IPL 2018: MS Dhoni all set to lead Chennai Super Kings?

Jonathan Hernandez
December 7, 2017

The IPL Governing Council hiked the salary budget of the franchises from ₹66 crore to ₹80 crore for next year's auction, tentatively set for February.

Chennai Super Kings and Rajasthan Royals were banned for two seasons from the Indian Premier League after some of their team owners were charged for corruption by the Supreme Court.

Franchises will need to spend at least 75 per cent of the salary cap each season, and that each squad should contain between 18 and 25 players with maximum eight overseas players. The swashbuckling cricketer from Ranchi in Jharkhand has played in 159 IPL matches scoring 3,561 runs off 2,604 balls at an average of 37.88.

'MSD, ' who had played for Pune in the last two editions - first as captain and second as a player - minced no words to publicly betray his soft corner towards the Chennai team and its fans.

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.

A maximum of either 3 retention or 3 RTM at the discretion of the franchises. The BCCI has eliminated the "soft cap" concept wherein teams were previously permitted to have private deal with players on their fee.

"The Indian Premier League Governing Council along with the Committee of Administrators (CoA) met in New Delhi on Wednesday to discuss IPL Player retention policy, salary cap, player regulations and other related issues", the release stated. The IPL Governing Council has given teams options which could allow them to retain as many as five of their players. Irrespective of player retention or RTM, a franchise can have a maximum of three capped Indian players, a maximum of two foreign players and a maximum of two uncapped Indian players.

If the franchise retains two players: The cost of the players will be 12.5 and 8.5 crores INR respectively. "In a way, we have found a middle path (with the possibility of buying back five players through retentions and RTMs)", IPL chairman Rajeev Shukla said after the meeting. Retaining just one player pre-auction would see a franchise lose Rs 12.5 crore from its purse.

Other reports by AllAboutTopnews

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