Indian Premier League franchises allowed to retain upto five players

MS Dhoni

The Governing Council meeting was attended by the members of the Supreme Court-appointed Committee of Administrators (CoA).

CSK and Rajasthan Royals (RR), who will be returning to the league after serving two-year suspensions, will be allowed to retain players who played for their respective squads in the 2015 IPL season and those who were part of now defunct teams Gujarat Lions and Rising Pune Supergiant.

They were replaced by Rising Pune Supergiants - who employed Dhoni as captain - and the Gujarat Lions.

Former India Skipper Mahendra Singh Dhoni's path to join the Chennai Super Kings (CSK) squad has been cleared after the IPL Governing Council on Wednesday allowed retention of maximum three players for the 2018 edition. The IPL Governing Council also hiked the salary budget of the franchises from Rs 66 crore to Rs 80 crore for the next year's auction, tentatively set for February.

A maximum of either 3 retention or 3 RTM at the discretion of the franchises.

CSK and Rajasthan Royals were suspended owing to the 2013 spot-fixing scandal, which shook the league to its core and allegedly involved not just players but also some top officials of the two franchises. For example, if CSK chooses not to retain Dhoni directly and he is placed on auction instead, CSK will have the right to match the highest bid for him and retain him that way. Each squad can have a maximum of 25 players (with up two overseas players) and a minimum of 18 players. However in the meeting it was discussed that teams could retain not more than than three Indian and two foreign players. A retention of only two players would cost them INR 12.5 and 8.5 (INR 21 Crores) respectively.

If a franchise opts to retain three players pre-auction, it will cost them a total of INR 15, 11 and 7 Crores (INR 33 Crores) respectively for the trio. For instance, if Royal Challengers Bangalore opt against retaining Chris Gayle and one of the other franchises buy him for an amount, say INR 5 Crores, then RCB can activate their RTM and get Gayle back for the same amount, i.e INR.5 Crores.

"The minimum spend will be 75 per cent of the salary cap for each season", BCCI Acting Secretary Amitabh Choudhary said in a statement after the meeting.

For the auctions, the base price of players have been increased in both capped and uncapped categories.

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