The most interesting part of the upcoming IPL auction scheduled to take place on 27th and 28th January in Bengaluru is that it will have a maximum number of cricketers to go under the hammer since the inaugural edition. But before the auction day, the retention event is scheduled in which each of the eight IPL teams will have to put forth names of three (maximum) players they want to keep.
Earlier the IPL governing council had announced that every franchise would be able to hold back at least 5 players: maximum of three retentions and minimum of two by the use of the RTM (Right to Match) card.
Salary Caps
The salary cap has also been raised as it’s fixed at INR 80 crore for this year and will increase to INR 82 and 85 crores respectively in 2019 and 2020.
The player retention price guideline for salary cap charged has also been set as INR 33 crore (for 3 players pre-auction), INR 21 crore (for 2 players pre-auction) and INR 12.5 crore (for 1 player retained pre-auction).
Chennai Super Kings (CSK)
One of the most successful IPL team retained captain Mahendra Singh Dhoni (15 cr), Suresh Raina (11 cr) and Ravindra Jadeja (7 cr). They are making a return in the competition after missing the two season with the suspension.
Thirumbi vandhutomnu sollu. 🦁🦁🦁#ReturnOfTheSuperKings #SummerIsComing #WhistlePodu pic.twitter.com/rlCISI9iXQ
— Chennai Super Kings (@ChennaiIPL) January 4, 2018
Rajasthan Royals (RR)
On the other hand, the inaugural champion of the Indian Premier League keeps Australian batting maestro Steve Smith, who led them on few occasions. The franchise retains him for 12 crore Indian National Rupees.
HE'S BACK!
⚡@stevesmith49 ⚡
is retained for the #IPL2018!Are you excited or what?!
HALLA BOL!#HallaBol #RoyalRetention #VivoIPLretention #VivoIPLonStar pic.twitter.com/cj6ykgJl87— Rajasthan Royals (@rajasthanroyals) January 4, 2018
