New Delhi: The Board of Control for Cricket in India (BCCI) has reportedly started the process of finalising the retention policy and the other details with a mega Indian Premier League (IPL) auction scheduled later this year ahead of the 2025 season. The Indian cricket board has sought the view of all ten franchises on finalising the policies for the mega auction, including the number of retentions and the salary cap.
As per a report in Cricbuzz, the majority of the ten IPL franchises have asked for an increase in the number of player retentions for the upcoming 2025 season. The demands of the franchises have varied, but most of them are in favour of having more retentions. In the last mega auction in 2021, all teams were allowed to retain a maximum of only 4 players.
However, as per the report, most of the teams have asked for 5-7 retentions this time. One of the franchises has even suggested the number be increased to 8 while one of the teams wants only Right to Match (RTM) options and no retentions allowed at all. The RTM card allows a team to match the highest bid for one of their former players and snatch the player from the team that made the winning bid at the same price.
Hemang Amin, the interim CEO of BCCI and the COO of IPL, has reached out to the CEOs of all ten franchises and has sought their suggestions and feedback on the retention policy. Apart from the retentions, BCCI has also sought the franchises’ views on increasing the overall salary cap of each team.
Rs 20 crore increase in salary cap?
The current salary cap of each team stands at Rs 100 crore in the IPL and the BCCI will hold discussions with the team owners regarding an increase in the salary purse which will be valid for the next three years. As per the report, the increase in the salary cap can range between Rs 110 crore to Rs 120 crore, however, an increase of Rs 20 crore straight cannot be ruled out.
If agreed, the Rs 20 crore increase will take the overall salary purse of each team to Rs 120 crore for the next three seasons of the league. The report also claims that BCCI is likely to stick with the Impact Player rule in the IPL despite negative feedback from some of the teams and the coaching staff.
A final decision all all policies related to the upcoming IPL mega auction is likely to be finalised in a meeting between the board members and the owners of all ten teams later this month.
The BCCI has reportedly begun the process of finalising the details of salary cap and retentions ahead of the mega auction later this year. Majority of the IPL franchises have demanded an increase in number of retentions. Cricket Sports News: Latest Cricket News, Cricket Live Score, Sports Breaking News from Sports Today
