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IPL: No More Mega Auctions To Be Held After IPL 2022 – Reports

10-Team IPL
IPL trophy. (Photo Credit: BCCI)

The Indian Premier League 2022 mega-auctions are likely to take place in December this year. According to reports, the auctions will be the last ever mega-auctions of the tournament.

It is learned, that the Indian Premier League franchises too were not keen on more mega-auctions after IPL 2022. They want to focus on building their teams for the long run in the Indian Premier League. The Board of Control for Cricket in India seems to have agreed to the request of the franchises. A Times of India journalist, K Shriniwas Rao, posted a tweet on the mega-auctions, stating,

“Bumper announcement: This is probably the last IPL mega auction. After this, franchises have to work on — and create — their own ecosystems. After this no mega auction for quite time (I guess forever). P.s…. as it is, I think auctions have gone past their sell by date”

Players Retention Rules for Indian Premier League 2022 Season

IPL 2021 BCCI IPL 2022
VIVO IPL (Credits – Twitter)

The retention rules laid by the Board of Control for Cricket in India, allow each existing team to retain up to four players. Out of the four players, the teams can retain up to three Indians and an overseas player, or two Indians and two overseas players. The teams can retain two uncapped players before the mega-auctions. The deadline for submission of the retention list is November 30.

After the existing franchises submit their list, the two new franchises, Lucknow and Ahmedabad will choose three players from the auction pool. Each franchise will have a salary purse of Rs 90 crore, before the retentions. The teams will be charged Rs 16 crore for the first player they retain, Rs 12 crore for the second player, Rs 8 crore for the third player, and Rs 6 crore for the fourth player.

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