IPL franchises allowed to retain up to five players

Chennai Super Kings

Also, every team can retain up to five players by virtue of a combination of Player Retention (Pre Player Auction) and Right to Match (RTM) (applicable during the Player Auction). For the 2018 IPL season, the salary budgets for the IPL teams have also been increased to 80 crores from 66 crores.

"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 Gujarat Lions squads in IPL 2017", he added. For Dhoni and CSK fans, it means that MSD will don the yellow jersey once again.

In the subsequent years, the franchises will be allowed to shell out Rs 82 crore (in 2019) and Rs 85 crore (in 2020).

1 Maximum number of 3 Capped Indian players.

Commenting on the fact that the team will get to pick the players from the 2015 IPL squad, the CSK director affirmed that they are not losing their head over it and are quite content with the rule. But if there is no retention before the player auction then the franchises can have up to three RTM.

The IPL Governing Council had allowed a maximum of either three retentions or three Right To Match (RTM) at the discretion of the franchises. Mumbai Indians will retain Rohit Sharma, Kieron Pollard, Jasprit Bumrah, and the Pandya brothers (Hardik and Krunal) and also Royal Challengers Bangalore retains Virat Kohli, AB de Villiers, and Chris Gayle but Shane Watson is not confirmed. "The minimum spend will be 75 per cent of the salary cap for each season", the BCCI stated. If only one player is retained, then he will cost the franchise INR 12.5 crore from the salary cap. For example, if CSK chooses not to retain Dhoni directly and he is placed on auction instead, CSK will have the right to match the highest bid for him and retain him that way. The player auction is tentatively set for February. "Almost six out of eight teams wanted about 6 to 8 retentions. Thirteen players are there (from the 2015 squad), so we are fine with it".

On the Rs 550 crore compensation that the court has asked the BCCI to pay to the defunct Kochi Tuskers, Shukla said the matter will be tabled in the SGM here on December 11.

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