IPL 2022 Mega Auction: IPL Salary records – The IPL salary records are all set to be broken in IPL 2022 with the BCCI increasing salary purse to Rs 90 crore. The likes of Virat Kohli, MS Dhoni, KL Rahul and Rohit Sharma — IPL’s top players — can negotiate a higher tier of salary with their respective franchises. The highest-paid player Kohli, who earns Rs 17 crore, can now ask Royal Challengers Bangalore for more as per BCCI’s new retention rules for IPL 2022.
In its letter to the franchises, BCCI informed them about the new rules saying that “if the League Fee agreed with a Retained Player is less than the relevant sum set out above, then an amount equal to the relevant sum set out above shall be deducted from the relevant Franchisee’s Salary Cap.”
IPL 2022 Mega Auction: Highest IPL salary record all set to break as retained players now can negotiate salaries with their franchises
That means Virat Kohli or Rohit Sharma who are highest-paid players in their franchises and are all set to be retained can now negotiate for a better pay package and will deduct the amount from the defined Rs 90 crore salary slab.
IPL 2022 Mega-Auction: How the new rules impact players?
- If Virat Kohli get Rs 20 crore from RCB, the extra Rs 3 crore will be deducted from the Rs 90-crore salary purse.
- The total salary purse is set to increase from 90 to 100 over the next three years.
- MS Dhoni, the CSK skipper, who is also set to be retained by the franchise, can also negotiate his salary and adjust the remaining purse.
- It will also help Punjab Kings captain KL Rahul to have more negotiating power as he wants to leave the franchise.
- Old Franchises:Will Name Retained Players by 30th November 2021, maximum of 4 players can be retained. 3 Indians & maximum two foreigners
- New Franchises:2 New teams to finalized their 3 players outside of auction between 1st December 2021 to 30th December 2021. Not more than 2 Indians & 1 foreigner.
- RTM Cards:There will also be no Right to Match (RTM) cards this time around.
IPL 2022 Mega Auction: Highest IPL salary record all set to break as retained players now can negotiate salaries with their franchises
IPL 2022 Mega-Auction: InsideSport had already reported on last week, that the BCCI will allow new teams to pick ‘three free picks’ from the auction pool.
What is 3 Free Picks? This means both new franchises will have the right to pick 3 players before the auctions. 2 New teams can finalize 3 players outside of auction between 1st December 2021 to 30th December 2021. No more than 2 Indians & 1 foreigner can be picked by the NEW FRANCHISES.
IPL 2022 Mega Auction: Highest IPL salary record all set to break as retained players now can negotiate salaries with their franchises
As InsideSport reported, BCCI has informed existing franchises can retain 4 players from their existing set-up. The move would have put the new franchises at huge disadvantage, BCCI informed the franchises in a letter that they will allow three players to be picked from the auction pool before the start of the MEGA AUCTIONS. BCCI feels this move bring the new franchises at par with the old.
“We have decided to do away with the Right to Match Cards. No teams will be allowed to use any RTM cards in MEGA-AUCTION” the IPL GC Member told InsideSport.
- TOTAL Players Purse – 90 Crore
- 4 Players retained, Rs 42 crore will cut from the player purse.
- 3 retentions will lead to a reduction of Rs 33 crores
- 2 retentions will result in deduction of 24 crore from the player purse.
- 1 Retained Player: 14 crore will be deducted from the purse.
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