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IPL 2022 Player Retentions, Team News, Rules, Purse Value – Updates

IPL 2022 Mega Auction - Player Retention, Team News, Rules, Purse Value - UpdatesIPL 2022 Mega Auction - Player Retention, Team News, Rules, Purse Value - Updates

IPL 2022 Player Retentions: The Indian Premier League (IPL) has become a global brand, ever since it stepped into this gigantic world of sports. The IPL fans feel delighted and fascinated when news relating to IPL rings in their ears. It’s been a while since the IPL 2021 concluded and the fuzz about the next year’s IPL even before that. 

The hype got some pace after the BCCI announced the addition of the two new franchises in the elite competition. The addition could have been done prior to the IPL 2021, however, the dreaded pandemic spilt water on everything it could possibly reach out to.

However, now everything seems to be right in control and the Board of Control for Cricket in India (BCCI) is all geared up to proceed to its due aspirations.

Two New IPL Franchises:

The BCCI was in the fray to add two new IPL teams after the completion of the IPL 2020 in UAE. However, the covid pandemic forced the BCCI officials to delay the call by one year. The Board of Control for Cricket in India (BCCI) on 25th October 2021, after the completion of IPL 2021, announced the two successful bidders who acquired the operations of the two new IPL franchises. 

1.     RPSG Ventures Ltd. – Lucknow (for INR 7090 crores)

2.     Irelia Company Pte Ltd. (CVC Capital Partners) – Ahmedabad (for INR 5625 crores)

The addition of two new teams makes the cash-rich Indian Premier League (IPL) a ten teams affair. The new franchise will become functional from the upcoming season of the tournament.

Some of the biggest corporate giants from all around the globe took part in the IPL team bidding. The likes of Manchester United owners Glazer Family, along with Adani Group, Hindustan Times, Torrent Sports Ventures Pvt. Ltd. and several others were under a roof for the team auction.

Here is the complete list of bidders who placed their bids for acquiring a new IPL franchise:

S. NO.Bidder (Group)AhmedabadLucknow
Bidding Amount (in Crores)
1Adani Group51005100
2Kotak45134512
3All Cargo Logistics41404304
4Capri Global42044204
5Lancer Capital – Avram Glazer41284023
6Hindustan Media Ventures Limited42754510
7CVC56255166
8RPSG Ventures Ltd.70907090
9Torrent Sports Ventures Pvt. Ltd.46534356

IPL 2022 Mega Auction:

IPL 2022: BCCI expecting 7000 Crores to 10,000 Crores for two new IPL teams eachIPL 2022: BCCI expecting 7000 Crores to 10,000 Crores for two new IPL teams each
Image Source: Twitter

Season fourteen of the Indian Premier League (IPL) concluded on a high with Chennai Super Kings (CSK) lifting their fourth IPL title in Dubai. Now, it’s the time for a new season with some fresh franchises.

The IPL 2022 Mega Auction is going to be huge as almost 95 per cent of players will be forced to go under the hammer. The player auction is something that haunts the IPL franchises, however, it is all filled with excitement for the fans all around the globe. As per the rules and regulations, each existing IPL franchise is only allowed to pick 4 players outside the auction. 

There are a couple of franchises that will be looking to build an entirely new squad right from the start, including the two new inductees. The franchises will have a golden opportunity to do a revamp and start fresh in the coming season.

IPL 2022 Mega Auction Date and Time:

The IPL 2022 Player retentions will be completed by November 30th. The two new franchises will begin their process to acquire three big players during December 1-25.

The IPL 2022 Mega Auction is likely to be held in the last week of December 2021 or during the first week of January 2022. The auction timing will be 3:30 PM IST onwards.

IPL 2022 Mega Auction Updates:

Reports:

Updates:

IPL 2022 Player Retentions Rules:

Each existing eight IPL franchise can retain a maximum of four players before the IPL 2022 Mega Auction. The distribution of players can be either two Indian-two overseas or three Indian-one overseas.

The franchises are given the freedom to retain one, two, three or four players as per their requirements. 

For two new IPL teams, the BCCI has given them the liberty to pick three players outside the IPL 2022 Mega Auction. Under the Special Pick Provision, each new franchise can acquire two Indian cricketers and one overseas cricketer outside the mega auction.

As mentioned earlier, franchises can retain any number of cricketers below five and the salary structure of these cricketers will be:

IPL 2022 Player Retentions & their Salary:

In case a franchise opts to retain four players:

Choice of retentionSalary (total INR 42 Cr)
First choice retention (Player 1)INR 16 Crore
Second choice retention (Player 2)INR 12 Crore
Third choice retention (Player 3)INR 8 Crore
Fourth choice retention (Player 4)INR 6 Crore.

In case a franchise opts to retain three players:

Choice of retentionSalary (total INR 33 Cr)
First choice retention (Player 1)INR 15 Crore
Second choice retention (Player 2)INR 11 Crore
Third choice retention (Player 3)INR 7 Crore

In case a franchise opts to retain two players:

Choice of retentionSalary (total INR 42 Cr)
First choice retention (Player 1)INR 14 Crore
Second choice retention (Player 2)INR 10 Crore

In case a franchise opts to retain only one player:

Choice of retentionSalary (total INR 14 Cr)
First choice retention (Player 1)INR 14 Crore

IPL 2022 Mega Auction Purse Value:

The BCCI has increased the total purse value of each franchise. Hitherto each franchise had a purse value of INR 85 Crores, however, now with an increase of INR 5 Crores, the total value has been elevated to INR 90 Crores. 

The salary of the retained players will be deducted from the total purse value. Here is the breakdown of the total purse value for the franchises.

Franchise total retentionTotal Purse Value after Salary deduction of Retained Players
No RetentionsINR 90 Crores
One RetentionINR 76 Crores
Two RetentionsINR 66 Crores
Three RetentionsINR 57 Crores
Four RetentionsINR 48 Crores

ALSO READ: IPL 2022 Mega Auction: Virender Sehwag says MI should retain Rohit, Ishan and Jasprit Bumrah

IPL 2022 Teams and their home Grounds:

As mentioned earlier, the Indian Premier League has now become a ten teams affair following the inclusion of two new franchises in Ahmedabad and Lucknow. 

Franchise (Team)Home Grounds
Chennai Super Kings (CSK)M. A. Chidambaram Stadium
Mumbai Indians (MI)Wankhede Stadium
Royal Challengers Bangalore (RCB)M Chinnaswamy Stadium
Delhi Capitals (DC)Arun Jaitely Stadium
Kolkata Knight Riders (KKR)Eden Gardens
SunRisers Hyderabad (SRH)Rajiv Gandhi International Cricket Stadium
Punjab Kings (PBKS)Inderjit Singh Bindra Stadium
Rajasthan Royals (RR)Sawai Mansingh Stadium
Lucknow based franchiseBRSABV Ekana Cricket Stadium
Ahmedabad based franchiseNarendra Modi Stadium

IPL 2022 Teams and their Captains:

Franchise (Team)Captains (during IPL 2021)
Chennai Super Kings (CSK)MS Dhoni
Mumbai Indians (MI)Rohit Sharma
Royal Challengers Bangalore (RCB)Virat Kohli
Delhi Capitals (DC)Shreyas Iyer/Rishabh Pant
Kolkata Knight Riders (KKR)Eoin Morgan
SunRisers Hyderabad (SRH)David Warner/Kane Williamson
Punjab Kings (PBKS)KL Rahul
Rajasthan Royals (RR)Sanju Samson

IPL 2022 Player Retentions:

IPL 2022 Player Retention Delhi Capitals (DC):

Set 1

Set 2

Set 3

IPL 2022 Player Retention Mumbai Indians (MI):

Set 1

Set 2

Set 3

IPL 2022 Player Retention Kolkata Knight Riders (KKR):

Set 1

Set 2

Set 3

IPL 2022 Player Retention Sunrisers Hyderabad (SRH):

Set 1

Set 2

IPL 2022 Player Retention Punjab Kings (PBKS):

Set 1

Set 2

*KL Rahul is likely to move away from Punjab Kings (PBKS) from the coming season.

IPL 2022 Player Retention Royal Challengers Bangalore (RCB):

Set 1

Set 2

Set 3

*AB de Villiers has already announced his retirement from all forms of cricket.

IPL 2022 Player Retention Chennai Super Kings (CSK):

Set 1

Set 2

Set 3

IPL 2022 Player Retention Rajasthan Royals (RR):

Set 1

Set 2

Set 3

IPL 2022 New Format Details:

With the increase in the number of teams, the BCCI is forced to make a few changes in the format of the Indian Premier League (IPL). 

IPL 2022 Start Date:

The Indian Premier League (IPL) season fifteen is likely to commence on April 2. Chennai Super Kings (CSK) will face Mumbai Indians (MI) in the tournament opener in Chennai’s Chepauk stadium. The final of the tournament is likely to be held in the first week of June.

IPL 2022 Broadcasting and Telecast:

IPL 2021: Disney-Star to increase the ad charges by 25-30 per cent after IPL 2020 successIPL 2021: Disney-Star to increase the ad charges by 25-30 per cent after IPL 2020 success
IPL 2022 Player Retentions, Team News, Rules, Purse Value - Updates 3

Here is the list of channels and platforms to watch the live-action of the Indian Premier League (IPL) 2022:

IndiaStar Sports, Disney+Hotstar
CaribbeanFlow Sports (Flow Sports 2)
United KingdomSky Sports Cricket, Sky Sports Main Event
United StatesWillow TV
MaldivesYupp TV, Medianet
AfghanistanRadio Television Afghanistan (RTA)
South AfricaSuperSport
NepalYupp TV, Net TV Nepal, SimTV Nepal
New ZealandSky Sport NZ (Sky Sport 2)
MENAbeIN Sports (beIN Sports 3)
CanadaWillow TV
BangladeshChannel 9
AustraliaFox Sports, Yupp TV
SingaporeDisney + Hotstar (StarHub TV+)
Sri LankaYupp TV, SLRC, Dialog TV, PeoTV
PakistanGeo Super (TBC)

ALSO READ: BCCI rolls out blueprint for IPL 2022, Mega Auction date, New Franchise, Retention policy

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