IPL 2018: Each franchise can secure 5 cricketers

IPL 2018: Each franchise can secure 5 cricketers

It was also made a decision to increase the total purse of each franchise from Rs 66 crore to Rs 80 crore. The salary cap for each team for the 2018 season has been set at Rs 80 crore (approximately $12.4 million) by the governing council.

Commenting on the fact that the team will get to pick the players from the 2015 IPL squad, the CSK director affirmed that they are not losing their head over it and are quite content with the rule. However in the meeting it was discussed that teams could retain not more than than three Indian and two foreign players. It paved the way for MS Dhoni's return to CSK.

The players of CSK and RR were shifted to new franchises, Rising Pune Supergiants and Gujarat Lions.

The decision was taken following a meeting with the Supreme Court appointed Committee of Administrators (CoA).

"We are pretty comfortable with the salary cap and the alignment".

In the event of the franchise not retaining a player directly, they will be allowed to use their right to match thrice during the player auction. CSK and RR have the allowance to retain players from among those who played for them in the 2015 season and it is nearly certain that Dhoni will be back in CSK colours in the next season.

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The governing council of the tournament came to the conclusion that the IPL franchises will be able to retain a maximum of five players through a combination of pre-auction retention and Right To Match (RTM) cards.

A franchise can secure a maximum of three capped Indian players and a maximum of two overseas players.

If two players are retained, the salary cap for the first and second player retained will Rs 12.5 crore and Rs 8.5 crore respectively.

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.

Uncapped players stand to receive more at the auction with each segment receiving a INR 10 lakh boost.

In July 2017, The Board of Control for Cricket in India said on Friday that Chennai Super Kings and Rajasthan Royals would be back for 2018 IPL.

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