IPL 2022 Retention: Teams now will have INR 90 crore to retain players

IPL 2022 will start on a different note with lots of changes and new happenings. 2 teams will be competing in IPL 2022 for the first time ever. BCCI selected 2 new IPL teams from Lucknow and Ahmedabad which will be joining the remaining 8 teams in the upcoming edition of IPL. Also, the IPL retention rules for IPL 2022 will be distinct from before.

The salary purse for the IPL 2022 auction has been set at INR 90 crore per team. However, an increase was made from the IPL 2021 auction purse of 85 crores. As reported by ESPNcricinfo, each of the eight older franchises will be allowed to retain up to four players. Also with the IPL governing council set different salary slabs for the number of players retained.

Read also: Every IPL team owners list

The two new franchises - Lucknow and Ahmedabad - will be allowed to acquire up to three players each from the player pool after the original eight teams have made their retention picks. The retention window for the eight older franchises is from November 1 to November 30, while the window for the two new ones is from December 1 to December 25. The IPL 2022 auction is likely to take place in January 2022.

SportzPoint gives you all details about how much will be deducted from the purse of all ten franchises for retaining one, two, three, or four players.

IPL 2022 Retention scenario for old teams :

If they retain four players (3 Indians + 1 overseas or 2 Indians + 2 overseas) :

If one of the eight older franchises retains four players, they will be debited INR 16 crore for the first, INR 12 crore for the second, INR 8 crore for the third, and INR 6 crore for the fourth. Meanwhile, that makes a total deduction of INR 42 crore. For all ten franchises, the amounts for retaining either three, two, or one player are the same.

Deduction for retaining three players (3 Indians or 2 Indians + 1 overseas) :

If one of the old franchises retains three players then their slabs are INR 15 crore, INR 11 crore, and INR 7 crore, for a total of INR 33 crore.

If they retain two players (2 Indians or 1 Indian + 1 overseas) :

For retaining two players are the slabs are INR 14 crore and INR 10 crore, for a total of INR 24 crore.

Deduction for retaining one player (1 Indian or 1 overseas) :

However, for only one player, INR 14 crore will be deducted from a franchise's auction purse. If the sole retained player is uncapped, then the amount deducted will be INR 4 crore.

Also Read: IPL retention rules: old teams can keep four players ahead of the 2022 auction, three early picks for new teams

The salary slab for retention in IPL auction :

The IPL has set out the salary slabs for retention, franchisees are free to pay players whatever sum they mutually agree on. What will be deducted from a franchise's auction purse is whichever amount is higher. If a franchisee pays a player less than his retention slab, they will lose the retention slab amount. If a franchisee pays a player more than the amount ascribed to a retention slab. Then that higher amount will be deducted from the franchise's auction purse. That applies to the two new franchises too.

For example, ahead of the mega auction in 2018, Royal Challengers Bangalore paid Virat Kohli INR 17 crore as their retention fee. However, they lost that amount from their purse. Although, the slab had been set at INR 15 crore for the first player's retention.

Read Also: Value of the IPL Franchises since 2008 to the present

Retention rules for both old and new IPL teams :

As reported by ESPNcricinfo, the eight old franchises can retain up to a maximum of three Indian players, capped or uncapped. They can't retain more than two overseas players either. Moreover, neither can they retain more than two uncapped Indian players.

The retention rules for the two new franchises are not more than two Indian players. However, it can be capped or uncapped, not more than one overseas player, and not more than one uncapped player. It is likely that the two new franchises will have a separate draft for their retentions. There is a 25-day window (1st to 25th Dec 21) for the new franchises. Although, their retentions will also involve negotiations with the players they want to pick.