IPL 2022: Teams can retain four players, new franchises can pick three players outside the auction
The retention policy for the IPL 2022 has been revealed by the BCCI. The franchises will be able to retain three Indian and two overseas players, with the maximum retentions not exceeding 4. The new franchises, Lucknow and Ahmedabad, on the other hand, will get to pick three players outside the auction. Here are the best cricket betting odds in 2021.
Also, the player purse has been set at 90 crores. If the team opts to retain four players, 42 crores will be deducted from their purse. If they opt to retain three, two and one player, 33, 24 and 14 crores will be deducted respectively.
The eight franchises have to submit the list of retained players by November 30, after which the new franchises can pick their three players between 1st December-25th December.
The chart below explains the salary cap of each retained player. In case of four retentions, player 1 will get 16 crores, player 2 will get 12 crores, player 3 will get 8 crores and player 4 will get 6 crores.
Similarly, in case of three retentions, player 1 will get 15 crores, player 2 will get 11 crores and player 3 will get 7 crores.
| Deductions for 4 Players | INR 42 Cr |
|---|---|
| Player 1 | INR 16 Cr |
| Player 2 | INR 12 Cr |
| Player 3 | INR 8 Cr |
| Player 4 | INR 6 Cr |
| Deduction for 3 Players | INR 33 Cr |
|---|---|
| Player 1 | INR 15 Cr |
| Player 2 | INR 11 Cr |
| Player 3 | INR 7 Cr |
| Deductions for 2 Players | INR 24 Cr |
|---|---|
| Player 1 | INR 14 Cr |
| Player 2 | INR 10 Cr |
| Deduction for 1 Player | INR 14 C |
|---|
If the deal between the franchise and the player exceeds this amount, the extra amount will be deducted from the remaining purse of the franchise.
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