IPL 2022
KL Rahul Signed By Lucknow Franchise For INR 17 Crores
By CricShots - Jan 22, 2022 10:04 am
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The new Indian Premier League (IPL) franchise from Lucknow on Friday announced that they have finalized their three draft picks ahead of the IPL 2022 season which will feature as many as 10 teams. Owned by RP Sanjiv Goenka Group, the Lucknow-based franchised has picked KL Rahul as their captain and also roped in Australia all-rounder Marcus Stoinis and leg-spinner Ravi Bishnoi.

KL Rahul
KL Rahul

Sanjiv Goenka, the chairperson of the RPSG Group, announced the 3 new signings on Friday after India’s ODI series defeat to South Africa in Paarl. Lucknow picked KL Rahul for INR 17 crore while Marcus Stoinis was picked for INR 9.2 crores. On the other hand, former Punjab Kings leg-spinner Ravi Bishnoi was picked for INR 4 crore.

Lucknow draft picks for IPL 2022

  • KL Rahul – INR 17 crore
  • Marcus Stoinis – INR 9.2 crore
  • Ravi Bishnoi – INR 4 crore

Purse left for IPL 2022 auction: INR 58 crore

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The IPL 2022 auction is expected to be taking place on February 12 and 13. The 8 existing franchises announced a maximum of 4 retained players each last year as the Board of Control for Cricket in India (BCCI) gave the 2 new franchises time until January last week to finalize their 3 draft signings.


IPL 2022 will have 2 new teams — one from Ahmedabad and the other from Lucknow. The Ahmedabad team was bought by CVC Capital for INR 5625 crores, the RPSG Group won the Lucknow franchise with a bid of Rs 7090 crore. 

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KL Rahul who has been one of the consistent performers with the bat in the IPL in the last 3-4 years had taken over as the captain of Punjab Kings captain in IPL 2020. However, after two unsuccessful campaigns with Punjab, he decided to move to a new franchise. Punjab Kings agreed to Rahul’s request and released him when they announced their retentions for IPL 2022 in December 2021.