Indian Premier League (IPL) will see the addition of two new franchise in 2022 edition and the addition of two new teams will bring the mega auction which is likely to take place in December.
According to the retention rules formulated by the Indian cricket body, old franchises are allowed to hold on to four players and they have been asked to give the list of retained and released players by 30th November.
Retention rules for the IPL 2022 mega auction:
Before the 2022 IPL mega auction, the eight old teams can retain a maximum of four players. The four players can be either two Indians and two foreign players or three Indian and one overseas. The Indian cricket body has also allowed the teams to retain one, two, three, or four players
The two new franchises - Ahmedabad and Lucknow - have been allowed to pick three players outside the IPL 2022 Mega Auction. The two new teams are allowed to pick two Indian and one overseas player outside the mega auction.
Salary of the retained players
4 players: Rs 42 crores (16cr, 12cr, 8cr, and 6cr)
3 players: Rs 33 crores (15cr, 11cr, and 7cr)
2 players: Rs 22 crores (14cr and 10cr)
1 player: Rs 14 crores (14cr if capped and 4cr if uncapped)
IPL 2022 mega auction purse usage:
the Indian cricket body has boosted the total purse value of the teams from Rs 85 cr--Rs 90 cr.
How the purse will be impacted by player retention:
No Retentions- Rs 90 Cr
One Retention- Rs 76 Cr
Two Retentions- Rs 66 Cr
Three Retentions- Rs 57 Cr
Four Retentions- Rs 48 Cr
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