IPL: CSK, RR allowed to retain players

IPL: CSK, RR allowed to retain players

The purse money has been by increased for each franchise from Rs. 66 crore to Rs. 80 crore by the council.

Each team will have to spend a minimum 75 per cent of the salary cap every season.

Chennai Super Kings and Rajasthan Royals were banned for two seasons from the Indian Premier League after some of their team owners were charged for corruption by the Supreme Court.

However, a maximum of three players can be retained or matched. CSK will have to primarily choose between R. Ashwin, Ravindra Jadeja and Suresh Raina or a foreign player such as Dwayne Bravo in whom the Chennai team continues to have faith.

In a very delighting news for the Chennai Super Kings fans, their favorite cricketer MS Dhoni is likely to lead the CSK franchise in the 2018 edition of the Indian Premier League (IPL). The IPL GC decision - which states that a franchise can retain up to three players and use two Right To Match cards in the auction - may well have settled some player issue closer home also.

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CSK and Rajasthan Royals (RR), who will be returning to the league after serving two-year suspensions, will be allowed to retain players who played for their respective squads in the 2015 IPL season and those who were part of now defunct teams Gujarat Lions and Rising Pune Supergiant.

The IPL Governing Council (GC) took the decisions at a meeting in New Delhi on Wednesday.

So, if a franchise does not to directly retain any player, it will be allowed a maximum of three RTMs at the auctions.

IPL franchises can retain a maximum five players by virtue of a combination of player retention and right-to-match (RTM) cards (during auction). A franchise can secure a maximum of two uncapped Indian players.

The player auctions for the 2018 edition of the tournament are slated to be held in February. This is a departure from existing price tags, which saw the first retained player receive INR 12.5 crores with subsequent retainees costing the franchise 9.5, 7.5, 5.5 and 4 crores respectively. However, in case it chooses to retain two players, Rs 21 crore will be deducted (Rs 12.5 crore and Rs 8.5 crore), while for retaining just one player, Rs 12.5 crore will be deducted from the auction purse.

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