Everything You Need to Know About IPL’s New Retention Policy

BCCI’s very own money-maker machine and World’s most successful and glamorous T20 league, Indian Premier League will host the 11th season from April 2018. The 2018-edition will be back with Rajasthan Royals and Chennai Super Kings after their two-year suspension.

There were a lot of questions regarding the future of Dhoni, Raina and Steve Smith. But IPL’s Governing Council’s meeting on 6th December answered all the questions for the fans and franchises.

All 8 IPL franchises will be allowed retain a maximum of five players by retaining players before the auction and Right to Match (RTM) cards.

Let’s get familiar with all the rules now:

What is Right To Match Card?

Right to Match card allows the franchise to match the highest bid for a player from their last year’s squad who was not retained by them before the auction. The player will be sold to the same franchise instead of an actual highest bidder with the help of this card. (Man, they are really making it a game of Monopoly!)

Let’s take an example. If MI decides against retaining Hardik Pandya, it will allow teams to bid for him at the auction. Let’s say, RCB makes the highest bid of Rs.10 crores for him at the auction. At that time, MI can use their RTM card and get back Pandya for Rs.10 crores.

Retention of Players:

The teams will be allowed to retain 5 players from the last year’s squad. But teams can only retain a maximum of three players in each category, pre-auction retentions, and RTM Cards.

I.E. A team can only retain 3 players by pre-auction retention and 2 by RTM cards or vice-versa. Even if a certain franchise decides not to retain any player before the auction, he/she cannot use more than three Right to Match cards in the auction.

The owners will be allowed to retain a maximum of 3 capped-Indian and 2 uncapped-Indian players in their total 5 retentions. The number of maximum overseas players allowed to retain will also be two.

Mumbai and Chennai Owners Must be Happy!

Player Retention Rules for CSK and RR:

As we all know, CSK and RR had a two-year ban from IPL. Hence, the players who were part of CSK and RR in 2015 and played for RPS or GL in 2017, will be available for CSK and RR to retain, respectively.

But there is a twist in the tail. Players who played for CSK and RR in 2015 but went to franchises other than RPS and GL in IPL 2017, can only be retained by their current owners and not CSK/RR.

Let’s make it simple with examples:

M.S. Dhoni was a part of CSK in 2015 and played for RPS in 2016 and 2017. Therefore, Chennai can get their “Thala” back without any problems.

But, Rajasthan Royals’ very own Shane Watson, who played for the franchise until 2015, was sold to RCB. So, Bangalore will have the right to retain Watson and not Rajasthan Royals.

What about Ben Stokes? England all-rounder who was bought by RPS for whooping Rs.14.5 Crores in the 2017 auction, will be sent to the auction pool again as he has never played for any other IPL franchise before.

CSK’s Retention Pool:

MS Dhoni, Suresh Raina, R Ashwin, Ravindra Jadeja, Dwayne Bravo, Brendon McCullum, Faf du Plessis, Dwayne Smith, Andrew Tye, Irfan Pathan, Ishwar Pandey, Baba Aparajith and Ankush Bains.

RR’s Retention Pool:

Ajinkya Rahane, Steven Smith, James Faulkner, Dhawal Kulkarni, Rajat Bhatia and Ankit Sharma.

Salary Caps for each Franchise:

The salary caps have been increased from last season and it means only one thing: Franchises will have more money in their pockets during the auction. (Get ready for another crazy auction, people!)

IPL allowed owners to spend Rs.66 crores in the auction in 2017. This year, the purse has gone up to Rs.80 crores and will increase even more next seasons, with Rs.82 crores allowed for 2019 and 85 crores for 2020.

The owners will have to spend a minimum of 75% salary cap every season.

Ben Stokes will be a hot property yet again

Changes in Salary Cap due to Player Retention:

Even though owners can retain up to 3 players before the auction, they will have to pay a hefty price for that. The number of players retained by franchises will directly affect their salary caps in the actual auction as the amount will be deducted from their purse of Rs.80 crores.

If a team decides to retain three players, Rs.33 crores will be deducted from the purse with 21 crores and 12.5 crores for two and one retentions respectively.

For each uncapped player retained, Rs.3 crores will be deducted from the owner’s salary cap.

Author’s Take:

IPL has always allowed teams to retain 3-4 players with various rules and regulations. And although it has helped the likes of Mumbai and Chennai to keep the core of their team intact, the rules do not work in the favor of Delhi or Punjab, who are struggling to find the right combination for years. But that does guarantee an interesting auction where we will get to see a great tussle for the players left the auction pool after all the retentions.

Watch out for Stokesy, people!

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