When Indian Premiere League started off for its first season in 2008, T20 World Cup winning Indian skipper Mahendra Singh Dhoni was a player every franchise was looking to buy.
The franchises can retain a maximum of 5 players using the combination of retention or the Right to Match. The IPL Governing Council has given teams options which could allow them to retain as many as five of their players.
So, if a franchise does not to directly retain any player, it will be allowed a maximum of three RTMs at the auctions.
The IPL Governing Council, along with the Committee of Administrators (CoA), discussed player retention, salary cap, player regulations and other related issues in a meeting held in the national capital.
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As per the report by the Indian Express, one franchise was reportedly on the side of retaining as many as five years, while another proposed retention of one player per team.
It also hiked the salary budget of the franchises from Rs 66 crore to Rs 80 crore for the next year's auction, with the figure to rise to 82 crore in 2019 and 85 crore in 2020.
In October this year, the IPL governing council floated a proposal, stating that CSK and RR can retain players who moved to Rising Pune Supergiant and Gujarat Lions for two years following a draft.
"(On MS Dhoni coming back to CSK as captain) Obvious, yes.
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Chennai Super Kings and Rajasthan Royals were banned for two seasons from the Indian Premier League after some of their team owners were charged for corruption by the Supreme Court. The player auction is tentatively set for February.
The 2018 edition of IPL is expected to be even bigger with the return of former champions CSK and RR.
"What has been decided in the meeting was that the franchises can retain three players and two Right to Match or two retentions and three Right to Match", said one of the members who attended the meeting. Besides, the IPL also got a windfall of 16,347.50 crore thanks to its media rights, bought by STAR India.
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