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- The salary cap for each team for the 2018 season was increased from ₹66 crore to ₹80 crore (approximately $12.4 million).
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The salary cap for each team for the 2018 season was increased from ₹66 crore to ₹80 crore (approximately $12.4 million). A franchise was allowed to spend only ₹33 crore on retentions ahead of the 2018 IPL auction, leaving it at least ₹47 crore to spend at the auction.
2018 – INR 80 Crore. 2019 – INR 82 Crore. 2020 – INR 85 Crore. The minimum spend will be 75 per cent of the salary cap for each season. (C). Player Retention Price Guideline. (i) Option 1. (ii) Option 2. (iii) Option 3. Uncapped players INR 3 crore per player.
Jan 3, 2018 · Salary cap Player 1: 15 crore Player 2: 11 crore Player 3: 7 crore. If two players are retained pre-auction: Salary cap Player 1: 12.5 crore Player 2: 8.5 crore. If one player is retained pre-auction: Salary cap Player 1: 12.5 crore. How many players can an IPL team retain?
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The salary cap for the season was increased from ₹ 66 crore to ₹ 80 crore, with all franchises needing to spend at least 75 percent of the amount. [4] . In total 1122 players signed up to be a part of the auction. [5] .
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Jan 27, 2018 · The cap for each team last season was Rs 66 crores but this season, it is Rs 80 crore. In the next two auctions, the cap will further go up to Rs 82 crore and Rs 85 crore, respectively. The teams can keep a maximum of 25 players including eight overseas players, as opposed to nine last year, and the minimum number of players for each team is 18.
Feb 15, 2022 · - All salaries are per season. So if a player is bought for Rs 10 Crore, he is paid that amount for one season's appearance. So, in case it's a three year contract, he will be paid Rs 30 Crore (Rs ...