IPL 2018: MS Dhoni Back to Chennai Super Kings

Teams could opt for two retentions and three Right to Match or three retentions and two Right to Match

"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 CSK and RR, who are returning to the league after paying two years suspension, will be permitted to retain players who played for their respective squad in the 2015 IPL season and the ones who were part of now-defunct teams Gujarat Lions and Rising Pune Supergiants.

However, Rising Pune Supergiants and Gujarat Lions will not feature in the 11th edition of the tournament.

The governing council also decided that an IPL Franchise is eligible to secure up to 5 players by virtue of a combination of Player Retention (Pre Player Auction) and Right to Match (RTM) (During the Player Auction).

Commenting on the fact that the team will get to pick the players from the 2015 IPL squad, the CSK director affirmed that they are not losing their head over it and are quite content with the rule.

In the subsequent years, the franchises will be allowed to shell out Rs 82 crore (in 2019) and Rs 85 crore (in 2020). The salary cap has also been increased for uncapped players. The decision taken was that a team can retain a maximum of three capped Indian players, maximum number of two overseas players and/or maximum number of two uncapped Indian players. However, it was decided not more than three Indian and two foreign players can be retained by a franchise.

Willie Taggart agrees to deal with Florida State
Taggart is also known for bringing in elite recruiting classes and knows the Florida circuit as well as anyone. Despite stabilizing a handful couple of programs, FSU's next head coach boasts a 47-50 overall record.

A maximum of either three retentions or three RTMs at the discretion of the franchises.

George also confirmed that they can only retain players who played for them in 2015. If they opt to retain just the one player, then they'll have to suffer a deduction of INR 12.5 Crores from their pre-auction purse. A right-to-match card gives the franchise the ability to buy back its player during the auction by matching the highest bid made for the player by another franchise, once the bidding is over.

"The minimum spend will be 75 per cent of the salary cap for each season", the statement read.

In July 2017, The Board of Control for Cricket in India said on Friday that Chennai Super Kings and Rajasthan Royals would be back for 2018 IPL.

The auction for the new IPL season will begin in February.

Related News:

  • Pizza Hut To Deliver 6-Packs Of Beer, Fine Wines In 2018

    Pizza Hut To Deliver 6-Packs Of Beer, Fine Wines In 2018

    During the summer, the pizza chain announced that it would be hiring 14,000 more drivers around the country by the end of 2017. All drivers with beer and wine deliveries on their routes will be at least 21 years old, according to the company.
    Chad Morris to be Arkansas Razorbacks next head football coach

    Chad Morris to be Arkansas Razorbacks next head football coach

    The Mustangs improved their win total each year under Morris, with records of 2-10 in 2015, 5-7 last season and 7-5 this year. Morris went on to get his first head coaching job at SMU , where he spent the last three seasons.
    Ireland, Apple Agree To Put $15B In Escrow For Tax Dispute

    Ireland, Apple Agree To Put $15B In Escrow For Tax Dispute

    However, Dublin as well as Apple continue to contest the European Commission's ruling. Starting next year, will have to start paying Ireland back billions of back taxes.
  • Western Railways gears up for cyclone Ockhi

    Western Railways gears up for cyclone Ockhi

    Fishermen were warned not to put out to sea and those out fishing were called back. Spoke to all relevant authorities and officials.
    Samsung Starts Production of First 512GB UFS Package for Mobile Devices

    Samsung Starts Production of First 512GB UFS Package for Mobile Devices

    High storage phones models now come with 128GB or 256GB of memory, but Samsung's new 512GB chip is double or quadruple that. That's why Samsung says it is going to steadily increase its production volume for both 512 GB and 256 GB V-NAND chips.
    Introducing Messenger Kids, a New App For Families to Connect | Facebook Newsroom

    Introducing Messenger Kids, a New App For Families to Connect | Facebook Newsroom

    But she said that while Facebook made the app "with the best of intentions", it's not yet known how people will actually use it. Parents are the ones who create the account, since you can't technically have a Facebook unless you're 13.
  • Gay wedding cake row reaches US Supreme Court

    Gay wedding cake row reaches US Supreme Court

    They fear that if the Supreme Court ultimately sides with Phillips, it will diminish its landmark ruling in Obergefell v. Colorado is among only 21 states with statewide laws barring discrimination against gays in public accommodations.
    Who will take the lead in House of Cards' final season?

    Who will take the lead in House of Cards' final season?

    On Nov. 26, Media Rights Capital announced that it had extended its production hiatus for another two weeks until December 8. Production on the House of Cards set had been shut down ever since, as Media Rights Capital investigated the situation.
    Honor to launch View 10 in India on Jan 8 (Second Lead)

    Honor to launch View 10 in India on Jan 8 (Second Lead)

    There Wi-Fi 802.11a/b/g/n (2.5/5G Wi-Fi), GPS/AGPS, GLONASS, Wi-Fi Direct, microUSB v2.0, dual SIM slots and USB OTG support. The V10 comes in navy blue or midnight black, and is available globally starting on January 8th for £449.99 (around $605).
  • Brush fire breaks out in Los Angeles

    Brush fire breaks out in Los Angeles

    Some 50 acres had burned within a matter of just two hours as Los Angeles firefighters contend with wind gusts of up to 30 mph . The Southbound lanes of the 405 Freeway are now open through the Sepulveda pass, but the Northbound lanes are closed.
    Maduro: Venezuela to create new 'petro' cryptocurrency

    Maduro: Venezuela to create new 'petro' cryptocurrency

    President Donald Trump's administration this year hurt the country's ability to move money through the worldwide banking system. He said that Venezuela will develop a cryptocurrency that is backed by gas, diamond reserves, gold, and oil.
    21st Century Fox Buyout Reports

    21st Century Fox Buyout Reports

    Engineers Gate Manager Limited Partnership holds 0.02% in Twenty-First Century Fox, Inc . (NASDAQ:FOX) for 27,756 shares. LS Investment Advisors LLC boosted its stake in Twenty-First Century Fox by 3.3% during the 2nd quarter. (NASDAQ:FOX).


Most liked

You can now really use Apple Pay Cash to send money directly
APPLE HAS HAD a bad week for software problems , and things much got worse over the weekend with the release of iOS 11 .2. That could lead people to use other free apps, like Venmo and Square Cash to send money to those who have Android devices.

Russian Federation to list United States media as 'foreign agents'
Klimov also restated Moscow's position that this was a "mirrored response" to the steps taken by the US Justice Department.

John Mayer undergoing emergency appendectomy
Bob Weir tweeted a photo with his bandmate, captioning it, "Wishing a speedy recovery for John". The band now includes former Grateful Dead members Bob Weir, Mickey Hart and Bill Kreutzmann.