IPL Auction 2018 Date, Draft Live Streaming & TV Channel, Players Retention, Salary Cap
IPL – Indian Premier League T20 2018 mega draft will be held January 27 and 28 in Bengaluru. The Indian Premier League Governing Council along with the Committee of Administrators (CoA) earlier announced Player retention policy, salary cap, player regulations and other rules.
Date: January 27 – January 28, 2018
Retention: January 04, 2018
Time: 06:30 PM IST
TV: Star Sports, Hotstar (06:50 PM IST)
IPL 2018 draft process broadcast live on Star Sports in India and its subcontinent (Sri Lanka, Bangladesh, Bhutan, Pakistan, Maldives, Nepal, and Afghanistan) countries; Auction also streamed live on Hotstar digital platform (Website, App).
Star Sports – Star Sports 2, Star Sport 2 HD, Star Sports 1 Hindi, Star Sports 1 HD Hindi
Here is retained players name
CSK: MS Dhoni, Suresh Raina and Ravindra Jadeja
MI: Rohit Sharma, Hardik Pandya, Japrit Bumrah
KKR: Andre Russell, Sunil Narine
RCB: AB De Villiers, Virat Kohl, Sarfaraz Khan
DD: Rishabh Pant, Chris Morris, Shreyas Iyer
RR: Steven Smith
KXIP: Axar Patel
SRH: David Warner, Bhuvneshwar Kumar
IPL 2018 Salary Cap: IPL Governing Council decided to increase the total spending of each franchise from Rs 66 crore to Rs 80 crore. The minimum spend will be 75 percent of the salary cap (which means, each franchise have to spend minimum 60 crores).
If three players retained pre-auction (Salary Cap)
- Player 1: 15 crore
- Player 2: 11 crore
- Player 3: 7 crore
If two players retained pre-auction (Salary Cap)
- Player 1: 12.5 crore
- Player 2: 8.5 crore
If one player retained pre-auction (Salary Cap)
- Player 1: 12.5 crore
Minimum Auction Reserve Price (Uncapped Players)
- INR 20 lakh
- INR 30 lakh
- INR 40 lakh
Minimum Auction Reserve Price (Capped Players)
- INR 50 lakh
- INR 75 lakh
- INR 1 cr
- INR 1.5 cr
- INR 2 cr
Player Retention Policy
An IPL Franchise is eligible to secure up to 5 players by a combination of Player Retention (Pre Player Auction) and Right to Match (RTM) (During the Player Auction).
- A maximum of either three retentions or three RTM at the discretion of the franchises
- If there is no retention before player auction, then franchises can have up to 3 RTM
Following will apply irrespective of player retention or RTM –
- The Maximum number of 3 Capped Indian players.
- The Maximum number of 2 Overseas players.
- The Maximum number of 2 Uncapped Indian players.
Franchise Squad Size: A maximum of 25 players (up to 8 overseas) and a minimum of 18 players, eight teams will participate in the upcoming season of IPL.
- Chennai Super Kings (CSK)
- Delhi Daredevils (DD)
- Kings XI Punjab (KXIP)
- Kolkata Knight Riders (KKR)
- Mumbai Indians (MI)
- Rajasthan Royals (RR)
- Royal Challengers Bangalore RCB)
- Sunrisers Hyderabad (SRH)