MS Dhoni, Suresh Raina and Ravindra Jadeja will return to Chennai Super Kings as the IPL franchises announced their list of retentions on Thursday (January 4) in Mumbai.
As CSK opted to retain three players, their auction purse of INR 80 Crore was deducted by 33 Crore (15 Crore for the first player, 11 Crore for the second and 7 for the third).
Delhi Daredevils have decided to retain Chris Morris, Rishabh Pant and Shreyas Iyer. For the upcoming edition, Ricky Ponting will take over from Paddy Upton as Delhi Daredevils coach.
Mumbai Indians have retained Rohit Sharma ,Hardik Pandya and Jasprit Bumrah.
Kings XI Punjab have retained just one player – Axar Patel.
Rajasthan Royals have also welcomed back Steve Smith, who captained Rising Pune Supergiant during their two-year absence.
One of the notable names not to be retained is long-time Kolkata Knight Riders skipper Gautam Gambhir, who is now back in the auction pool with West Indians Sunil Narine and Andre Russell being the Shah Rukh Khan co-owned franchise’s two picks.
Here is the full list of retained players:
Chennai Super Kings — MS Dhoni, Suresh Raina, Ravindra Jadeja
Sunrisers Hyderabad — David Warner, Bhuvneshwar Kumar
Kings XI Punjab — Axar Patel
Kolkata Knight Riders — Sunil Narine, Andre Russell
Royal Challengers Bangalore — Virat Kohli, AB de Villiers, Sarfaraz Khan
Rajasthan Royals — Steve Smith
Mumbai Indians — Rohit Sharma, Hardik Pandya, Jasprit Bumrah
Delhi Daredevils — Rishabh Pant, Shreyas Iyer, Chris Morris
IPL 2018 AUCTION AND OTHER DETAILS
The mega auction will be held in Bengaluru on January 27 and 28.
The salary cap was raised for the 11th edition of the lucrative IPL. For the coming season, it’s fixed at Rs 80 crore and will increase to Rs 82 and 85 crore respectively in 2019 and 2020.
The minimum spend has been fixed at 75 per cent of the salary cap for each season.
The player retention price guideline for salary cap charged has also been set as Rs 33 crore (for 3 players pre auction), Rs 21 crore (for 2 players pre auction) and Rs 12.5 crore (for 1 player retained pre-auction).
For those franchises who have retained one or two players, they get three RTM cards, if they have kept three, then they get two RTM cards.
Each squad can consist of a maximum number of 25 players (up to 8 overseas players) and a minimum of 18.