IPL 2022 | Two new teams given time till January 22 to announce three retentions

Abhishek Singh

Abhishek Singh

Author| Jan 12, 9:50 AM

PC- Twitter
PC- Twitter

The Board of Control for Cricket in India (BCCI) has given time till January 22, 2022, for the two new entrants in the Indian Premier League, the CVC Capital owned Ahmedabad franchise and RPS Goenka group owned Lucknow franchise to finalise their three pre-signed or retained players. 

The eight already existing teams have already given the list of their retained players. They could have retained a maximum of four players. Among the three players that the new franchises can sign prior to the auctions, there can be no more than one overseas player.

"They have time till 5 pm on January 22 to complete their signings," a BCCI official was quoted as saying by Cricbuzz. 

Originally the two teams were to be given two weeks after the green light to CVC regarding ownership of the franchise. Bit now, since the dates for the Auction are set at February 12 and 13, the original plan has been tweaked and the teams are now given only 10 days to finalise their list of players. 

According to the advisory, if the two new teams sign three capped players, they would have to forfeit Rs 33 crore. And if they sign two capped players then, in that case, they would lose out on Rs 24 crore and Rs 14 crore for signing one capped player. 

An uncapped player would cost them only Rs 4 core, but they can pay him more than that if they want and the extra money would be deducted from their total salary cap of Rs 90 crore. However, the new teams cannot sign more than one uncapped player. 

The players that are on the minds of the two franchises are Hardik Pandya, Shreyas Iyer, KL Rahul, Kagiso Rabada, Marcus Stoinis and Shahrukh Khan, the free agents, who have not been retained by their previous franchises ahead of the mega auction. Now that Mitchell Starc is thinking of throwing his hat in the mix, he might also be on the radar of the franchises who are looking to pre-sign players.

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