After the list of retained players is finalised, the two new franchises will get first choice from the rest of the pool ahead of the auction
These were among the rules discussed informally this week between the IPL and the franchises.
There are two different combinations teams can apply while picking their four players to retain: three Indians and one overseas, or two Indians and two overseas. The three Indians retained by franchises can all be capped, all uncapped or a mix of both.
Also, unlike the previous big auction ahead of the 2018 season, there will be no right-to-match cards (RTM) at the auction.
As for the three players going to the two new franchises – Lucknow and Ahmedabad – the IPL has specified a combination of two Indian players and one overseas. What remains unclear at present is whether these players will need to be picked strictly from the group of players not retained by the existing franchises, or can be from the larger auction pool – which will have new additions – ahead of the 2022 auction.
With regards to retentions, the final choice will remain with the player: does he want to be retained or does he want to go back into the auction pool. That choice might be guided by wanting a change of franchise or if he believes he can earn a better paycheck at the auction.
While the IPL is yet to announce the details and rules, the deadline for retaining players is likely to be the end of November. Some of the key elements that the IPL is still to firm up include the maximum amount that can be spent on each retained player and the percentage of the auction purse each franchise can spend overall on retaining players.
In 2018, when the last big auction took place, teams were given a purse of Rs 80 crore, and could spend a maximum of INR 33 crore on retained players. At the time teams could buy back five players through a combination of retention and two RTM cards at the auction.
If only two players were retained, then the first was bought back at INR 12.5 crore and the second at INR 8.5 crore. If only one player was retained, then franchise would lose INR 12.5 crore from their purse. Back then, the IPL had also stipulated a salary cap of INR 3 crore for an uncapped player retained.
Big names up for grabs?
The significance of player retention is enhanced by the fact that the IPL will soon begin the process to finalise media rights for the next cycle beginning from the 2023 season; put simply, who plays for whom could make or break franchises’ fan bases. And there is the possibility of some big names, such as David Warner and KL Rahul, being up for grabs this time. Dhoni and Kohli, too, don’t have their future clearly laid out.
Nagraj Gollapudi is news editor at ESPNcricinfo