IPL 2018 is set for more excitement with the return of two franchises Chennai Super Kings and Rajasthan Royals.
The two strong teams are set back to the eleventh season of IPL after these teams were banned on account of spot-fixing in 2013.
The come- back of MS Dhoni to captaincy is another asset for the Chennai Super Kings.
Undoubtedly, the auction that is going to take place as a two-day event will be the biggest of all the previous auctions.
Let us have a look at the auction as the tournament is steering ahead.
Auction dates and venue announced
The dates for auction were declared and the event will take place on 27th and 28th January in Bengaluru.
About Right to Match(RTM) rule
Right to match rule is the process of retaining players for the same price as a bid by other franchises. This rule is recently included in the protocol. For example, if Delhi DareDevils wants to bid Rs.3 crore on Akshar Patel, his current team Kings XI Punjab can retain him for the same amount. The franchises can bid for three players using this rule.
Increase of the salary cap
The latest salary cap is another relief for the players. The price increased to Rs.80 crore from the current Rs.66 crore.
However, the franchises can retain three players before the auction. But, a deduction of Rs.33 crore will be done, that is, Rs .15 crore for the first player, Rs.11 crore for the second player and Rs.7 crore for the third player.
If a team wishes to retain an uncapped player, the franchise gets a deduction of Rs.3 crore.
However, the Chennai Super Kings and Rajasthan Royals have the opportunity to retain players for the teams they played. For example, Steve Smith, currently playing for Pune Supergiants can be retained by Rajasthan Royals but not Chennai Super Kings as he played for Rajasthan Royals in the past.
Every team has the opportunity to retain three capped Indian players, two uncapped Indian players, and two overseas players.
There are expectations about heavy competition for player retention and auction due to come back of the teams RR and CSK.
On the other hand, reports say that Manoj Badale, one of the co-owners of RR franchise wrote an email to BCCI about the flaws in current auctioning and player retention process.