IPL Retentions Deadline Day – As it happens
Franchise Retentions
- SRH to retain Klaasen, Cummins, Head, Abhishek and Nitish: Sunrisers Hyderabad have locked in on their five retentions, including Heinrich Klaasen, Pat Cummins, Travis Head, Abhishek Sharma, and Nitish Reddy. Nitish Reddy's retainer amount is INR 6 crores.
- Shreyas Iyer unlikely to be retained by KKR: Defending champions KKR are unlikely to retain their championship-winning captain Shreyas Iyer.
- Nicholas Pooran retained by LSG: LSG have hedged their bets on Nicholas Pooran, agreeing on a INR 18 crores deal.
IPL Retention Rules
- Franchises can retain a maximum of five capped players (Indian/Overseas) and a maximum of two uncapped players.
- Each uncapped player retained will be valued at INR 4 crores.
- The five capped player retentions will be valued as follows:
Direct Retention Player Value Retained Player 1 INR 18 crores Retained Player 2 INR 14 crores Retained Player 3 INR 11 crores Retained Player 4 INR 18 crores Retained Player 5 INR 14 crores - Franchises are free to pay more or less than the standardised amounts to their retained players.
New RTM Rule
- The RTM rule comes with a twist this year: the highest bidder will be given one final opportunity to further raise their bid before the team holding the RTM claims the player.