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The Indian Premier League (IPL) is set to witness a significant change in its player retention policy for the upcoming season. According to sources, the IPL Governing Council has decided to allow each franchise to retain a maximum of five players. This decision will have a major impact on the upcoming IPL Auction, as teams will have to carefully consider their choices and allocate their purse strategically.
The cost of retaining five players will be a hefty INR 75 Crore for each franchise. This means that teams will need to prioritize their key players and ensure that their retention strategy aligns with their overall team-building goals. With limited funds available, franchises will have to make tough decisions regarding which players to retain and which to release.
In addition to the retention provision, the IPL Governing Council has also implemented the Right To Match (RTM) provision. This allows teams to match the bids placed on their released players during the auction. The exact number of RTMs available to each franchise is not yet known, but it is likely to be a valuable tool for teams looking to retain their core players.
The new retention policy is expected to add an extra layer of complexity to the IPL Auction. Teams will need to carefully analyze their existing rosters, assess the potential availability of players in the auction, and make informed decisions about their retention strategy. The decision to allow five retentions is a significant departure from the previous policy, which allowed only four retentions. This change is likely to lead to increased competition and excitement in the player market.
The IPL Auction is always a highly anticipated event, and the introduction of this new retention policy is sure to add an extra layer of intrigue. Teams will need to be strategic and calculated in their approach to the auction if they want to build a strong and competitive squad. The new policy is a bold move by the IPL Governing Council and it will be fascinating to see how it impacts the upcoming season.
Source: IPL Auction: Five retentions to cost franchises INR 75 Crore