By Moneycontrol Sports Desk | October 27, 2024
IPL franchises are set to announce their player retention lists on October 31
Image Credit: PTI
The new retention rules brings back the uncapped player scenario as well.
Image Credit: PTI
Each franchise has a purse of INR 120 crore to build their team for IPL 2025
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A franchise can retain upto a maximum of six players, combining both initial retentions and Right-To-Match (RTM) exercises during the mega auction
Image Credit: PTI
Of the six players, a franchise may retain upto five capped players and a maximum of two uncapped players.
Image Credit: PTI
Image Credit: PTI
Capped player 1 – 18 cr Capped player 2 – 14 cr Capped player 3 – 11 cr Capped player 4 – 18 cr Capped player 5 – 14 cr
Moreover, a franchise need to spend a sum of 4 crore on every uncapped player retention
Image Credit: PTI
Post the retention phase, a franchise can retain a player using the RTM card option in the mega auction
Image Credit: PTI
Image Credit: PTI
RTM is the right to match card, a team can buy back their player in the auction by matching their current bid.