While cricket fans across the globe are anxiously waiting for Phase-2 of Indian Premier League (IPL) 2021, the top brass of the Board of Control for Cricket in India (BCCI) is busy preparing for the mega auction to be held later this year.
IPL 2022 Mega Auction
The mega auction is a major boost for franchises that want to rebuild their squads. With two new teams likely to be added to IPL’s roster from 2022, the mega auction has become even more interesting.
As reported by the TOI, ahead of next year’s mega auction, the franchises would be allowed to retain a maximum of four players each.
As per the conditions, the team management can either retain three Indian players and one overseas player or two Indian players and two overseas players.
The franchises would deduct the salaries of these four players before entering the auction. With two new teams, the BCCI will also increase the purse from 85 crores to 90 crores which means an additional 50 crores would be added to the budget of all ten franchises by the BCCI.
In case if a franchise retains three players, Rs 15 cr, Rs 11 cr, and Rs 7 cr would be the salary structure of those players, Rs 12.5 cr and Rs 8.5 cr if two players are retained; and Rs 12.5 cr if only one player is retained.
“Some players may like the idea of not wanting to be retained and will want to head into the auction pool. That’s because there’s an increase in the salary purse and two new teams are being added. So, there’ll be a rush to grab talent. Expect some leading Indian cricketers to forward their names for the auction,” those tracking developments told TOI.
Initially, the mega auction was to be held ahead of IPL 2021 but with franchises suffering losses due to the pandemic and also with not much time gap between IPL 2020 and 2021, the mega auction was postponed by a year.
While Royal Challengers Bangalore and Chennai Super Kings each won five of their seven matches, defending champions MI got over the line four out of seven times. These four sides are the front-runners to get a place in the playoffs and it would be interesting to see if any major turn of events take place.