The Indian Premier League (IPL) Governing Council (GC) along with the Committee of Administrators (CoA) met in New Delhi on Wednesday to discuss various issues like Player retention policy, salary cap, player regulations.
The IPL GC decided the following –
(A). Player Retention Policy
An IPL Franchise is eligible to buy back 5 players by virtue of a combination of Player Retention (Pre Player Auction) and Right to Match (RTM) (during the Player Auction).
• Franchises are allowed for either 3 retentions or 3 RTM.
• If a franchise choose against retention before player auction then franchises can have maximum up 3 RTM
Following will apply irrespective of player retention or RTM –
A maximum number of 3 Capped Indian players.
A maximum number of 2 Overseas players.
A maximum number of 2 Uncapped Indian players.
The player pool available for CSK and RR for retention/RTM will be the players’ who played for these franchises respectively in IPL 2015 and who were part of RPS and GL teams in IPL 2016 and 2017.
(B). Salary Cap
2018 – INR 80 Crore
2019 – INR 82 Crore
2020 – INR 85 Crore
The minimum spend will be 75 percent of the salary cap for each season.
(C). Player Retention Price Guideline
(i) Option 1
(ii) Option 2
(iii) Option 3
Uncapped players will get INR 3 crore per player.
The decrease from a salary cap in case of retention will be determined on the basis of guideline price or actual price (whichever is higher).
(D). Minimum Auction Reserve Price
(E). Franchise Squad Size
A maximum of 25 players (up to 8 overseas) and a minimum of 18 players.
