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IPL 2022: Maximum of 4 players can be retained, new teams can pick 3 players before mega auction

IPL 2022: The BCCI, in a letter to the franchises, confirmed that the existing 8 teams will be allowed to retain a maximum of 4 players between November 1 and November 25. The two new teams can pick a maximum of 3 players before the mega auction.

BCCI confirms IPL 2022 retention rules in a letter to franchises (Courtesy of BCCI)

HIGHLIGHTSA maximum of 4 players can be retained by exisiting franchises before mega auctionExisiting teams can retain players between November 1 and 30New teams allowed to pick maximum of 3 players before auction

Indian Premier League teams can retain up to 4 players in the lead up to the mega auction for IPL 2022, the Board of Control for Cricket in India (BCCI) has conveyed in a letter to the franchises. The two new teams who will be part of the next season will be allowed to pick 3 players before the auction.

A source close to the board confirmed the developments to India Today on Saturday. The existing 8 franchises will be allowed to retain their players between November 1 and 30 while the two new teams can pick 3 players from the released list of players or elsewhere from December 1. The deadline for picking the set of 3 players for the new teams is December 25.

The 8 existing teams can’t retain more than 3 Indian players (capped or uncapped) while they can’t retain more than 2 overseas players. Meanwhile, the two new teams can pick a maximum of 2 Indian players after the players are retained by the existing franchises. No more than one uncapped player can be picked by them.

Meanwhile, the maximum purse for all 8 teams has been fixed at Rs 90 crore each.

If a team retains 4 players, then a total of Rs 42 crore will be deducted from their purse with the top player getting Rs 15 crore.

If a team retains 3 players, then Rs 33 crore will be cut from its purse.

For 2 players, Rs 14 crore and Rs 10 crore have to be shelled out while teams retaining only one player have to pay Rs 14 crore to him.

Sanjiv Goenka-helmed RPSG Group came up with a winning bid of a whopping INR 7090 crore and picked Lucknow as its home base. CVC Capital, former owners of Formula One, came up with the second-highest bid of INR 5625 crore and opted for Ahmedabad during Monday’s bidding in Dubai. Notably, RPSG Group also owned the Rising Pune Supergiant franchise between 2016 and 2017.

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