The fate of India captain Virat Kohli and Mahendra Singh Dhoni has already been sealed ahead of the much-awaited Indian Premier League 2018 Player Retention event to be held in Mumbai on January 4. The list of players retained by their respective IPL franchises will be disclosed today by the BCCI. It is learnt that Kohli and Dhoni are all set to be retained by Royal Challengers Bangalore and Chennai Super Kings, respectively, for the next three years.
Among other top Indians who are almost certain to be retained are Rohit Sharma, who led Mumbai Indians to their title triumph last season, exciting MI all-rounder Hardik Pandya, Ravindra Jadeja, who is set to go back to CSK after playing for Gujarat Lions over the last two seasons, and Australian pocket dynamo David Warner for Sunrisers Hyderabad.
Another franchise making a return after serving a two- year suspension, Rajasthan Royals (RR), will certainly go for Australia captain Steve Smith, considering the form he has been in.
Each team can opt for up to five players by virtue of a combination of Player Retention (Pre Player Auction) and Right to Match (RTM) (during the Player Auction), according to the decision of the IPL GC at its meeting in New Delhi on December 6.
There can be a maximum of either three retentions or three RTMs at the discretion of the franchises and if there is no retention before player auction, then franchises can have up to three RTMs, as per the norms put in place by the IPL GC.
The break-up is: Maximum number of 3 capped Indian players, 2 overseas players and 2 uncapped Indian players each.
The player pool available for CSK and RR for retention/RTM will be the players who played for them respectively in IPL 2015 and who were part of Rising Pune Supergiant and GL squads in IPL 2017, as per the norms.
IPL 2018: SALARY CAP RAISED
The salary cap has also been raised. For the coming season, it's fixed at Rs 80 crore and will increase to Rs 82 and 85 crore respectively in 2019 and 2020.
The minimum spend has been fixed at 75 per cent of the salary cap for each season.
The player retention price guideline for salary cap charged has also been set as Rs 33 crore (for 3 players pre auction), Rs 21 crore (for 2 players pre auction) and Rs 12.5 crore (for 1 player retained pre-auction).
Each squad can consist of a maximum number of 25 players (up to 8 overseas players) and a minimum of 18.
(With PTI inputs)