News Sports Cricket IPL 2022 Auction Day 1: Mumbai Indians Retention List; Remaining purse INR 48 Cr

IPL 2022 Auction Day 1: Mumbai Indians Retention List; Remaining purse INR 48 Cr

Mumbai Indians have released Trent Boult, Ishan Kishan, Quinton de Kock, Hardik Pandya.

File photo of Mumbai Indians team Image Source : IPLT20.COMFile photo of Mumbai Indians team

The most successful team in the IPL history- Mumbai Indians (MI) decided to hold onto their skipper Rohit Sharma (16 crores), Jasprit Bumrah (12 crores), Suryakumar Yadav (8 crores) and Kieron Pollard (6 crores). After spending a total of INR 42 crores in retaining these four players, MI are left with INR 48 crores to spend in the IPL 2022 mega auctions.

Retained players list 

  • Rohit Sharma (16 crore)
  • Jasprit Bumrah (12 crore)
  • Suryakumar Yadav (8 crore)
  • Kieron Pollard (6 crore).

 

Reputed Players MI Released: Trent Boult, Ishan Kishan, Quinton de Kock, Hardik Pandya

MI's remaining purse for IPL 2022 Auction: INR 48 crores

The first precursor to IPL 2022 has been ticked and the eight franchises have announced their list of retained players. The teams notified their list of retained players during the IPL 2022 Retention List that happened on Tuesday, November 30 in India. Of a total of allotted 90 crore purse to each franchisee, each team retained their decided players in accordance with the retention rule framework. 

IPL 2022 Retention rules:

  • Each team is permitted to retain a maximum of four players.
  • No RTM (right to match) cards are available to franchises this time. 
  • Each existing team can retain a maximum of three Indian players, two overseas players, and two uncapped players.

Each team has a salary cap of INR 90 crore. The following is the player-wise slab based on the number of retentions made:

  • If four players: Player 1 – INR 16 Cr, Player 2 – INR 12 Cr, Player 3 – INR 8 Cr, Player 4 - INR 6Cr
  • If three players: INR 15 Cr, INR 11 Cr, INR 7 Cr
  • If two players: INR 14 Cr, INR 10 Cr
  • If one player: INR 14 Cr

Uncapped Player Retention- 4 Cr

Noteworthy points for the two new IPL teams (Ahmedabad and Lucknow) 

  • After the existing franchises have retained their players, the two new teams will be able to pick three players ahead of the main auction.
  • The two new teams are to be able to pick a maximum of two Indian players and one overseas player.