The governing council of Indian Premier League has lifted the curtains from the retention policy for the IPL 2018. The governing council along with Committee of Administrators (CoA) decided that every franchise is allowed to have five players from their last year squad.
“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),” BCCI Acting Secretary Amitabh Choudhary said in a statement after the meeting.”
Chennai Super Kings and Rajasthan Royal return to the IPL after the two-year ban. Both franchises have been allowed to retain three players from their 2015 squad that plays for RPS and GL in 2016 and 2017
“The player pool available for Chennai Super Kings and Rajasthan Royals for retention/Right to Match 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,” Choudhary added further.
The IPL Governing Council also increased the salary budget of the franchises from Rs 66 crore to Rs 80 crore for the next year’s auction, 82 crores for 2019 and 85 crore for 2020. The minimum spend will be 75 percent of the salary cap for each season.
The player rules for the Right to Match are maximum number of three Capped Indian players, maximum number of 2 overseas players, maximum number of 2 uncapped Indian players.