IPL 2022 Mega Auction - Player Retention, Team News, Rules, Purse Value - Updates

IPL 2022 Player Retentions: The Indian Premier League (IPL) has become a global brand, ever since it stepped into this gigantic world of sports. The IPL fans feel delighted and fascinated when news relating to IPL rings in their ears. It’s been a while since the IPL 2021 concluded and the fuzz about the next year’s IPL even before that. 

The hype got some pace after the BCCI announced the addition of the two new franchises in the elite competition. The addition could have been done prior to the IPL 2021, however, the dreaded pandemic spilt water on everything it could possibly reach out to.

However, now everything seems to be right in control and the Board of Control for Cricket in India (BCCI) is all geared up to proceed to its due aspirations.

Two New IPL Franchises:

The BCCI was in the fray to add two new IPL teams after the completion of the IPL 2020 in UAE. However, the covid pandemic forced the BCCI officials to delay the call by one year. The Board of Control for Cricket in India (BCCI) on 25th October 2021, after the completion of IPL 2021, announced the two successful bidders who acquired the operations of the two new IPL franchises. 

1.     RPSG Ventures Ltd. – Lucknow (for INR 7090 crores)

2.     Irelia Company Pte Ltd. (CVC Capital Partners) – Ahmedabad (for INR 5625 crores)

The addition of two new teams makes the cash-rich Indian Premier League (IPL) a ten teams affair. The new franchise will become functional from the upcoming season of the tournament.

Some of the biggest corporate giants from all around the globe took part in the IPL team bidding. The likes of Manchester United owners Glazer Family, along with Adani Group, Hindustan Times, Torrent Sports Ventures Pvt. Ltd. and several others were under a roof for the team auction.

Here is the complete list of bidders who placed their bids for acquiring a new IPL franchise:

S. NO.Bidder (Group)AhmedabadLucknow
Bidding Amount (in Crores)
1Adani Group51005100
2Kotak45134512
3All Cargo Logistics41404304
4Capri Global42044204
5Lancer Capital – Avram Glazer41284023
6Hindustan Media Ventures Limited42754510
7CVC56255166
8RPSG Ventures Ltd.70907090
9Torrent Sports Ventures Pvt. Ltd.46534356

IPL 2022 Mega Auction:

IPL 2022: BCCI expecting 7000 Crores to 10,000 Crores for two new IPL teams each
Image Source: Twitter

Season fourteen of the Indian Premier League (IPL) concluded on a high with Chennai Super Kings (CSK) lifting their fourth IPL title in Dubai. Now, it’s the time for a new season with some fresh franchises.

The IPL 2022 Mega Auction is going to be huge as almost 95 per cent of players will be forced to go under the hammer. The player auction is something that haunts the IPL franchises, however, it is all filled with excitement for the fans all around the globe. As per the rules and regulations, each existing IPL franchise is only allowed to pick 4 players outside the auction. 

There are a couple of franchises that will be looking to build an entirely new squad right from the start, including the two new inductees. The franchises will have a golden opportunity to do a revamp and start fresh in the coming season.

IPL 2022 Mega Auction Date and Time:

The IPL 2022 Player retentions will be completed by November 30th. The two new franchises will begin their process to acquire three big players during December 1-25.

The IPL 2022 Mega Auction is likely to be held in the last week of December 2021 or during the first week of January 2022. The auction timing will be 3:30 PM IST onwards.

IPL 2022 Mega Auction Updates:

Reports:

  • Punjab Kings (PBKS) to go into IPL 2022 Mega Auction with full purse value of INR 90 Crores – without IPL 2022 Player Retentions.
  • Mumbai Indians (MI) are keen on purchasing Shreyas Iyer at the IPL 2022 Mega Auction.
  • Mumbai Indians (MI) are likely to retain Rohit Sharma, Jasprit Bumrah, Kieron Pollard and Ishan Kishan (most likely).
  • Chennai Super Kings (CSK) looks to continue its partnership with MS Dhoni along with Ruturaj Gaikwad, Ravindra Jadeja and Moeen Ali/Faf du Plessis.
  • KL Rahul has been approached by one of the new franchises to be the skipper, which means he is all set to part ways with Punjab Kings (PBKS).
  • Shreyas Iyer is reported to leave Delhi Capitals (DC) as he is keen to have leadership role.
  • Kolkata Knight Riders (KKR) might retain Shubman Gill/Vanketesh Iyer along with Andre Russell, Sunil Narine and Varun Chakravarthy.

Updates:

  • CSK has recently signed a deal with two and three-wheeler tyre manufacturer TVS Eurogrip to be their principal sponsor for the next three years.
  • The IPL 2022 retention will be live-streamed on Star Sports on November 30th, 3:30 PM IST onwards.
  • AB de Villiers has announced its retirement from all forms of cricket and will no longer serve RCB as a player.
  • IPL 2022 is likely to commence on April 2, 2022, with the tournament opener being played between defending champions Chennai Super Kings (CSK) and Mumbai Indians (MI) at Chennai’s Chepauk.
  • The IPL 2022 final is likely to be held on June first week.
  • IPL 2022 will have as many as 74 matches with each team playing seven home and seven away matches.
  • Former World Cup-winning coach for India, Gary Kirsten and former Indian pacer Ashish Nehra has been approached by Lucknow based new IPL franchise to be their head coach and consultant respectively.
  • VVS Laxman will quit his role as SRH’s mentor as he has been appointed National Cricket Academy (NCA) chief by the BCCI.
  • Sanjay Bangar will be the head coach of Royal Challengers Bangalore (RCB) for the next two years replacing Simon Katich.
  • Ravi Shastri and Bharat Arun have been approached by Ahmedabad based new IPL franchise for the coaching role.
  • David Warner will put his name into IPL 2022 Mega Auction.
  • Mumbai Indians (MI) highly unlikely to retain Hardik Pandya.
  • Each team is allowed to retain a maximum of four players.
  • Retention of the players will be done by the end of November.
  • Two new IPL franchises will be entitled to pick three big players outside the IPL 2022 mega auction.
  • The BCCI has completely scrapped the use of Right To Match (RTM) Card in IPL 2022 Mega Auction.

IPL 2022 Player Retentions Rules:

Each existing eight IPL franchise can retain a maximum of four players before the IPL 2022 Mega Auction. The distribution of players can be either two Indian-two overseas or three Indian-one overseas.

The franchises are given the freedom to retain one, two, three or four players as per their requirements. 

For two new IPL teams, the BCCI has given them the liberty to pick three players outside the IPL 2022 Mega Auction. Under the Special Pick Provision, each new franchise can acquire two Indian cricketers and one overseas cricketer outside the mega auction.

As mentioned earlier, franchises can retain any number of cricketers below five and the salary structure of these cricketers will be:

IPL 2022 Player Retentions & their Salary:

In case a franchise opts to retain four players:

Choice of retentionSalary (total INR 42 Cr)
First choice retention (Player 1)INR 16 Crore
Second choice retention (Player 2)INR 12 Crore
Third choice retention (Player 3)INR 8 Crore
Fourth choice retention (Player 4)INR 6 Crore.

In case a franchise opts to retain three players:

Choice of retentionSalary (total INR 33 Cr)
First choice retention (Player 1)INR 15 Crore
Second choice retention (Player 2)INR 11 Crore
Third choice retention (Player 3)INR 7 Crore

In case a franchise opts to retain two players:

Choice of retentionSalary (total INR 42 Cr)
First choice retention (Player 1)INR 14 Crore
Second choice retention (Player 2)INR 10 Crore

In case a franchise opts to retain only one player:

Choice of retentionSalary (total INR 14 Cr)
First choice retention (Player 1)INR 14 Crore

IPL 2022 Mega Auction Purse Value:

The BCCI has increased the total purse value of each franchise. Hitherto each franchise had a purse value of INR 85 Crores, however, now with an increase of INR 5 Crores, the total value has been elevated to INR 90 Crores. 

The salary of the retained players will be deducted from the total purse value. Here is the breakdown of the total purse value for the franchises.

Franchise total retentionTotal Purse Value after Salary deduction of Retained Players
No RetentionsINR 90 Crores
One RetentionINR 76 Crores
Two RetentionsINR 66 Crores
Three RetentionsINR 57 Crores
Four RetentionsINR 48 Crores

ALSO READ: IPL 2022 Mega Auction: Virender Sehwag says MI should retain Rohit, Ishan and Jasprit Bumrah

IPL 2022 Teams and their home Grounds:

As mentioned earlier, the Indian Premier League has now become a ten teams affair following the inclusion of two new franchises in Ahmedabad and Lucknow. 

Franchise (Team)Home Grounds
Chennai Super Kings (CSK)M. A. Chidambaram Stadium
Mumbai Indians (MI)Wankhede Stadium
Royal Challengers Bangalore (RCB)M Chinnaswamy Stadium
Delhi Capitals (DC)Arun Jaitely Stadium
Kolkata Knight Riders (KKR)Eden Gardens
SunRisers Hyderabad (SRH)Rajiv Gandhi International Cricket Stadium
Punjab Kings (PBKS)Inderjit Singh Bindra Stadium
Rajasthan Royals (RR)Sawai Mansingh Stadium
Lucknow based franchiseBRSABV Ekana Cricket Stadium
Ahmedabad based franchiseNarendra Modi Stadium

IPL 2022 Teams and their Captains:

Franchise (Team)Captains (during IPL 2021)
Chennai Super Kings (CSK)MS Dhoni
Mumbai Indians (MI)Rohit Sharma
Royal Challengers Bangalore (RCB)Virat Kohli
Delhi Capitals (DC)Shreyas Iyer/Rishabh Pant
Kolkata Knight Riders (KKR)Eoin Morgan
SunRisers Hyderabad (SRH)David Warner/Kane Williamson
Punjab Kings (PBKS)KL Rahul
Rajasthan Royals (RR)Sanju Samson

IPL 2022 Player Retentions:

IPL 2022 Player Retention Delhi Capitals (DC):

Set 1

Set 2

Set 3

  • Rishabh Pant
  • Avesh Khan
  • Prithvi Shaw
  • Kagiso Rabada

IPL 2022 Player Retention Mumbai Indians (MI):

Set 1

  • Rohit Sharma
  • Jasprit Bumrah
  • Ishan Kishan
  • Kieron Pollard

Set 2

Set 3

  • Rohit Sharma
  • Jasprit Bumrah
  • Kieron Pollard
  • Trent Boult

IPL 2022 Player Retention Kolkata Knight Riders (KKR):

Set 1

Set 2

  • Shubman Gill
  • Varun Chakravarthy
  • Vankatesh Iyer
  • Andre Russell

Set 3

  • Nitish Rana
  • Rahul Tripathi
  • Shubman Gill
  • Lokie Ferguson

IPL 2022 Player Retention Sunrisers Hyderabad (SRH):

Set 1

  • Kane Williamson
  • Umran Malik
  • Rashid Khan
  • Bhuvneshwar Kumar

Set 2

  • David Warner
  • Rashid Khan
  • Manish Pandey
  • Umran Malik

IPL 2022 Player Retention Punjab Kings (PBKS):

Set 1

Set 2

  • KL Rahul
  • Mohammad Shami
  • Ravi Bishnoi
  • Dawid Malan

*KL Rahul is likely to move away from Punjab Kings (PBKS) from the coming season.

IPL 2022 Player Retention Royal Challengers Bangalore (RCB):

Set 1

Set 2

Set 3

  • Virat Kohli
  • Devdutt Padikkal
  • KS Bharat
  • Glenn Maxwell

*AB de Villiers has already announced his retirement from all forms of cricket.

IPL 2022 Player Retention Chennai Super Kings (CSK):

Set 1

  • MS Dhoni
  • Ruturaj Gaikwad
  • Ravindra Jadeja
  • Sam Curran

Set 2

  • MS Dhoni
  • Sam Curran
  • Ruturaj Gaikwad
  • Faf du Plessis

Set 3

  • MS Dhoni
  • Ruturaj Gaikwad
  • Shardul Thakur
  • Moeen Ali

IPL 2022 Player Retention Rajasthan Royals (RR):

Set 1

  • Sanju Samson
  • Yashasvi Jaiswal
  • Chetan Sakariya
  • Ben Stokes

Set 2

  • Sanju Samson
  • Liam Livingstone
  • Shivam Dube
  • Ben Stokes

Set 3

IPL 2022 New Format Details:

With the increase in the number of teams, the BCCI is forced to make a few changes in the format of the Indian Premier League (IPL). 

  • Ten teams will be divided into two groups of five teams each.
  • Each team will play two matches (home and away) with the remaining four teams of its group.
  • After playing inside its group, teams will move out to play four matches with four teams of the other group while two matches with the fifth team of that same group.
  • After the completion of league stage, the teams will be ranked according to their total points and net run rate.
  • The top four teams will progress to the playoffs.
  • Qualifier1: Top two teams of the league stages will play the qualifier 1. Winner of the match will go to the final while loser will play eliminator 2.
  • Eliminator1: Team ranked third and fourth will play out the eliminator1. The winner will proceed to play against the loser of Qualifier1 while the loser of eliminator1 will be knocked out of the tournament.
  • Eliminator2: The winner of eliminator1 and loser of qualifier1 will play the eliminator2. The winner will go to play the final while loser will be knocked out of the tournament.
  • Final: Winner of qualifier1 and winner of eliminator2.
  • The groups will be divided randomly.
  • A total of 74 matches will be held.
  • The IPL 2022 window will be over two months.

IPL 2022 Start Date:

The Indian Premier League (IPL) season fifteen is likely to commence on April 2. Chennai Super Kings (CSK) will face Mumbai Indians (MI) in the tournament opener in Chennai’s Chepauk stadium. The final of the tournament is likely to be held in the first week of June.

IPL 2022 Broadcasting and Telecast:

IPL 2021: Disney-Star to increase the ad charges by 25-30 per cent after IPL 2020 success
IPL 2022 Player Retentions, Team News, Rules, Purse Value - Updates 3

Here is the list of channels and platforms to watch the live-action of the Indian Premier League (IPL) 2022:

IndiaStar Sports, Disney+Hotstar
CaribbeanFlow Sports (Flow Sports 2)
United KingdomSky Sports Cricket, Sky Sports Main Event
United StatesWillow TV
MaldivesYupp TV, Medianet
AfghanistanRadio Television Afghanistan (RTA)
South AfricaSuperSport
NepalYupp TV, Net TV Nepal, SimTV Nepal
New ZealandSky Sport NZ (Sky Sport 2)
MENAbeIN Sports (beIN Sports 3)
CanadaWillow TV
BangladeshChannel 9
AustraliaFox Sports, Yupp TV
SingaporeDisney + Hotstar (StarHub TV+)
Sri LankaYupp TV, SLRC, Dialog TV, PeoTV
PakistanGeo Super (TBC)

ALSO READ: BCCI rolls out blueprint for IPL 2022, Mega Auction date, New Franchise, Retention policy