The Indian Premier League Governing Council along with the Committee of Administrators (CoA) met in New Delhi on Wednesday to discuss IPL Player retention policy, salary cap, player regulations and other related issues.
The IPL GC decided the following –
(A). 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 –
Maximum number of 3 Capped Indian players.
Maximum number of 2 Overseas players.
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 them respectively in IPL 2015 and who were part of RPS and GL squads in IPL 2017.
(B). Salary Cap
2018 – INR 80 Crore
2019 – INR 82 Crore
2020 – INR 85 Crore
The minimum spend will be 75 per cent of the salary cap for each season.
(C). Player Retention Price Guideline
(i) Option 1
3 players retained pre- auction
|
Salary Cap Charged Rs. Cr
|
Player 1
|
15
|
Player 2
|
11
|
Player 3
|
7
|
(ii) Option 2
2 players retained pre- auction
|
Salary Cap Charged Rs. Cr
|
Player 1
|
12.5
|
Player 2
|
8.5
|
(iii) Option 3
1 player retained pre- auction
|
Salary Cap Charged Rs. Cr
|
Player 1
|
12.5
|
Uncapped players INR 3 crore per player.
The deduction from salary purse in case of retention will be determined on the basis of guideline price or actual price (whichever is higher).
(D). Minimum Auction Reserve Price
Uncapped Players
| |
Earlier Reserve Price
|
New Reserve Price
|
INR 10 lakh
|
INR 20 lakh
|
INR 20 lakh
|
INR 30 lakh
|
INR 30 lakh
|
INR 40 lakh
|
Capped Players
| |
Earlier Reserve Price
|
New Reserve Price
|
INR 30 lakh
|
INR 50 lakh
|
INR 50 lakh
|
INR 75 lakh
|
INR 1 cr
|
INR 1 cr
|
INR 1.5 cr
|
INR 1.5 cr
|
INR 2 cr
|
INR 2 cr
|
(E). Franchise Squad Size
A maximum of 25 players (up to 8 overseas) and a minimum of 18 players.
The meeting was chaired by IPL Chairman Mr Rajeev Shukla and attended by Hon’ble Supreme Court of India appointed Committee of Administrators (CoA).
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