Published 11:05 IST, December 1st 2021
Explained: Why DC lost ₹50 lakh more from their auction purse than CSK, KKR & MI
Delhi Capitals decided to retain the services of players like Rishabh Pant, Prithvi Shaw, Axar Patel, and Anrich Nortje for the 2022 edition.
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Delhi Capitals on Tuesday released ir IPL retention list, which saw many of core group of players heing straight into auction pool. franchisee decided to retain services of players like Rishabh Pant, Prithvi Shaw, Axar Patel, and Anrich Nortje for IPL 2022 but eyebrows were raised after Ravichandran Ashwin, former skipper Shreyas Iyer and Kagiso Raba were let go by team into auction pool.
Apart from retention list, or talking point of this IPL retention was Delhi Capitals losing ₹50 lakh more from ir auction purse than Chennai Super Kings (CSK), Kolkata Knight Riders (KKR) and Mumbai Indians (MI).
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Why did Delhi Capitals lose ₹50 lakh more during IPL retention?
With a total auction purse of ₹90 crore available at mega auction for each team, eight franchises were eligible to retain up to 4 players, with a maximum of 3 Indians, 2 overseas players and 2 uncapped Indian players. While Chennai Super Kings, Mumbai Indians and Kolkata Knight Riders saw ₹42 crores being deducted from ir auction purse, Delhi Capitals, after retaining three Indians and one overseas player for a total of 39 crores, saw ₹42.5 crores deducted from purse.
If you are still wondering reason behind deduction of an extra ₹50 lakh, it is due to IPL retention rule which clearly states that a team would lose money if y pay a player above prescribed amount of auction rules.
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"If League Fee agreed with a Retained Player exceeds relevant prescribed amount, n an amount equal to that higher League Fee shall be deducted from relevant Franchisee’s Salary Cap. guidelines furr state that if League Fee agreed with a Retained Player is less than relevant prescribed amount, n an amount equal to relevant prescribed amount shall be deducted from relevant Franchisee’s Salary Cap," states IPL retention rule on auction purse.
In Delhi's case, y've paid ₹6.5 crore to Anrich Nortje, who is 4th on list of retained players by Delhi Capitals. This is ₹50 lakh more than IPL's prescribed price for a player who is retained as 4th option.
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Chennai Super Kings retained Ravindra Jeja, MS Dhoni, Moeen Ali and Ruturaj Gaikw, losing ₹42 crore from ir auction purse.
Mumbai Indians also lost same amount of money after retaining four players - Rohit Sharma, Jasprit Bumrah, Suryakumar Yav and Kieron Pollard. Kolkata Knight Riders also saw ₹42 crore being deducted from ir purse after retaining Andre Russell, Varun Chakravarthy, Venkatesh Iyer and Sunil Narine.
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Retention list of or IPL teams
Sunrisers Hyderab
Sunrisers Hyderab retained Kane Williamson (₹14 crore) to le franchise. Apart from him, team also retained two uncapped Indian players in Abdul Sam and Umran Malik at ₹4 crore each.
Royal Challengers Bangalore
Bangalore-based franchise have retained former captain Virat Kohli (₹15 crore), Glenn Maxwell (₹11 crore), and Mohammed Siraj (₹7 crore).
Rajasthan Royals
Rajasthan Royals have backed ir skipper Sanju Samson (₹14 crore), England star Jos Buttler (₹10 crore), and young Yashasvi Jaiswal (₹4 crore).
Punjab Kings
Punjab Kings retained opener Mayank Agarwal (₹12 crore) and uncapped seamer Arshdeep Singh (₹4 crore).
10:24 IST, December 1st 2021