In the event of the franchise not retaining a player directly, they will be allowed to use their right to match thrice during the player auction. Uncapped players will cost the franchise Rs 3 crore each.
The Indian Premier League Governing Council along with the Committee of Administrators (CoA) met in New Delhi on Wednesday to discuss IPL Player retention policy, salary cap, player regulations and other related issues.
The Board of Control for Cricket in India (BCCI) acting secretary Amitabh Choudhary said in a statement after the meeting that "An IPL Franchise is eligible to secure up to 5 players by virtue of a combination of Player Retention [Pre Player Auction] and Right to Match [RTM] [During the Player Auction]". This gives CSK the chance to get their skipper MS Dhoni back in action for the 2018 season of IPL. Out of five, three can be retained & two can be taken under Right to Match or vice-versa.
The player auctions for the 2018 edition of the tournament are slated to be held in February.
The salary of players retained before the auction has also been altered in parts. The franchises are now allowed to spend up to Rs 80 crore in 2018, compared to Rs 66 crore in 2017. He further said MS Dhoni's inclusion in CSK is subject to the player and the franchise itself.
The retention of the players will be performed adhering to the rule of maximum number of three capped Indian players, maximum number of two overseas players and maximum number of two uncapped Indian players.
The Council allowed CSK and Rajasthan Royals, which was also banned for alleged spot-fixing and betting, to retain the players which were on their 2015 roster. This has been raised to Rs 20 lakh, Rs 30 lakh and Rs 40 lakh. For capped players, the new reserve prices are Rs 50 lakh (previously Rs 30 lakh), Rs 75 lakh (Rs 50 lakh), and Rs 1 crore, Rs 1.5 crore and Rs 2 crore (all unchanged). If a franchise retains the maximum of three of their players before the auction, it will lose from the salary cap INR 15 crore for the first player, INR 11 crore for the second, and INR 7 crore for the third.