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Let’s take a look at all that we need to know ahead of the highly-anticipated Deadline Day for IPL 2025 Retentions here.
October 31st is the deadline for franchises to announce their retentions. (BCCI Photo)
With Diwali right around the corner, and the ‘Diwali Dhamaka’ of an IPL Retention Deadline Day looming, all 10 IPL teams will be expected to finalize and reveal their retention lists for the world to see, ahead of the IPL Mega Auction that’s set to take place later this year.
So, let’s take a gander at all that we need to know ahead of the highly-anticipated Deadline Day for IPL Retention here.
How does the system of retention work?
As per the Right to Match (RTM) option, IPL teams will now be presented with the opportunity to retain 6 of their favoured players from their last squad for the upcoming seasons, either before the deadline of October 31 or even at the Mega Auction table itself.
What is RTM?
Right to Match is a system that allows a team to basically buy back their players during the mega auction. If a team does not name any retentions before the deadline, they will come into the auction with 6 RTMs. But, if a team does choose to retain in advance, then they will be present with (6 -no. of retained players) RTMs when the IPL Mega Auction will take place.
How many players can be retained by each IPL team?
Six players from each of the 10 IPL teams’ 2024 squad can be retained, of which a maximum of five can be capped internationals – Indian or overseas – and two can be uncapped Indian players.
What’s the total purse for each team?
The auction purse for the franchises has been set at INR 120 Crore for IPL 2025, a change from the previous year’s INR 110 Crore. The total salary cap will now consist of auction purse, incremental performance pay and match fees.
Who’s an uncapped player?
Any cricketer who has not yet made their debut for their national team, in any format, is considered an ‘uncapped player.’
On top of the same, any former Indian international player, who has not represented the nation for over 5 years in any format (T20, ODI, Test) and don’t hold a central contract with the BCCI will also be considered an uncapped player.
What’s the cost to retain a player?
For the first player retained, a team will lose INR 18 crore from their purse, INR 14 crore for the second player, INR 11 crore for the third, INR 18 crore again for the fourth, and INR 14 crore again for the fifth player retained.
For every uncapped Indian player retained, a team will lose INR 4 crore from the purse.
There is no cap on the number of overseas players a team can retain as well.
What if a team spends more or less than the aforementioned retention value to retain a player?
If a team pays more than his retention value, for e.g. Capped Player 3 is retained for INR 14 Crore (4 crores higher than the value of INR 11 Crore), then 14 Crore will be taken away.
In the case a team pays less than the retention value, for e.g Capped Player 2 is reatained for INR 12 Crore (2 crored lesser than the value of INR 14 Crore), INR 14 Crore will be deducted from the purse.
Can the purse money used be distributed equally among the retained players?
In the case that a franchise opts to retain 5 capped players, then the total sum of money, which is (18+14+11+18+14) INR 75 Crore, can surely be divided in varying proportions, equal or not, within the capped players retained, as long as the retained players agree to it.
What is the deadline day and time for the IPL 2025 retentions?
The 10 teams are supposed to fill in their IPL 2025 retentions by the 5 PM IST deadline on October 31, Thursday.
