Bengaluru, January 4: The player retention ahead of the Indian Premier League (IPL) auction later this month will take place on Thursday (January 4).
This will also be the first time the process will be televised as it used to be done via exchange of mails in the past editions.
Live on: Star Sports from 7 pm.
MyKhel gives a ringside view of the player retention procedure below.
NEWS: IPL player policies declared for the upcoming seasonhttps://t.co/EhB2Ka9L7B pic.twitter.com/5Q4m0ntwHz
— IndianPremierLeague (@IPL) December 6, 2017
Player Retention Policy
An IPL franchise is eligible to secure up to 5 players by virtue of a combination of Player Retention (Pre Player Auction) and Right to Match (RTM) (During the Player Auction).
A maximum of either 3 retention or 3 RTM at the discretion of the franchises.
If there is no retention before player auction then franchises can have up to 3 RTM
Following will apply irrespective of player retention or RTM
1 Maximum number of 3 Capped Indian players.
2 Maximum number of 2 Overseas players.
3 Maximum number of 2 Uncapped Indian players.
What lies ahead of CSK and RR
The player pool available for CSK and RR for retention/RTM will be the players who played for them respectively in IPL 2015 and who were part of RPS and GL squads in IPL 2017.
Salary Cap
2018: Rs 80 crore
2019: Rs 82 crore
2020: Rs 85 crore
Minimum spend: 75 per cent of the salary cap.
Player Retention Price Guideline
Option 1
3 players retained pre- auction
Salary Cap
Player 1: Rs 15 cr
Player 2: Rs 11 cr
Player 3: Rs 7 cr
Option 2
2 players retained pre-auction
Salary Cap
Player 1: Rs 12.5 cr
Player 2: Rs 8.5 cr
Option 3
1 player retained pre-auction
Salary Cap
Player 1: Rs 12.5 cr
Uncapped players INR 3 crore per player.