IPL 2022 will be very interesting as two more teams are going to be added and a Mega-Auction is going to be held ahead of the extravagant event.
The limit of retention of players if any, will of course determine the framework of a majority of the franchises. According to a report by ESPN Cricinfo, franchises are likely to be allowed to retain four players prior to the auction that is going to be held very soon.
The eight existing IPL franchises will be able to retain up to four players for 2022 – three Indians and one overseas, or two Indians and two overseas.
The two new franchises will be able to pick three players from the rest of the player pool before the auction.
— ESPNcricinfo (@ESPNcricinfo) October 28, 2021
The report further says that a maximum of two overseas players can be retained by a franchise with the possible combinations outlined as, three Indians and one overseas, or two Indians and two overseas. The concept of Right To Match (RTM) which was executed during the previous mega auction will not be available in this one.
Bid submissions done ✅
Verification process underway here in Dubai 👍
The Big Announcement soon 👌 pic.twitter.com/LbXGwxnrYR
— IndianPremierLeague (@IPL) October 25, 2021
The purse amount for the auction that the franchises can held has also seen a slight rise from INR 85 crore to INR 90 crore. The amount for retention will obviously be deducted from the initial purse, but the cost of retention is yet to be determined or disclosed by the council. During the previous mega auction, a maximum of INR 33 crore was allotted for a salary cap of a maximum of three retained cricketers.