from t...
Post a Comment
Read more

Neeraj Chopra, Mithali Raj among 11 nominated for Khel Ratna, Shikhar Dhawan recommended for Arjuna award

The national sports awards committee Wednesday released the names of 11 athletes nominated for the Major Dhyanchand Khel Ratna and 35 for the Arjuna award for 2021. Neeraj Chopra scripted history at Tokyo Olympics, winning India’s first-ever track and field gold medal (Reuters Photo) Olympic champion Neeraj Chopra, Indian women’s cricket team captain Mithali Raj and football legend Sunil Chhetri are among the 11 athletes nominated for this year’s Major Dhyanchand Khel Ratna Award while cricketer Shikhar Dhawan is among 35 sportspersons who have been recommended for the Arjuna Award by the national sports awards committee. Last year, five athletes were picked for the award while four were selected after the 2016 Rio Games. The announcement of the national sports awards was delayed in order to consider the performance of the para-athletes in the Tokyo Paralympics (August 24 to September 5). Shooter Avani Lekhara and Manish Narwal, javelin thrower Sumit Antil and shuttlers Pramod Bhag...
Post a Comment
Read more